September 6, 2018 / 5:16 PM / 2 months ago

BUZZ-Pretium Resources Inc: Falls on shortseller Viceroy's note

** Canadian miner’s shares down ~7.5 pct at C$9.41 after shortseller Viceroy Research publishes note

** Viceroy believes PVG's assets will most likely be seized by secured creditors as co is "overindebted" and its mining results are "distorted" [bit.ly/2Qf6Fpw ]

** Says co oversold the quality of its Brucejack gold mine in Northwest British Columbia, Canada, and said investment manager Serofim Muroff had “knowingly assisted Pretium” in this regard

** Muroff had been charged here by the U.S. SEC for securities fraud in a separate case

** Co’s U.S. listed shares down 8.5 pct at $7.05

** More than 1.4 mln U.S.-listed shares traded, 2.5 times their 30-day moving avg

** Including today’s losses, PVG.N stock has fallen 36 pct while PVG.TO has fallen ~31 pct YTD (Reporting by Shanti S Nair in Bengaluru)

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