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Gold Reserve Provides Update on Briefing Regarding Adjournment of Sale Hearing
Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the ...
About this update from Gold Reserve Ltd.
[{"type":"text","content":"Gold Reserve Provides Update on Briefing Regarding Adjournment of Sale Hearing\n\n\n .bwalignc { text-align: center; list-style-position: inside }\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 various parties submitted opening and response briefs on August 16 and August 17, 2025, respectively, in relation to the inclinations stated by the Court in its August 14, 2025 Order adjourning the Sale Hearing.\n \n\n The parties that submitted opening briefs on August 16, 2025, in addition to the Company, included the Special Master, the “Venezuela Parties” (the Bolivarian Republic of Venezuela, PDVSA, PDVH and CITGO), Crystallex International Corporation (“Crystallex”), ConocoPhillips Gulf of Paria B.V., ConocoPhillips Hamaca B.V., ConocoPhillips Petrozuata B.V. and Phillips Petroleum Company Venezuela Limited (collectively, “ConocoPhillips”), OI European Group B.V. (“OIEG”), ACL1 Investments Ltd., ACL2 Investments Ltd. and LDO (Cayman) XVIII Ltd. (collectively, “ACL1”), Red Tree Investments, LLC (“Red Tree”), Koch Minerals Sàrl and Koch Nitrogen International Sàrl, Siemens Energy Inc., and Amber Energy.\n \n\n The parties that submitted response briefs on August 17, 2025, in addition to the Company, included the Special Master, the Venezuela Parties, Crystallex, ConocoPhillips, OIEG, ACL1, Red Tree, Valores Mundiales, S.L. and Consorcio Andino, S.L., and Rusoro Mining Ltd.\n \n\n A copy of the filings has been posted\n \n here\n \n .\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 secur...