Business

Gold Reserve Provides Update on Briefing and Hearing Schedule in Citgo Sale Process

Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the ...

articleGold Reserve Ltd.October 16, 20253/company/gold-reserve-inc/news/gold-reserve-provides-update-on-briefing-and-hearing-schedule-in-citgo-sale-process
Gold Reserve Provides Update on Briefing and Hearing Schedule in Citgo Sale Process

About this update from Gold Reserve Ltd.

[{"type":"text","content":"Gold Reserve Provides Update on Briefing and Hearing Schedule in Citgo Sale Process\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n \n\n\n\n Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that, pursuant to the schedule set by the U.S. District Court for the District of Delaware (the “Court”), the Company and other parties filed their Post-Trial Answering Briefs and Submissions of Supplemental Fact. Copies of the filings will be posted to the Company\n \n website\n \n under Citgo Proceedings.\n \n\n Next steps in the Sale Process include:\n \n\n\n Later today, the Special Master and other interested parties will file briefs in response to the disqualification motions previously filed by the Company and the Venezuela Parties.\n \n\n On October 19, 2025, the Company and the Venezuela Parties will file reply briefs in support of their disqualification motions.\n \n\n On October 20, 2025, the Court will hold an in-person hearing on the disqualification motions.\n \n\n On October 21, 2025, the Court will hold an in-person hearing on the issues raised in the Post-Hearing Trial Briefs.\n \n\n On October 28, 2025, parties will file Post-Hearing Reply Briefs.\n \n\n\n Dial-in information for the in-person hearing on October 20 and October 21, 2025 can be found\n \n here\n \n .\n \n\n Copies of all public filings will be posted to the Company\n \n website\n \n under Citgo Proceedings.\n \n\n A complete description of the Delaware sale proceedings can be found on the Public Access to Court Electronic Records system in Crystallex International Corporation v. Bolivarian Republic of Venezuela, 1:17-mc-00151-LPS (D. Del.) and its related proceedings.\n \n\n\n Cautionary Statement Regarding Forward-Looking statements\n \n\n\n\n This release contains “forward-looking statements” within the meaning of applicable U.S. federal securities laws and “forward-looking information” within the meaning of applicable Canadian provincial and territorial securities laws and state Gold Reserve’s and its management’s intentions, hopes, beliefs, expectations or predictions for the future. Forward-looking statements are necessarily based upon a number of estimates a...

More updates from Gold Reserve Ltd.