Gold Reserve Inc. is pleased to announce the closing of its previously announced best efforts private placement of 4,285,715 Class A common shares of the Company at a price of US$3.50 per Common Share for gross proceeds of approximately US$15,000,000.00 with Cantor Fitzgerald Canada Corporation as sole agent and bookrunner. Following the Offering [...]
Gold Reserve Inc. announced today that it has engaged advisors to arrange for potential debt and equity financing in connection with the Company's previously announced Potential Bid. There is no assurance that any such financing will occur. As previously disclosed in its May 27 press release, the Company is evaluating and considering engaging in a [...]
Gold Reserve Inc. announced 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 best efforts private placement of Class A common shares , including pursuant to the over-allotment option, for anticipated gross proceeds of [...]
Gold Reserve Inc. announced today that it has entered into an agreement with a lead agent and bookrunner to undertake a best efforts private placement of Class A common shares of the Company for anticipated gross proceeds of up to US$10 million at a price per Common Share of US$3.50 . The Share Offering is expected to be completed on a best efforts [...]
Gold Reserve Inc. announced today that it has entered into an agreement with Cantor Fitzgerald Canada Corporation to undertake a best efforts private placement of Class A common shares of the Company for anticipated gross proceeds of up to US$10 million at a price per Common Share of US$3.50. The Share Offering is expected to be completed on a best [...]
Gold Reserve Inc. today announces the appointment of Paul Rivett as a director and as the Executive Vice-Chairman of the Board of Directors, effective immediately. Board Chair Robert Cohen said the following about the appointment of Mr. Rivett: "At this important time in Gold Reserve's continuing effort to enhance shareholder value, we are [...]
Gold Reserve Inc. announces the grant of 140,000 stock options to employees including 100,000 to David Onzay, Chief Financial Officer. These stock options, which were granted on February 9, 2024, are exercisable at US $3.18, have a 10-year term and have been issued pursuant to the Company's 2012 Equity Incentive Plan . Further information [...]
Gold Reserve Inc. is pleased to announce that in separate decisions: the U.S. Supreme Court has denied the request by the Bolivarian Republic of Venezuela and Petroleos de Venezuela, S.A. for permission to appeal the order issued on July 7, 2023 by the U.S. Court of Appeals for the Third Circuit that affirmed the decision of the U.S. District Court [...]
Further to its press release of November 27, 2023 announcing the retirement of Rockne J. Timm as Chief Executive Officer of Gold Reserve Inc. effective February 13, 2024, the Company is pleased to announce further changes that will become effective upon Mr. Timm's retirement. James H. Coleman, currently Executive Chairman of Gold Reserve, will [...]
Gold Reserve Inc. announces the grant of 145,000 stock options to David Knight, a director of the Company. These stock options, which were granted on December 14, 2023, are exercisable at US $2.52, have a 10-year term and have been issued pursuant to the Company's 2012 Equity Incentive Plan, as amended. Further information regarding the Company can [...]
Gold Reserve Inc. announces that Rockne J. Timm, Chief Executive Officer and a Director of the Company, will retire after more than 35 years of leadership. Mr. Timm's retirement as Chief Executive Officer will be effective as of February 13, 2024, at which time he will also resign from any officer positions held by him in the Company's subsidiaries [...]
Gold Reserve Inc. announces today that the Company has been advised by the Internal Revenue Service that it will issue Notices of Proposed Adjustment proposing to disallow the worthless stock deductions taken by the Company's U.S. subsidiary for the 2017 tax year and tax income on or related to the arbitration award that may be received by the [...]
