0001199835-14-000371.txt : 20140728 0001199835-14-000371.hdr.sgml : 20140728 20140725175140 ACCESSION NUMBER: 0001199835-14-000371 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140725 FILED AS OF DATE: 20140728 DATE AS OF CHANGE: 20140725 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pretium Resources Inc. CENTRAL INDEX KEY: 0001508844 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35393 FILM NUMBER: 14995059 BUSINESS ADDRESS: STREET 1: 570 GRANVILLE STREET STREET 2: SUITE 1600 CITY: VANCOUVER STATE: A1 ZIP: V6C 3P1 BUSINESS PHONE: 604-558-1784 MAIL ADDRESS: STREET 1: 570 GRANVILLE STREET STREET 2: SUITE 1600 CITY: VANCOUVER STATE: A1 ZIP: V6C 3P1 6-K 1 pretium_6k-16088.htm PRETIUM RESOURCES, INC. 6-K pretium_6k-16088.htm

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
Form 6-K
 
REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
 
For the month of: July 2014
Commission File Number: 001-35393
 
PRETIUM RESOURCES INC.

(Name of registrant)
 
570 Granville Street, Suite 1600
Vancouver, British Columbia
Canada V6C 3P1
(Address of Principal Executive Offices)
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
 
Form 20-F £ Form 40-F R
 
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
 
 

 





 



 
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Exhibit Index
 
Exhibit
Number
Description of Exhibit
 
 




































 


 
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 

 
Date: July 25, 2014
PRETIUM RESOURCES INC.
 
 
 
 
By:
/s/ Joseph J. Ovsenek
 
   
Name:
Joseph J. Ovsenek
 
   
Title:
Executive Vice President, Chief Development Officer
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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EX-99.1 2 exhibit_99-1.htm MATERIAL CHANGE REPORT exhibit_99-1.htm

EXHIBIT 99.1
 
 
Form 51-102F3
Material Change Report
 
Item 1
Name and Address of Company
 
Pretium Resources Inc. (“Pretivm”)
Suite 1600, 570 Granville Street
Vancouver, BC
V6C 3P1
 
Item 2
Date of Material Change
 
July 22, 2014
 
Item 3
News Release
 
The news releases dated July 8, 18, 21 and 22, 2014 were disseminated through Marketwire and filed on SEDAR.
 
Item 4
Summary of Material Change
 
Pretivm announced the filing of a short form base shelf prospectus dated July 16, 2014, and a prospectus supplement to the short form base shelf prospectus on July 21, 2014 in connection with an offering of securities.
 
Pretivm announced that it is conducting a marketed offering of 8,280,000 common shares at a price of US$7.25 per common share.  Of the common shares, Pretivm is offering 6,831,000 common shares and Silver Standard Resources Inc. is offering 1,449,000 common shares under existing registration rights.
 
Item 5
Full Description of Material Change
 
 
5.1  Full Description of Material Change
 
Pretivm announced on July 8, 2014 that it had filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada, except Quebec (the “Securities Regulators”), and a corresponding shelf registration statement on Form F-10 with the U.S. Securities and Exchange Commission (the “SEC”) under the U.S. Securities Act of 1933, as amended, and the U.S./Canada Multijurisdictional Disclosure System.
 
On July 18, 2014, Pretivm announced that it had filed a final short form base shelf prospectus (the “Base Shelf Prospectus”) with the Securities Regulators, and a corresponding shelf registration statement on Form F-10 with the SEC under the U.S. Securities Act of 1933, as amended, and the U.S./Canada Multijurisdictional Disclosure System.  The Base Shelf Prospectus allows Pretivm to offer up to US$600,000,000 of common shares, debt securities, preferred shares, subscription receipts, units and warrants from time to time over a 25-month period after Canadian securities regulatory authorities have issued a receipt for the final short form base shelf prospectus.  Unless otherwise specified in the prospectus supplement relating to a particular offering of securities, the net proceeds from the sale of any securities pursuant to the Base Shelf Prospectus will be used for advancing Pretivm’s high-grade gold Brucejack Project, working capital requirements and for other general corporate purposes.
 
 
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On July 21, 2014, Pretivm announced that it had filed a preliminary prospectus supplement dated July 21, 2014 to its Base Shelf Prospectus dated July 16, 2014, in connection with a marketed offering of its common shares (the “Marketed Offering”). The Marketed Offering was to be conducted through a syndicate of underwriters led by Scotia Capital Inc., and was expected to raise total gross proceeds of approximately US$60 million (US$49.5 million for Pretivm and US$10.5 million for Silver Standard, as defined below).
 
Approximately 82.5% of the common shares in the Marketed Offering were offered by Pretivm and the remaining 17.5% of the common shares in the Marketed Offering were offered by Silver Standard Resources Inc. (“Silver Standard”), as selling shareholder, pursuant to its existing registration rights that permit Silver Standard to participate in offerings of securities by Pretivm in an amount equal to the total number of common shares being offered multiplied by Silver Standard’s current ownership percentage. Pretivm and Silver Standard also proportionately granted the underwriters an over-allotment option to purchase up to that number of additional common shares equal to 15% of the common shares sold pursuant to the Offering, such option being exercisable for a period of 30 days following closing.
 
On July 22, 2014, Pretivm announced that it had entered into an underwriting agreement with the syndicate of underwriters pursuant to which the underwriters agreed to purchase 8,280,000 common shares at a price of US$7.25 per common share (the “Offering Price”) for gross proceeds of US$49,524,750 for Pretivm and US$10,505,250 for Silver Standard.
 
Pretivm will offer 6,831,000 of the common shares in the Marketed Offering and the remaining 1,449,000 of the common shares in the Marketed Offering will be offered by Silver Standard.
 
Pretivm and Silver Standard have also proportionately granted the underwriters an over-allotment option to purchase up to an additional aggregate of 1,242,000 common shares at the Offering Price, exercisable for a period of 30 days following closing.
 
Scotia Capital Inc. is the lead underwriter in the syndicate that includes BMO Nesbitt Burns Inc., CIBC World Markets Inc., Cormark Securities Inc., GMP Securities L.P., RBC Dominion Securities Inc., Citigroup Global Markets Canada Inc., Cowen & Company, LLC, Roth Capital Partners LLC, H.C. Wainwright & Co. LLC and Salman Partners Inc.
 
The net proceeds to Pretivm of the Marketed Offering will be used to fund environmental and engineering activities at the Brucejack Project, to fund permitting of the Brucejack Project, to fund continued exploration activities at the Brucejack Project and for general corporate purposes. Pretivm will not receive any of the proceeds from the sale of common shares by Silver Standard.
 
Closing of the Marketed Offering is subject to a number of conditions, including approval of the Toronto Stock Exchange and the New York Stock Exchange.
 
 
 
 
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5.2 Disclosure for Restructuring Transactions
 
Not applicable.
 
Item 6
Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
 
Not applicable.
 
Item 7
Omitted Information
 
Not applicable.
 
Item 8
Executive Officer
 
Joseph Ovsenek, Chief Development Officer & Executive Vice President
Phone:  604-558-1784
 
Item 9
Date of Report
 
Dated at Vancouver, BC, this 25th day of July, 2014.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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