Gold Reserve Inc (GDRZF) 3.7300 $GDRZF
U.S. District Court Enters Default Against Venezuela in Proceedings to Confirm $740 Million Award Instituted by Gold Reserve
Business Wire - Mon Mar 30, 3:09PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report on developments in the proceedings instituted in the U.S. District Court for the District of Columbia to confirm the US $740 million arbitral award dated September 22, 2014 (the "Award", rendered against the Bolivarian Republic of Venezuela ("Venezuela". On March 27, 2015, the Court entered a default against Venezuela following its failure to file an appearance within the prescribed deadlines in the proceedings instituted by the Company.
GRZ.VN: 4.600 (-0.190)
Gold Reserve Appoints Kenneth I. Juster to Board of Directors
Business Wire - Tue Mar 17, 11:32AM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" today announced that the Board of Directors has appointed Kenneth I. Juster as a director of the Company.
GRZ.VN: 4.600 (-0.190)
Gold Reserve Inc.: Potentially 80% Upside
Andrew Williams - at Seeking Alpha - Fri Mar 06, 3:40AM CST
Paris Court of Appeal Rules to Recognize Gold Reserve's ICSID Award as a Judgment of the Court
Business Wire - Thu Jan 29, 2:15PM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" is pleased to report that following the January 8, 2015, hearing held before the Paris Court of Appeal, the Court today has granted the Company's request for the exequatur, or recognition, of the Company's ICSID Award as a judgment of the Court. The Court dismissed the Republic of Venezuela's request to stay the execution of the Award pending the outcome of its application to annul (or set aside) the Award, holding that none of the grounds alleged by the Republic of Venezuela, including the lack of jurisdiction of the arbitral tribunal, the violation of international public order, or alleged errors in the calculation of the damages awarded, constituted a sufficient ground to stay the execution of the Award.
GRZ.VN: 4.600 (-0.190)
Gold Reserve Provides Update Relating to Paris Court of Appeal Hearing
Business Wire - Thu Jan 08, 6:27PM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" is pleased to report that a hearing was held today at the Paris Court of Appeal regarding the Company's request for the exequatur, or recognition of the Company's ICSID Award as a judgment of the Court. The Court is expected to issue its judgment on January 29, 2015. Should exequatur be granted, the Court is expected to also rule on the Republic of Venezuela's request to stay the execution of the Award pending the outcome of its application to annul or "set aside" the Award.
GRZ.VN: 4.600 (-0.190)
Chris DeMuth, Jr. Positions For 2015: Banking M&A, Milestone Payments, Litigation Results
Chris DeMuth Jr. - Seeking Alpha - Mon Dec 22, 3:23PM CST
Welcome to the first installment of Seeking Alpha's annual Positioning for 2015 series. This year we have once again pulled together a wide array of investors to weigh in on their plans for the year ahead. This year we are starting with Chris DeMuth...
TLM: 7.88 (-0.01), RVP: 3.82 (+0.01)
ICSID Tribunal Confirms Gold Reserve's $744 Million Award against Venezuela
Business Wire - Tue Dec 16, 11:37AM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" reports that, on December 15, 2014, the Tribunal in the International Centre for Settlement of Investment Disputes ("ICSID" arbitration (Gold Reserve Inc. v. Bolivarian Republic of Venezuela, ICSID Case No. ARB(AF)/09/1) denied both parties' requests for correction of the Award and reaffirmed its $713 million award (plus legal costs and interest) rendered in favor of Gold Reserve on September 22, 2014 (the "Award". With interest, the Company estimates that Venezuela now owes the Company approximately $744 million, which is increasing at a rate in excess of $1.5 million per month.
GRZ.VN: 4.600 (-0.190)
Update: Gold Reserve Is Pursuing Its Settlement Payout On All Fronts
The Investment Doctor - at Seeking Alpha - Wed Dec 03, 11:47AM CST
Gold Reserve Seeks Enforcement of its US$ 713 Million Award and Costs Against Venezuela in the US District Court for the District of Columbia
Business Wire - Mon Dec 01, 1:48PM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company", reports that on November 26, 2014 it filed, in the US District Court for the District of Columbia ("DDC", a petition to confirm the US$ 713 million Award (the "Award" plus costs dated September 22, 2014 in the arbitration before the World Bank's International Centre for Settlement of Investment Disputes ("ICSID" against the Republic of Venezuela relating to the Brisas Project.
