North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pretium raises $130 million; Brucejack now fully funded


Last updated 3/6/2016 at Noon

Pretium Resources Inc. March 1 announced the closing of a marketed offering of 28,384,000 common shares at a price of US$4.58 per share for gross proceeds of US$129,998,720, which includes the exercise of the full amount of an over-allotment option of 2,174,000 common shares.

The net proceeds of the offering will be used to fund development of the Brucejack gold project in northwestern Britis...

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