Gold Reserve Inc (GDRZF) 3.3820 $GDRZF
Gold Reserve Plans to Issue Up to US $12.3 Million of New Convertible Notes and Extend Maturity Date of US $44 Million of Existing Notes
Business Wire - Thu Sep 03, 6:16PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) ("Gold Reserve" or the "Company"
is pleased to announce an agreement in principle with its largest noteholders representing 88% of its currently outstanding convertible notes ("Modified Notes" to issue up to US $12.3 million of new convertible notes ("New Notes" due December 31, 2018 and modify, amend and extend the maturity date of its US $44 million outstanding principal and accrued interest amount of previously modified notes ("Old Notes" from December 31, 2015 to December 31, 2018. The terms are binding subject to TSX Venture Exchange approval and negotiation and entry into definitive documents. The Company will issue the US $12.3 million New Notes with an original issue discount of 2.5% of the principal amount and will also issue New Notes representing 2.5% of the principal and interest amount to the current holders of the Modified Notes being extended as a restructuring fee.
GRZ.VN: 3.370 (-0.470)
Gold Reserve Reports on Recent Meeting with Venezuelan Government Officials
Business Wire - Fri Aug 07, 3:15PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" is pleased to report on a recent meeting held with officials of the Bolivarian Republic of Venezuela. During July 2015 representatives from the Company, James H. Coleman, Chairman of the Board of Directors and Rockne J. Timm, CEO met with Jorge Arreaza, Vice President of the Bolivarian Republic of Venezuela, Reinaldo Munoz, acting Procurador General, Asdrubal Chavez, Minister of Oil and Mining, and Eulogio Del Pino, President of Petroleos de Venezuela, S.A. ("PDVSA".
GRZ.VN: 3.370 (-0.470)
Gold Reserve Reports on Latest Developments in Luxembourg
Business Wire - Tue Jun 30, 12:21PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" reports on recent developments occurring in Luxembourg in relation to its collection efforts of the US $740 million arbitral award dated September 22, 2014 (the "Award" which includes the award, pre-award interest and costs) rendered against the Bolivarian Republic of Venezuela ("Venezuela".
GRZ.VN: 3.370 (-0.470)
Gold Reserve Provides Update to Legal Proceedings in US District Court for the District of Columbia
Business Wire - Thu Jun 18, 12:21PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" reports on recent developments in the United States in relation to its collection efforts of the US $740 million arbitral award dated September 22, 2014 (the "Award" rendered against the Bolivarian Republic of Venezuela ("Venezuela".
GRZ.VN: 3.370 (-0.470)
Gold Reserve Provides Update to French Legal Activities
Business Wire - Thu Apr 16, 5:38PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" is pleased to report on recent developments occurring in the Paris Court of Appeal in relation to Venezuela's attempt to annul the US $740 million arbitral award dated September 22, 2014 (the "Award", rendered in the Company's favor.
GRZ.VN: 3.370 (-0.470)
Gold Reserve Provides Update Relating to US District Court Petition to Confirm the US $740 Million ICSID Award
Business Wire - Thu Apr 16, 11:34AM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" is pleased to report that Venezuela has agreed to accept service of Gold Reserve's Petition, filed in the District Court of the District of Columbia, to confirm the US $ 740 million ICSID award dated September 22, 2014 (the "Award". Venezuela has further agreed to respond to the Petition to Confirm the Award within sixty (60) days of the agreed service date, i.e., on or before June 12, 2015 and Gold Reserve has agreed to vacate the clerk's entry of default entered on March 27, 2015 against Venezuela. The foregoing agreements have been recorded in an Order of the U.S. District Court for the District of Columbia dated April 15, 2015.
GRZ.VN: 3.370 (-0.470)
Gold Reserve Expands Its Arbitral Award Collection Efforts to Luxembourg
Business Wire - Mon Apr 13, 5:43PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company" is pleased to report on recent developments occurring in Luxembourg in relation to its collection efforts of the US $740 million arbitral award dated September 22, 2014 (the "Award" rendered against the Bolivarian Republic of Venezuela ("Venezuela".
GRZ.VN: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 7.99 (unch), RVP: 3.70 (+0.02)
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 $1.5 million per month.
