Mr. Robert Quartermain reports

PRETIVM PRICES OFFERING OF COMMON SHARES

Pretium Resources Inc. entered into an underwriting agreement today with a syndicate of underwriters, in connection with its previously announced marketed offering of common shares.

The underwriters have agreed to purchase 8.28 million common shares at a price of $7.25 (U.S.) per common share for gross proceeds of $49,524,750 (U.S.) for the company and $10,505,250 (U.S.) for Silver Standard Resources Inc. (as defined below). The company will offer 6,831,000 of the common shares in the offering. The remaining 1,449,000 of the common shares in the offering will be offered by Silver Standard as selling shareholder, pursuant to its existing registration rights that permit Silver Standard to participate in offerings of securities by the company in an amount equal to the total number of common shares being offered multiplied by Silver Standard's current ownership percentage. The offering will be made under a prospectus supplement dated July 22, 2014, to the company's short-form base-shelf prospectus dated July 16, 2014, to be filed with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec. The supplement will also be filed with the U.S. Securities and Exchange Commission (SEC) as part of a registration statement on Form F-10 in accordance with the multijurisdictional disclosure system established between Canada and the United States.

The company and Silver Standard have also proportionately granted the underwriters an overallotment option to purchase up to an additional aggregate of 1,242,000 common shares at the offering price, exercisable for a period of 30 days following closing. Scotia Capital Inc. is the lead underwriter in a syndicate that includes BMO Nesbitt Burns Inc., CIBC World Markets Inc., Cormark Securities Inc., GMP Securities LP, RBC Dominion Securities Inc., Citigroup Global Markets Canada Inc., Cowen & Company LLC, Roth Capital Partners LLC, H.C. Wainwright & Co. LLC and Salman Partners Inc.

The net proceeds of the offering will be used to finance environmental and engineering activities at the Brucejack project, to finance permitting of the Brucejack project, to finance continued exploration activities at the Brucejack project, and for general corporate purposes. The company will not receive any of the proceeds from the sale of common shares by Silver Standard.

Closing of the offering will be subject to a number of conditions, including approval of the Toronto Stock Exchange and the New York Stock Exchange.

A copy of the supplement and the short-form base-shelf prospectus may be obtained in Canada from Scotia Capital Inc., attention: Equity Capital Markets (telephone number 416-862-5837), Scotia Plaza, 66th floor, 40 King St. West, M5W 2X6, Toronto, Ont.; or in the United States, attention: Equity Capital Markets (telephone number: 212-225-6853), 250 Vesey St., 24th floor, New York, N.Y., 10281.

We seek Safe Harbor.