LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of Pretium Resources, Inc. (“Pretium” or the “Company”) (NYSE:PVG) concerning possible violations of federal securities laws. The investigation is related to certain statements issued by the Company concerning Pretium’s business, operations and financial prospects.
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Pretium engages in the acquisition, exploration and development of precious metal resource properties in the Americas. On October 22, 2013, Pretium announced the withdrawal of Strathcona Mineral Services Ltd. from the Valley of the Kings Bulk Sample Program – part of an advanced stage gold exploration project in northwestern British Columbia – before any results from the processing of the bulk sample were available. According to the Company, in withdrawing from the program Strathcona advised Pretium that “there are no valid gold mineral resources for the VOK Zone, and without mineral resources there can be no mineral reserves, and without mineral reserves there can be no basis for a Feasibility Study.” Strathcona also advised Pretium that statements included in all recent press releases by Pretium about probable mineral reserves and future gold production from the Valley of the Kings zone over a 22-year mine life are “erroneous and misleading.”
If you purchased Pretium shares, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to email@example.com, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
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