GRZ.VN: 3.370 (-0.470)
Update: Gold Reserve Is Pursuing Its Settlement Payout On All Fronts
The Investment Doctor - at Seeking Alpha - Wed Dec 03, 11:47AM CST
Gold Reserve Seeks Enforcement of its US$ 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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
Gold Reserve Plans to Issue Up to US $12.3 Million of New Convertible Notes and Extend Maturity Date of US $44 Million of Existing Notes
Business Wire - Thu Sep 03, 6:16PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) ("Gold Reserve" or the "Company"
is pleased to announce an agreement in principle with its largest noteholders representing 88% of its currently outstanding convertible notes ("Modified Notes" to issue up to US $12.3 million of new convertible notes ("New Notes" due December 31, 2018 and modify, amend and extend the maturity date of its US $44 million outstanding principal and accrued interest amount of previously modified notes ("Old Notes" from December 31, 2015 to December 31, 2018. The terms are binding subject to TSX Venture Exchange approval and negotiation and entry into definitive documents. The Company will issue the US $12.3 million New Notes with an original issue discount of 2.5% of the principal amount and will also issue New Notes representing 2.5% of the principal and interest amount to the current holders of the Modified Notes being extended as a restructuring fee. GRZ.VN: 3.370 (-0.470)
Gold Reserve Reports on Recent Meeting with Venezuelan Government Officials
Business Wire - Fri Aug 07, 3:15PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report on a recent meeting held with officials of the Bolivarian Republic of Venezuela. During July 2015 representatives from the Company, James H. Coleman, Chairman of the Board of Directors and Rockne J. Timm, CEO met with Jorge Arreaza, Vice President of the Bolivarian Republic of Venezuela, Reinaldo Munoz, acting Procurador General, Asdrubal Chavez, Minister of Oil and Mining, and Eulogio Del Pino, President of Petroleos de Venezuela, S.A. ("PDVSA". GRZ.VN: 3.370 (-0.470)
Gold Reserve Reports on Latest Developments in Luxembourg
Business Wire - Tue Jun 30, 12:21PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
reports on recent developments occurring in Luxembourg in relation to its collection efforts of the US $740 million arbitral award dated September 22, 2014 (the "Award" which includes the award, pre-award interest and costs) rendered against the Bolivarian Republic of Venezuela ("Venezuela". GRZ.VN: 3.370 (-0.470)
Gold Reserve Provides Update to Legal Proceedings in US District Court for the District of Columbia
Business Wire - Thu Jun 18, 12:21PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
reports on recent developments in the United States in relation to its collection efforts of the US $740 million arbitral award dated September 22, 2014 (the "Award" rendered against the Bolivarian Republic of Venezuela ("Venezuela". GRZ.VN: 3.370 (-0.470)
Gold Reserve Provides Update to French Legal Activities
Business Wire - Thu Apr 16, 5:38PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report on recent developments occurring in the Paris Court of Appeal in relation to Venezuela's attempt to annul the US $740 million arbitral award dated September 22, 2014 (the "Award", rendered in the Company's favor. GRZ.VN: 3.370 (-0.470)
Gold Reserve Provides Update Relating to US District Court Petition to Confirm the US $740 Million ICSID Award
Business Wire - Thu Apr 16, 11:34AM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report that Venezuela has agreed to accept service of Gold Reserve's Petition, filed in the District Court of the District of Columbia, to confirm the US $ 740 million ICSID award dated September 22, 2014 (the "Award". Venezuela has further agreed to respond to the Petition to Confirm the Award within sixty (60) days of the agreed service date, i.e., on or before June 12, 2015 and Gold Reserve has agreed to vacate the clerk's entry of default entered on March 27, 2015 against Venezuela. The foregoing agreements have been recorded in an Order of the U.S. District Court for the District of Columbia dated April 15, 2015. GRZ.VN: 3.370 (-0.470)
Gold Reserve Expands Its Arbitral Award Collection Efforts to Luxembourg
Business Wire - Mon Apr 13, 5:43PM CDT
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company"
is pleased to report on recent developments occurring in Luxembourg in relation to its collection efforts of the US $740 million arbitral award dated September 22, 2014 (the "Award" rendered against the Bolivarian Republic of Venezuela ("Venezuela". GRZ.VN: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 7.99 (unch), RVP: 3.70 (+0.02)
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 $1.5 million per month. GRZ.VN: 3.370 (-0.470)
Update: Gold Reserve Is Pursuing Its Settlement Payout On All Fronts
The Investment Doctor - at Seeking Alpha - Wed Dec 03, 11:47AM CST
Gold Reserve Seeks Enforcement of its US$ 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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
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: 3.370 (-0.470)
