Pretivm Announces New Director
May 16 2014 - 5:00AM
Marketwired
Pretivm Announces New Director
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2014) -
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased
to announce that Mr. Peter Birkey was elected to the Board of
Directors at its Annual General Meeting held on May 14, 2014.
Peter Birkey is an
Investment Executive who has over twenty years of experience
investing in the financial markets and advising both public and
private companies. Mr. Birkey was an Executive Vice President for
Liberty Mutual Asset Management responsible for all Strategy,
Public Markets, Risk Management, Real Estate and Special
Situations. Prior to this, he was a Senior Vice President for
AmerUs Capital Management (now Aviva USA) and a Portfolio Manager
for AEGON USA. Mr. Birkey earned an MBA in Finance and Marketing
with the highest honors from the University of Chicago. He is also
a Chartered Financial Analyst and holds a Bachelors degree in
Economics and Business Administration from Coe College.
"We welcome Peter,
who brings depth with his financial experience to Pretivm's Board
as we advance our Brucejack Project to production," said President
and CEO Robert Quartermain.
Mr. Birkey, who was
nominated by Liberty Metals & Mining Holding, LLC under the
terms of its existing shareholder rights agreement, will serve on
the Board's Audit committee.
About Pretivm
Pretivm is creating
value through gold at its high-grade gold Brucejack Project,
located in northern British Columbia. Permitting of a high-grade
underground gold mine at Brucejack is underway, with commercial
production targeted to commence in 2016.
Forward-Looking Statements
This News 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 our planned exploration and development activities, the
adequacy of Pretivm's financial resources, the estimation of
mineral reserves and resources including the 2013 Valley of the
Kings Mineral Resource estimate, realization of mineral reserve and
resource estimates and timing of development of Pretivm'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, Pretivm'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", "targets" 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 reserve
and 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 Annual Information Form dated
March 31, 2014 filed on SEDAR at www.sedar.com and in the United
States on Form 40-F 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.
Pretium Resources Inc.Robert QuartermainPresident and Chief
Executive Officer(604) 558-1784Pretium Resources Inc.Michelle
RomeroVice President, Corporate Relations(604)
558-1784invest@pretivm.comwww.pretivm.com
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