GRZ.VN: 4.600 (-0.190)
Update: Gold Reserve Can Smell The Money
The Investment Doctor - at Seeking Alpha - Sat Nov 08, 2:57AM CST
Gold Reserve Inc. Updates Shareholders on ICSID Award
Business Wire - Thu Nov 06, 2:49PM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" reports a number of developments since the issuance of the final Award on September 22, 2014, in the arbitration before the World Bank's International Centre for Settlement of Investment Disputes ("ICSID" against the Republic of Venezuela relating to the Brisas Project.
GRZ.VN: 4.600 (-0.190)
Gold Reserve Awarded $740.3 Million by ICSID for the Expropriation of the Brisas Project by Venezuela
Business Wire - Mon Sep 22, 6:48PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) is pleased to announce that the three-member Tribunal at the World Bank's International Center for the Settlement of Investment Disputes ("ICSID" has awarded the Company $740.3 million in accordance with the provisions of the Canada-Venezuela Bilateral Investment Treaty ("BIT".
GRZ.VN: 4.600 (-0.190)
Gold Reserve Inc. to Continue into Alberta
Business Wire - Tue Sep 09, 12:02PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" is pleased to report that its shareholders overwhelmingly approved the continuance of the Company from the Yukon Territory to the Province of Alberta, Canada at the special meeting held for that purpose on September 5, 2014. The Company intends to complete all necessary filings to complete the continuance of the Company under the Alberta Business Corporations Act as soon as practicable.
GRZ.VN: 4.600 (-0.190)
Gold Reserve Discontinues Option on Soltoro's La Tortuga Project
Marketwire - Wed Aug 06, 8:05AM CDT
Soltoro Ltd. (TSX VENTURE: SOL) has been advised by Gold Reserve Inc. (TSX VENTURE: GRZ)(OTCQB: GDRZF) that it will not continue with its option to earn-in to Soltoro's La Tortuga project. Gold Reserve cited poor market conditions and a need to preserve capital as the main reasons for terminating the option. Gold Reserve was awaiting a drill permit in order to carry out a preliminary drill program.
SOL.VN: 0.295 (+0.085), GRZ.VN: 4.600 (-0.190)
Gold Reserve Inc. Announces Grant of Stock Options
Business Wire - Mon Jul 28, 1:39PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" announced today the granting of 25,000 stock options to each of the five independent directors and 185,000 stock options in total to certain management employees. The grant does not include the Chief Executive Officer or the President. The options are exercisable at US $4.02, have a grant date of July 25, 2014, with a 10-year term, and have been issued under the Company's existing 2012 Equity Incentive Plan.
GRZ.VN: 4.600 (-0.190)
Gold Reserve Announces Proceedings in ICSID Arbitration Case with Venezuela Closed by Tribunal
Business Wire - Wed Jul 23, 4:15PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" is pleased to announce that the arbitral tribunal in the International Centre for Settlement of Investment Disputes (ICSID) case (Gold Reserve Inc. v. The Bolivarian Republic of Venezuela - Case No. ARB (AF)/09/1) has declared the proceedings closed in accordance with Article 44 of the Arbitration (Additional Facility) Rules.
GRZ.VN: 4.600 (-0.190)
Gold Reserve Issues US $12 Million of New Convertible Notes and Modifies Terms of US $25.3 Million of Existing Convertible Notes
Business Wire - Thu Jun 19, 3:58PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (" the "Company" announces the closing of the previously announced financing of US $12 million of new convertible notes and the extension and modification of substantially all of the US$ 25.3 million outstanding principal amount of previously modified notes (collectively "the Notes".
GRZ.VN: 4.600 (-0.190)
Soltoro Receives $150,000 Option Payment from Gold Reserve
Marketwire - Thu Jun 12, 10:26AM CDT
Soltoro Ltd. (TSX VENTURE: SOL) has received the second anniversary payment of US $150,000 from Gold Reserve Inc. (TSX VENTURE: GRZ)(OTCQB: GDRZF) who hold the right to earn an undivided 51% interest in Soltoro's 100% owned La Tortuga property located in Jalisco State, Mexico. Soltoro granted a 45 day extension to Gold Reserve to make the payment which was originally due on April 26, 2014.
