VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 20, 2012)
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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S.
NEWSWIRE SERVICES
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG)
("Pretivm") reminds holders of Pretivm common
share purchase warrants, exercisable at $12.50 per share,
(the "Warrants") that the Warrants will expire at
4pm (Vancouver time) on April 9, 2012. The Warrants have an
expiration date of April 7, 2012; however, since the date
occurs on a weekend, under the terms of the Warrants the
expiration date has been extended to the next business day,
April 9, 2012.
Each Warrant is exercisable to purchase one common share of
Pretivm owned by Silver Standard Resources Inc. (see news
release dated April 8, 2011). Pretivm will not receive any
of the proceeds from the exercise of the Warrants. Assuming
all of the 5,750,000 Warrants are exercised, Silver
Standard's share position will be reduced to 21.5% of
Pretivm's issued and outstanding shares.
The warrants have not been registered under the United
Stated Securities Act of 1933, as amended or state
securities laws. No warrant may be exercised by or on
behalf of a U.S. Person or person in the United States
unless an exemption from registration requirements is
available.
About Pretivm
Pretivm is creating value through gold at its
advanced-staged exploration projects Brucejack and
Snowfield, located in northern British Columbia. Pretivm is
advancing the high-grade, underground gold opportunity at
Brucejack, which hosts a significant undeveloped high-grade
gold resource.
(SEDAR filings; Pretium Resources Inc.)
Forward-Looking Statement
This Press Release contains "forward-looking
information" and "forward-looking
statements" within the meaning of applicable Canadian
and United States securities legislation. Forward-looking
information may include, but is not limited to, information
with respect to timing and completion of possible offerings
or secondary offerings under the Prospectus, our planned
exploration and development activities, the adequacy of the
Company's financial resources, the estimation of
mineral resources, realization of mineral resource
estimates, timing of development of the Company's
Brucejack Project, costs and timing of future exploration,
results of future exploration and drilling, production and
processing estimates, capital and operating cost estimates,
timelines and similar statements relating to the economic
viability of the Brucejack Project, timing and receipt of
approvals, consents and permits under applicable
legislation, the Company's executive compensation
approach and practice, and adequacy of financial resources.
Wherever possible, words such as "plans",
"expects", "projects",
"assumes", "budget",
"strategy", "scheduled",
"estimates", "forecasts",
"anticipates", "believes",
"intends" and similar expressions or statements
that certain actions, events or results "may",
"could", "would", "might" or
"will" be taken, occur or be achieved, or the
negative forms of any of these terms and similar
expressions, have been used to identify forward-looking
statements and information. Statements concerning mineral
resource estimates may also be deemed to constitute
forward-looking information to the extent that they involve
estimates of the mineralization that will be encountered if
the property is developed. Any statements that express or
involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance are not
statements of historical fact and may be forward-looking
information. Forward-looking information is subject to a
variety of known and unknown risks, uncertainties and other
factors that could cause actual events or results to differ
from those expressed or implied by the forward-looking
information, including, without limitation, those risks
identified in Pretivm's Prospectus dated March 19, 2012
filed on SEDAR at www.sedar.com and in the United
States through EDGAR at the SEC's website at www.sec.gov. Forward-looking
information is based on the expectations and opinions of
Pretivm's management on the date the statements are
made. The assumptions used in the preparation of such
statements, although considered reasonable at the time of
preparation, may prove to be imprecise. We do not assume
any obligation to update forward-looking information,
whether as a result of new information, future events or
otherwise, other than as required by applicable law. For
the reasons set forth above, prospective investors should
not place undue reliance on forward-looking information.
Neither the TSX nor the NYSE has approved or disapproved of
the information contained herein.
FOR FURTHER INFORMATION PLEASE CONTACT:
Pretium Resources Inc.
Robert Quartermain
President and Chief Executive Officer
(604) 558-1784
Pretium Resources Inc.
Michelle Romero
Corporate Relations Director
(604) 558-1784
invest@pretivm.com
www.pretivm.com
Source: Pretium Resources Inc.
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