Pretium Resources (TSX:PVG.NYSE:PVG) has closed its previously announced private placement for proceeds of roughly C$18,254,187.

As quoted in the press release:

Pretivm intends to use the proceeds from the Offering to fund capital expenditures at its Brucejack Project including the procurement of long-lead items and camp infrastructure.

Click here to read the Pretium Resources (TSX:PVG.NYSE:PVG) press release