Gold Reserve Ltd. is pleased to announce that the Company has entered into a binding term sheet with Augusta Capital Corporation , a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining Inc., have granted Augusta an earn-in right in respect of 50% of Gold [...]
Gold Reserve Ltd. is pleased to announce that its board of directors has approved the previously announced potential spin-out of its new U.S.-domiciled company, American Heralds Mining Corp. . As described in the Company's prior news release, it is intended that American Heralds will hold Gold Reserve's mining interests in Venezuela and its Alaskan property. In an effort to transform Gold Reserve into an investment [...]
Gold Reserve announced the formation of American Heralds Mining, designed to advance Western Hemisphere resource development and support the US' priorities around secure, resilient critical mineral supply chains. The Company is evaluating a spin-out transaction under which all of Gold Reserve's mining interests in Venezuela and its Alaskan property, would be transferred to American Heralds, with the shares of American [...]
Gold Reserve is pleased to provide an update to its previous news release issued on March 16, 2026, regarding Venezuela's new mining law, which has now been formally enacted and published in Official Gazette of the Bolivarian Republic of Venezuela No. 7.020 Extraordinario of April 16, 2026. The Mining Law represents a modernization of Venezuela's mining regime and a significant step toward the opening of the sector for [...]
Gold Reserve 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 and [...]
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 [...]
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