Pretivm Announces the Filing of its Management Information Circular in Connection with its Special Meeting to Approve Acquisition by Newcrest

VANCOUVER, British Columbia, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that it has mailed and filed a management information circular and related meeting materials (the “Meeting Materials”) for its special meeting (the “Special Meeting”) of shareholders and optionholders of Pretivm (“Securityholders”) to be held January 20, 2022, in connection with the proposed acquisition of Pretivm by Newcrest Mining Limited (ASX/TSX/PNGX: NCM) (“Newcrest”) announced on November 8, 2021 (the “Transaction”).

To proactively deal with the ongoing public impact of the COVID-19 pandemic, and to mitigate risks to the health and safety of our communities, Securityholders, employees, directors and other stakeholders, the Special Meeting will be held in a virtual-only format conducted by live audio webcast, using the Summit meeting platform, at https://meetnow.global/MAZZWNK on January 20, 2022 commencing at 2:00 p.m. (Vancouver time). Registered shareholders, optionholders and duly appointed proxyholders will have an equal opportunity to participate in the Special Meeting, regardless of their geographic location or the particular constraints, circumstances or health risks they may be facing. Securityholders should closely review the Meeting Materials to ensure that they are able to cast their vote at and participate in the Special Meeting.

On December 16, 2021, Pretivm obtained an interim order (the “Interim Order”) from the Supreme Court of British Columbia (the “Court”) authorizing the holding of the Special Meeting and matters relating to the conduct of the Special Meeting. At the Special Meeting, Securityholders will be asked to pass a special resolution (the “Arrangement Resolution”) to approve the proposed plan of arrangement (the “Plan of Arrangement”) involving Pretivm, Newcrest and Newcrest BC Mining Ltd. (“Acquireco”), a wholly-owned subsidiary of Newcrest which gives effect to the Transaction. The Transaction will be carried out pursuant to the terms of an arrangement agreement dated November 8, 2021, as amended on December 13, 2021, among Pretivm, Newcrest and Acquireco (the “Arrangement Agreement”) and the terms of the Plan of Arrangement.