Gold Reserve Ltd. announced that, at the annual general meeting of shareholders of the Company held December 12, 2024 , Robert A. Cohen, Paul Rivett, James Michael Johnston, Yves M. Gagnon, James P. Tunkey, David A. Knight and Jonathan Howes were elected to the board of directors of Gold Reserve to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed or their office [...]
Gold Reserve Ltd. announces that it received a letter dated November 14, 2024 from the Canada Revenue Agency advising that, subject to submissions by Gold Reserve, the CRA proposes to reassess the Company to include in its income certain amounts, including amounts in respect of the September 2014 arbitral award and/or the Company's settlement agreement with Bolivarian Republic of Venezuela. As previously disclosed, the [...]
Gold Reserve is pleased to announce the appointment of Paul Rivett as Chief Executive Officer of the Company, effective immediately. Mr. Rivett will continue to serve as a Director and as Executive Vice-Chairman of the board of directors of the Company. Robert Cohen, Chairman, said the following about the appointment of Mr. Rivett: "We are delighted to appoint Paul as CEO. He has decades of management and entrepreneurial [...]
Gold Reserve provides the following update on the sale and bidding process for the purchase of the common shares of PDV Holdings, the indirect parent company of CITGO Petroleum, managed by the Special Master appointed by the U.S. District Court for the District of Delaware. This update is qualified in its entirety by reference to such documentation which is available on the Public Access to Court Electronic Records system [...]
Gold Reserve Inc. is pleased to announce that, further to the Company's press release of September 16, 2024, the continuance of the Company from the Province of Alberta to Bermuda was completed on September 30, 2024. In connection with the Continuance, the Company's name has been changed from "Gold Reserve Inc." to "Gold Reserve Ltd.". The Continuance was effected through a plan of arrangement pursuant to Section 193 of [...]
Gold Reserve Inc. provides the following update on the sale and bidding process for the purchase of the common shares of PDV Holdings, Inc. , the indirect parent company of CITGO Petroleum Corp. , managed by the Special Master appointed by the U.S. District Court for the District of Delaware . This update is qualified in its entirety by reference to such documentation which is available on the Public Access to Court [...]
Gold Reserve Inc. provides the following update on the sales and bidding process for the purchase of the common shares of PDV Holdings, Inc. , the indirect parent company of CITGO Petroleum Corp., managed by the Special Master appointed by the U.S. District Court for the District of Delaware . As previously disclosed, the Company submitted on June 11, 2024, a credit bid for the common shares of PDVH pursuant to the Sales [...]
Gold Reserve Inc. is pleased to announce that at a special meeting of holders of Class A common shares of the Company held on September 16, 2024, the Shareholders approved a special resolution permitting the Company to effect the proposed continuance of the Company from the Province of Alberta to Bermuda . The special resolution was approved by 96.34% of the votes cast at the Meeting. The Continuance, if completed, will [...]
Gold Reserve Inc. has noted an error in its form of proxy provided to registered shareholders in connection with its upcoming special meeting of shareholders scheduled for September 16, 2024 . This error also extended through to the Voting Instruction Forms provided by intermediaries to non-registered shareholders. In accordance with the interim order of the Alberta Court of King's Bench granted on August 20, 2024 in [...]
Gold Reserve Inc. is pleased to announce the closing of its previously announced best efforts private placement of 8,780,488 Class A common shares of the Company at a price of US$4.10 per Common Share for gross proceeds of approximately US$36,000,000.00 with Cantor Fitzgerald Canada Corporation as sole agent and bookrunner. Following the Offering, there are a total of 112,799,914 Common Shares issued and outstanding. In [...]
Gold Reserve Inc. announces today that it has been advised that Cantor Fitzgerald Canada Corporation has been successful in its marketing efforts and has closed the book on the Company's previously announced private placement of Class A common shares , including pursuant to the over-allotment option, for anticipated gross proceeds of up to US$36,000,000 at a price per Common Share of US$4.10 , as previously announced in [...]
Gold Reserve Inc. announces it has entered into an engagement letter with Cantor Fitzgerald Canada Corporation , to undertake a private placement of Class A common shares of the Company for anticipated gross proceeds of up to US$30.0 million at a price per Common Share of US$4.10 . Net proceeds from the Offering are expected to be used for expenditures related to the Company's previously announced credit bid submitted for [...]
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