Dec 4 (Reuters) - Pretium Resources Inc PVG.TO :
* PRESS RELEASE - PRETIVM TO DIVEST SNOWFIELD PROPERTY TO SEABRIDGE GOLD FOR CASH CONSIDERATION OF US$100 MILLION, A 1.5% ROYALTY AND CONTINGENT CONSIDERATION
* PRETIUM RESOURCES INC - TRANSACTION WILL RESULT IN A NON-CASH IMPAIRMENT LOSS TO BE RECORDED IN Q4 OF 2020
* PRETIUM RESOURCES INC - CASH PROCEEDS OF TRANSACTION WILL BE APPLIED TO REVOLVING PORTION OF PRETIVM'S CREDIT FACILITY
* PRETIUM RESOURCES - TRANSACTION IS SUBJECT TO COMPLETION OF A FINANCING BY SEABRIDGE AND CUSTOMARY CLOSING CONDITIONS
* PRETIUM RESOURCES INC - DEAL WILL RESULT IN A NON-CASH IMPAIRMENT LOSS TO BE RECORDED IN Q4 OF 2020