OTC Markets OTCQX - Delayed Quote ? USD Gold Reserve Ltd. (GDRZF) Follow Compare 1.7300 -0.1500 (-7.98%) At close: 2:19 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations PBF Energy, Gold Reserve, and More Stocks See Action From Activist Investors Mexican billionaire Carlos Slim switched to a filing usually used by activists for his investment in petroleum refiner PBF Energy. Camac Fund increased its stake in gold miner Gold Reserve. Barrons.com ? last month GDRZF -7.98% DBD BELFB Gold Reserve Announces Appointment of New Chief Executive Officer TORONTO, October 04, 2024--Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") 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. Business Wire ? last month GDRZF -7.98% Gold Reserve Provides Update on Delaware Proceedings TORONTO, October 03, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") provides the following update on the sale and bidding process (the "Sale Process") for the purchase of the common shares of PDV Holdings, Inc. ("PDVH"), the indirect parent company of CITGO Petroleum Corp. ("CITGO"), managed by the Special Master (the "Special Master") appointed by the U.S. District Court for the District of Delaware (the "Delaware Court"). Business Wire ? last month GDRZF -7.98% Gold Reserve Announces Completion of Its Continuance Into Bermuda TORONTO, September 30, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") 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 (the "Continuance") 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.". Business Wire ? last month GDRZF -7.98% Gold Reserve Providing Update on Recent Delaware Proceedings Related To Purchase of Common Shares In PDV; GRZ Lost More Than 40% on Friday Gold Reserve Providing Update on Recent Delaware Proceedings Related To Purchase of Common Shares In PDV; GRZ Lost More Than 40% on Friday PREMIUM MT Newswires ? last month GDRZF -7.98% Gold Reserve drops out of US bidding for shares in Citgo parent HOUSTON (Reuters) -Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in a parent of Venezuela-owned oil refiner Citgo Petroleum, citing court delays, and uncertainty over the sales process. The move came on the same day the court official overseeing the bidding asked the federal court in Delaware to grant him additional time to conclude discussions with a bidder on sale terms. Creditors filing parallel lawsuits against Venezuela have affected the talks, the official said in a filing. Reuters ? last month GDRZF -7.98% Gold Reserve Announces Results of the Special Meeting of Shareholders and Update on Proposed Continuance Into Bermuda TORONTO, September 16, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") is pleased to announce that at a special meeting (the "Meeting") of holders of Class A common shares (the "Shareholders") of the Company (the "Class A Shares") 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 "Continuance"). The special resolution Business Wire ? 2 months ago GDRZF -7.98% Steelhead Partners LLC Acquires Significant Stake in Gold Reserve Inc On July 3, 2024, Steelhead Partners LLC (Trades, Portfolio) made a notable move in the stock market by purchasing 10,099,924 shares of Gold Reserve Inc (GDRZF), marking this acquisition as a new holding within their portfolio. The transaction was executed at a price of $4.34 per share, reflecting a substantial commitment as these shares now constitute 89.86% of the firm's portfolio, with a significant ownership of 98.70% in the traded stock. GuruFocus.com ? 2 months ago GDRZF -7.98% Gold Reserve Announces Update Regarding Special Meeting of Shareholders TORONTO, September 06, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") has noted an error in its form of proxy provided to registered shareholders (the "Proxies") in connection with its upcoming special meeting of shareholders scheduled for September 16, 2024 (the "Meeting"). This error also extended through to the Voting Instruction Forms (the "VIFs") provided by intermediaries to non-registered (i.e. beneficial) shareholders. Business Wire ? 2 months ago GDRZF -7.98% Citgo auction pits Icahn-backed oil refiner, creditor group An oil refiner backed by activist investor Carl Icahn and a group of creditors holding claims against Venezuela are competing in the last mile of a U.S. court auction for Citgo Petroleum, according to three people familiar with the matter. A total of 18 creditors holding rulings for debt defaults and expropriations in Venezuela totaling $21.3 billion are pursuing proceeds from the auction of shares in Citgo's parent, organized by a federal court in Delaware. An investment group that includes miner Gold Reserve and a unit of conglomerate Koch Industries have offered about $9 billion in combined cash and claims against Venezuela, two of the people, who were not authorized to speak publicly about the matter, said. Reuters ? 