Gold Reserve Ltd. welcomes the initial approval of Venezuela's proposed new mining law , by the National Assembly. The Draft Mining Law must undergo a second discussion before it can be enacted and published in the Official Gazette, but approval in first discussion represents an important step in the legislative process. The Draft Mining Law is intended to modernize Venezuela's mining regime and encourage both national [...]
Gold Reserve Ltd. announced that it has settled certain contingent obligations with participants of its 2012 bonus plan and holders of contingent value rights issued in 2012. In February 2026, the Company offered all Bonus Plan participants and CVR holders the opportunity to settle all or a portion of their respective entitlements in exchange for a cash payment . The Settlement Offers remained open for acceptance until [...]
Gold Reserve Ltd. today noted the issuance by the U.S. Department of the Treasury's Office of Foreign Assets Control of General License 51 , which authorizes certain transactions involving Venezuelan-origin gold under specified conditions. GL 51 authorizes transactions that are ordinarily incident and necessary to the exportation, sale, supply, storage, purchase, delivery, or transportation of Venezuelan-origin gold for [...]
Gold Reserve Ltd. announces that yesterday Secretary Burgum, U.S. Department of the Interior, and David Copley, Special Assistant to the President and Senior Director for Global Supply Chain, National Security Council, the White House, led a U.S. mining delegation in Venezuela, which included representatives of Gold Reserve. This delegation also met with President Rodríguez and members of her administration for an open [...]
Gold Reserve Ltd. announces that the Company has filed its Reply Brief with the U.S. Court of Appeals for the Third Circuit in connection with the proposed judicial sale of PDVH Shares to Elliott/Amber Energy. Gold Reserve's Reply Brief asserts that the Delaware court was not permitted to approve Elliott/Amber Energy's $5.9 billion bid as it did not satisfy the overbid-minimum requirement embodied in the court-ordered [...]
Gold Reserve Ltd. is pleased to announce the successful closing of its US$75 million private placement financing with a group of primarily strategic investors. The Company issued a total of 24,999,999 common shares at a price of US$3.00 per share. The Financing includes participation from several highly experienced, strategic investors that we expect will be a valuable resource to Gold Reserve as it works to return to [...]
Gold Reserve Ltd. announces it has revised the terms of its engagement letter with Cantor Fitzgerald Canada Corporation , increasing the size of the previously announced private placement of common shares of the Company to gross proceeds of up to approximately US$75 million at a price per Common Share of US$3.00 . The number of Common Shares to be sold will be determined in the context of the market in conjunction with [...]
Gold Reserve Ltd. announces it has entered into an engagement letter with Cantor Fitzgerald Canada Corporation , to undertake a private placement of common shares of the Company for anticipated gross proceeds of up to approximately US$50.3 million at a price per Common Share of US$3.00 . Net proceeds from the Offering are expected to be used to scale the Company's operational mining expertise, and for working capital and [...]
Gold Reserve Ltd. announced that is has filed an Opposition to Defendant Rusoro Mining Ltd.'s Motion to Dismiss in its proceedings in the Court of Chancery of the State of Delaware. In its Verified Complaint filed on November 7, 2025, Gold Reserve alleged that Rusoro knowingly and intentionally breached its contractual obligations owed to Gold Reserve under the parties' consortium agreement, which dictated how the parties [...]
Gold Reserve Ltd. announces that yesterday the Company filed its opening appeal brief with the U.S. Court of Appeals for the Third Circuit in connection with the proposed judicial sale of PDVH Shares to Elliott/Amber Energy. The Company's appeal asserts, among other things, that the District Court's order approving the sale of the PDVH Shares to Elliott/Amber Energy violated the Delaware law requirement that the attached [...]
Gold Reserve Ltd. announces that it has granted a total of 1,525,000 stock options to directors, officers, employees and certain key consultants of the Company. The Options are exercisable for a period of five years at an exercise price of US$3.64 per share. The Options were issued pursuant to the Company's 2012 Equity Incentive Plan, as amended, and in accordance with the requirements of the TSX Venture Exchange and the [...]
Gold Reserve Ltd. , a majority US-owned company, applauds the recent actions in Venezuela by President Trump, his administration and the Joint Armed Forces of the United States to bring Nicholas Maduro to justice. The Maduro regime has perpetrated horrific crimes against the people of Venezuela, including one of our colleagues, Jose Ignacio Moreno Suarez, who is a political prisoner, currently falsely imprisoned, without [...]
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