PVG Pretium Resources Inc

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES

Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is
pleased to announce that it has entered into a bought deal agreement with a
syndicate of underwriters led by Cormark Securities Inc. (the "Underwriters"),
to issue by way of private placement 1,500,000 flow-through common shares
("Flow-Through Shares") of Pretivm at a price of $10.10 per share for aggregate
gross proceeds of approximately $15.0 million (the "Offering"). The Offering is
scheduled to close on or about September 6, 2013, and is conditional upon
receipt of all necessary regulatory approvals, including the approval of the
Toronto Stock Exchange. 


The proceeds of the Offering will be used to advance exploration activities
related to the newly-discovered Cleopatra Vein and other high-grade structures
encountered in the Brucejack Project's Valley of the Kings. 


The Underwriters have been granted an option to purchase, or arrange for
substituted purchasers for, up to an additional 225,000 Flow-Through Shares at
the issue price at any point up until 48 hours prior to closing of the Offering.


The gross proceeds of the Offering will be used during the 2013 exploration
program to incur eligible Canadian Exploration Expenses ("CEE") that will
qualify as "flow through mining expenditures", as defined in subsection 127(9)
of the Income Tax Act (Canada), and "BC flow-through mining expenditures", as
defined in the Income Tax Act (British Columbia), (the "Qualifying
Expenditures"), which will be renounced to the subscribers with an effective
date no later than December 31, 2014. In the event the Company is unable to
renounce Qualifying Expenditures effective on or prior to December 31, 2014 to
the initial purchasers of Flow-Through Shares in an aggregate amount not less
than the gross proceeds raised from the issue of the Flow-Through Shares or such
expenditures are reduced by the Canada Revenue Agency, the Company will
indemnify each Flow-Through Share subscriber for the additional taxes payable by
such subscriber as a result of the Company's failure to renounce the Qualifying
Expenditures as agreed. 


The Flow-Through Shares will be offered to accredited investors in all Provinces
of Canada pursuant to applicable securities laws. Subscribers under the Offering
will not be permitted to trade the Flow-Through Shares for a period of four
months plus one day from the closing of the offering. The Flow-Through Shares
offered have not been and will not be registered under the United States
Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption from the registration
requirements of such Act.


About Pretivm 

Pretivm is creating value through gold at its high-grade gold Brucejack Project,
located in northern British Columbia. Brucejack hosts a major undeveloped
high-grade gold resource, with Probable Mineral Reserves in the Valley of the
Kings totalling 6.6 million ounces of gold (15.1 million tonnes grading 13.6
grams of gold per tonne). Brucejack is being advanced as a high-grade
underground mine with an average of 425,700 ounces of gold produced annually for
the first 10 years and an average of 321,500 ounces of gold produced annually
over the Project's 22-year mine life. Commercial production is targeted to
commence in 2016. 


(SEDAR filings: Pretium Resources Inc.)

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, risks related to satisfying conditions of the Offering, our planned
exploration and development activities, the adequacy of Pretivm's financial
resources, the estimation of mineral reserves and resources, realization of
mineral reserve and resource estimates, 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" 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 prospectus supplement to the short form base shelf
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. 


The TSX has neither approved nor 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
Vice President, Corporate Relations
(604) 558-1784


Pretium Resources Inc.
570 Granville Street, Suite 1600
Vancouver, BC V6C 3P1
invest@pretivm.com
www.pretivm.com

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