3 months ago GDRZF -7.98% Exclusive-Citgo auction pits Icahn-backed oil refiner, creditor group An oil refiner backed by activist investor Carl Icahn and a group of creditors holding claims against Venezuela are competing in the last mile of a U.S. court auction for Citgo Petroleum, according to three people familiar with the matter. A total of 18 creditors holding rulings for debt defaults and expropriations in Venezuela totaling $21.3 billion are pursuing proceeds from the auction of shares in Citgo's parent, organized by a federal court in Delaware. An investment group that includes miner Gold Reserve and a unit of conglomerate Koch Industries have offered about $9 billion in combined cash and claims against Venezuela, two of the people, who were not authorized to speak publicly about the matter, said. Reuters ? 3 months ago GDRZF -7.98% Gold Reserve Inc. Closes US$36M Private Placement TORONTO, July 03, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") 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 (the "Common Shares") at a price of US$4.10 per Common Share for gross proceeds of approximately US$36,000,000.00 (the "Offering") with Cantor Fitzgerald Canada Corporation ("CFCC") as sole agent and bookrunner. Following the Offering, there are a tota Business Wire ? 4 months ago GDRZF -7.98% Gold Reserve Provides Update on Previously Announced Private Placement TORONTO, June 27, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announces today that it has been advised that Cantor Fitzgerald Canada Corporation ("CFCC") 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 (the "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 Business Wire ? 4 months ago GDRZF -7.98% Gold Reserve Announces up to US$30 Million Brokered Private Placement of Common Shares TORONTO, June 25, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announces it has entered into an engagement letter with Cantor Fitzgerald Canada Corporation ("CFCC" or the "Agent"), to undertake a private placement of Class A common shares of the Company (the "Common Shares") for anticipated gross proceeds of up to US$30.0 million at a price per Common Share of US$4.10 (the "Offering"). Business Wire ? 4 months ago GDRZF -7.98% Gold Reserve Announces Submission of Credit Bid for CITGO Petroleum Corp. Parent Company, PDV Holdings, Inc. TORONTO, June 11, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") is pleased to announce the submission of a credit bid (the "Bid") for the common shares of PDV Holdings, Inc. ("PDVH"), the indirect parent company of CITGO Petroleum Corp. ("Citgo"). Business Wire ? 5 months ago GDRZF -7.98% Gold Reserve Inc. Closes US$15.0M Private Placement TORONTO, June 07, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") 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 (the "Common Shares") at a price of US$3.50 per Common Share for gross proceeds of approximately US$15,000,000.00 (the "Offering") with Cantor Fitzgerald Canada Corporation ("CFCC") as sole agent and bookrunner. Following the Offering, there are a tota Business Wire ? 5 months ago GDRZF -7.98% Gold Reserve Announces It Has Engaged Advisors to Arrange for Potential Financing in Connection With Its Previous Announced Potential Bid in Relation to the Sale of the Shares of PDV Holdings, Inc., Under the Delaware Proceedings TORONTO, June 05, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") 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 (as defined below). There is no assurance that any such financing will occur. Business Wire ? 5 months ago GDRZF -7.98% Gold Reserve Provides Update on Previously Announced Best Efforts Private Placement TORONTO, May 29, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announced today that it has been advised that Cantor Fitzgerald Canada Corporation ("CFCC") 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 (the "Common Shares"), including pursuant to the over-allotment option, for anticipated gross proceeds of up to US$15,000,000 at a price per C Business Wire ? 5 months ago GDRZF -7.98% Gold Reserve Announces Private Placement Including for Purposes of Funding a Potential Transaction in Relation to the Sale of the Shares of PDV Holdings, Inc., Under the Delaware Proceedings SPOKANE, Wash., May 28, 2024--Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announced today that it has entered into an agreement with a lead agent and bookrunner (the "Agent") to undertake a best efforts private placement of Class A common shares of the Company (the "Common Shares") for anticipated gross proceeds of up to US$10 million at a price per Common Share of US$3.50 (the "Share Offering"). The Share Offering is expected to be completed on a best efforts Business Wire ? 5 months ago GDRZF -7.98% Gold Reserve Raising Up to US$65 Million to Fund Potential Bid for PDV Holdings Gold Reserve Raising Up to US$65 Million to Fund Potential Bid for PDV Holdings PREMIUM MT Newswires ? 5 months ago GDRZF -7.98% Performance Overview Trailing total returns as of 11/18/2024, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return GDRZF S&P/TSX Composite index YTD -37.55% +19.17% 1-Year -25.43% +23.80% 3-Year +22.70% +15.35%
