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") is pleased to announce
that it has entered into a subscription agreement with Liberty Metals & Mining
Holdings, LLC ("LMM"), a subsidiary of Boston-based Liberty Mutual Insurance, to
issue to LMM by way of a private placement 1,069,518 common shares of Pretivm
(the "Purchased Shares") at a price per share of C$9.35 for gross proceeds of
approximately C$10 million (the "Offering"). The Offering is scheduled to close
on or about September 12, 2013, subject to the receipt of all necessary
regulatory approvals including the approval of the Toronto Stock Exchange.


Pretivm intends to use the proceeds of the Offering to advance the Brucejack
Project, including ongoing permitting and engineering activities.


LMM is not permitted to trade the Purchased Shares for a period of four months
plus one day from the closing of the Offering. The Purchased Shares described
herein 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 within 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.


Pretium Resources Inc.  (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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