SOL.VN: 0.295 (+0.085), GRZ.VN: 4.600 (-0.190)
U.S. District Court Enters Default Against Venezuela in Proceedings to Confirm $740 Million Award Instituted by Gold Reserve
Business Wire - Mon Mar 30, 3:09PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report on developments in the proceedings instituted in the U.S. District Court for the District of Columbia to confirm the US $740 million arbitral award dated September 22, 2014 (the "Award", rendered against the Bolivarian Republic of Venezuela ("Venezuela". On March 27, 2015, the Court entered a default against Venezuela following its failure to file an appearance within the prescribed deadlines in the proceedings instituted by the Company. GRZ.VN: 4.600 (-0.190)
Gold Reserve Appoints Kenneth I. Juster to Board of Directors
Business Wire - Tue Mar 17, 11:32AM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
today announced that the Board of Directors has appointed Kenneth I. Juster as a director of the Company. GRZ.VN: 4.600 (-0.190)
Gold Reserve Inc.: Potentially 80% Upside
Andrew Williams - at Seeking Alpha - Fri Mar 06, 3:40AM CST
Paris Court of Appeal Rules to Recognize Gold Reserve's ICSID Award as a Judgment of the Court
Business Wire - Thu Jan 29, 2:15PM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report that following the January 8, 2015, hearing held before the Paris Court of Appeal, the Court today has granted the Company's request for the exequatur, or recognition, of the Company's ICSID Award as a judgment of the Court. The Court dismissed the Republic of Venezuela's request to stay the execution of the Award pending the outcome of its application to annul (or set aside) the Award, holding that none of the grounds alleged by the Republic of Venezuela, including the lack of jurisdiction of the arbitral tribunal, the violation of international public order, or alleged errors in the calculation of the damages awarded, constituted a sufficient ground to stay the execution of the Award. GRZ.VN: 4.600 (-0.190)
Gold Reserve Provides Update Relating to Paris Court of Appeal Hearing
Business Wire - Thu Jan 08, 6:27PM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report that a hearing was held today at the Paris Court of Appeal regarding the Company's request for the exequatur, or recognition of the Company's ICSID Award as a judgment of the Court. The Court is expected to issue its judgment on January 29, 2015. Should exequatur be granted, the Court is expected to also rule on the Republic of Venezuela's request to stay the execution of the Award pending the outcome of its application to annul or "set aside" the Award. GRZ.VN: 4.600 (-0.190)
Chris DeMuth, Jr. Positions For 2015: Banking M&A, Milestone Payments, Litigation Results
Chris DeMuth Jr. - Seeking Alpha - Mon Dec 22, 3:23PM CST
Welcome to the first installment of Seeking Alpha's annual Positioning for 2015 series. This year we have once again pulled together a wide array of investors to weigh in on their plans for the year ahead. This year we are starting with Chris DeMuth...
TLM: 7.88 (-0.01), RVP: 3.82 (+0.01)
ICSID Tribunal Confirms Gold Reserve's $744 Million Award against Venezuela
Business Wire - Tue Dec 16, 11:37AM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
reports that, on December 15, 2014, the Tribunal in the International Centre for Settlement of Investment Disputes ("ICSID" arbitration (Gold Reserve Inc. v. Bolivarian Republic of Venezuela, ICSID Case No. ARB(AF)/09/1) denied both parties' requests for correction of the Award and reaffirmed its $713 million award (plus legal costs and interest) rendered in favor of Gold Reserve on September 22, 2014 (the "Award". With interest, the Company estimates that Venezuela now owes the Company approximately $744 million, which is increasing at a rate in excess of $1.5 million per month. GRZ.VN: 4.600 (-0.190)
Update: Gold Reserve Is Pursuing Its Settlement Payout On All Fronts
The Investment Doctor - at Seeking Alpha - Wed Dec 03, 11:47AM CST
Gold Reserve Seeks Enforcement of its US$ 713 Million Award and Costs Against Venezuela in the US District Court for the District of Columbia
Business Wire - Mon Dec 01, 1:48PM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
, reports that on November 26, 2014 it filed, in the US District Court for the District of Columbia ("DDC", a petition to confirm the US$ 713 million Award (the "Award" plus costs dated September 22, 2014 in the arbitration before the World Bank's International Centre for Settlement of Investment Disputes ("ICSID" against the Republic of Venezuela relating to the Brisas Project. GRZ.VN: 4.600 (-0.190)
