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 [...]
Gold Reserve Inc. announced that, at the annual general meeting of shareholders held November 15th, 2023 , James H. Coleman, Rockne J. Timm, Yves M. Gagnon, Robert A. Cohen, James Michael Johnston, James Tunkey and David Knight were elected to the Board of Directors of Gold Reserve to hold office until the next annual meeting or until their [...]
Gold Reserve Inc. announces that on July 27, 2023 the U.S. District Court for the District of Delaware issued a decision on certain issues concerning the PDVH sale process, including determining the process by which creditors of the Bolivarian Republic of Venezuela and Petroleos de Venezuela, S.A. can be named "Additional Judgment Creditors" and [...]
Gold Reserve Inc. announces that on July 7, 2023 the United States Court of Appeals for the Third Circuit issued a judgment affirming the orders of the United States District Court for the District of Delaware issued on March 23, 2023 and March 31, 2023 . Rockne J. Timm, CEO stated, "The ruling by the Third Circuit is welcome but, at the same time [...]
Gold Reserve Inc. is pleased to announce that on May 1, 2023 the U.S. Office of Foreign Assets Control published guidance stating that it will not take enforcement action against individuals or entities participating in the previously announced sales process for the shares of PDV Holding, Inc. , the indirect parent company of CITGO Petroleum Corp [...]
Gold Reserve Inc. is pleased to announce that it was granted a conditional writ of attachment fieri facias from the U.S. District Court of Delaware regarding the shares of PDV Holding, Inc. , the indirect parent company of CITGO Petroleum Corp. This order furthers the decision of the Delaware Court in January 2023 that Gold Reserve's request for an [...]
Gold Reserve Inc. announced that, at the annual general meeting held earlier today, James H. Coleman, Rockne J. Timm, James P. Geyer, Yves M. Gagnon, Robert A. Cohen, James Michael Johnston, and James Tunkey were elected to the Board of Directors of Gold Reserve to hold office until the next annual meeting or until their successors are duly elected [...]