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Pretium Resources Inc: Pretivm Achieves Above Mid-Point of 2020 Production Guidance; Significantly Reduces Debt with a Discretionary Payment of $160M; and Provides 2021 Production, Cost and Free Cash Flow Outlook

Pretium Resources Inc: Pretivm Achieves Above Mid-Point of 2020 Production Guidance; Significantly Reduces Debt with a Discretionary Payment of $160M; and Provides 2021 Production, Cost and Free Cash Flow Outlook
Gold production - Q4: 88,299 ounces; 2020: 347,743 ounces
Discretionary debt payment of $160.0 million made prior to the end of Q4
End of year cash balance: $174.8 million
All amounts are in US dollars unless otherwise noted.
VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) Pretium Resources Inc. (TSX/NYSE:PVG) ( Pretivm or the Company ) announces fourth quarter and full year 2020 production results and a $160 million discretionary payment against its credit facility. Pretivm also provides production and financial guidance for 2021. ....

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Namibia Critical Metals Inc.: Namibia Critical Metals Draws Down $100,000 of Previously Announced $5 Million Discretionary Financing

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HALIFAX, NS / ACCESSWIRE / January 8, 2021 / Namibia Critical Metals Inc. ( Namibia Critical Metals or the Company ) (TSXV:NMI) today announced that it has completed a second draw-down of $100,000 pursuant to a draw-down equity financing facility ( Investment Agreement or Alumina facility ) with Alumina Partners (Ontario) Ltd. ( Alumina ), an affiliate of New York-based private equity firm Alumina Partners, LLC. entered into on August 24, 2020.
The Alumina facility is structured to provide Namibia Critical Metals with timely access to private placement financing as and when required. Under the terms of the Investment Agreement, the Company has the right to draw down on the CD$5,000,000 facility through equity private placement tranches of up to CD$250,000 each. Each tranche will be a placement of units (each a Unit ), with each Unit comprising one common share (a Share ) and one-half of one common share purchase warrant (each whole common share purchase warrant ref ....

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