Update: Gold Reserve Can Smell The Money
The Investment Doctor - at Seeking Alpha - Sat Nov 08, 2:57AM CST
Gold Reserve Inc. Updates Shareholders on ICSID Award
Business Wire - Thu Nov 06, 2:49PM CST
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
reports a number of developments since the issuance of the final Award on September 22, 2014, in the arbitration before the World Bank's International Centre for Settlement of Investment Disputes ("ICSID" against the Republic of Venezuela relating to the Brisas Project. GRZ.VN: 4.600 (-0.190)
Gold Reserve Awarded $740.3 Million by ICSID for the Expropriation of the Brisas Project by Venezuela
Business Wire - Mon Sep 22, 6:48PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) is pleased to announce that the three-member Tribunal at the World Bank's International Center for the Settlement of Investment Disputes ("ICSID"
has awarded the Company $740.3 million in accordance with the provisions of the Canada-Venezuela Bilateral Investment Treaty ("BIT". GRZ.VN: 4.600 (-0.190)
Gold Reserve Inc. to Continue into Alberta
Business Wire - Tue Sep 09, 12:02PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report that its shareholders overwhelmingly approved the continuance of the Company from the Yukon Territory to the Province of Alberta, Canada at the special meeting held for that purpose on September 5, 2014. The Company intends to complete all necessary filings to complete the continuance of the Company under the Alberta Business Corporations Act as soon as practicable. GRZ.VN: 4.600 (-0.190)
Gold Reserve Discontinues Option on Soltoro's La Tortuga Project
Marketwire - Wed Aug 06, 8:05AM CDT
Soltoro Ltd. (TSX VENTURE: SOL) has been advised by Gold Reserve Inc. (TSX VENTURE: GRZ)(OTCQB: GDRZF) that it will not continue with its option to earn-in to Soltoro's La Tortuga project. Gold Reserve cited poor market conditions and a need to preserve capital as the main reasons for terminating the option. Gold Reserve was awaiting a drill permit in order to carry out a preliminary drill program.
SOL.VN: 0.295 (+0.085), GRZ.VN: 4.600 (-0.190)
Gold Reserve Inc. Announces Grant of Stock Options
Business Wire - Mon Jul 28, 1:39PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
announced today the granting of 25,000 stock options to each of the five independent directors and 185,000 stock options in total to certain management employees. The grant does not include the Chief Executive Officer or the President. The options are exercisable at US $4.02, have a grant date of July 25, 2014, with a 10-year term, and have been issued under the Company's existing 2012 Equity Incentive Plan. GRZ.VN: 4.600 (-0.190)
Gold Reserve Announces Proceedings in ICSID Arbitration Case with Venezuela Closed by Tribunal
Business Wire - Wed Jul 23, 4:15PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to announce that the arbitral tribunal in the International Centre for Settlement of Investment Disputes (ICSID) case (Gold Reserve Inc. v. The Bolivarian Republic of Venezuela - Case No. ARB (AF)/09/1) has declared the proceedings closed in accordance with Article 44 of the Arbitration (Additional Facility) Rules. GRZ.VN: 4.600 (-0.190)
Gold Reserve Issues US $12 Million of New Convertible Notes and Modifies Terms of US $25.3 Million of Existing Convertible Notes
Business Wire - Thu Jun 19, 3:58PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (" the "Company"
announces the closing of the previously announced financing of US $12 million of new convertible notes and the extension and modification of substantially all of the US$ 25.3 million outstanding principal amount of previously modified notes (collectively "the Notes". GRZ.VN: 4.600 (-0.190)
Soltoro Receives $150,000 Option Payment from Gold Reserve
Marketwire - Thu Jun 12, 10:26AM CDT
Soltoro Ltd. (TSX VENTURE: SOL) has received the second anniversary payment of US $150,000 from Gold Reserve Inc. (TSX VENTURE: GRZ)(OTCQB: GDRZF) who hold the right to earn an undivided 51% interest in Soltoro's 100% owned La Tortuga property located in Jalisco State, Mexico. Soltoro granted a 45 day extension to Gold Reserve to make the payment which was originally due on April 26, 2014.
SOL.VN: 0.295 (+0.085), GRZ.VN: 4.600 (-0.190)
