Welcome to our dedicated page for Gold Reserve news (Ticker: GDRZF), a resource for investors and traders seeking the latest updates and insights on Gold Reserve stock.
Gold Reserve Ltd. (OTCQX: GDRZF) is a Bermuda-based, majority US-owned company associated with the gold ore mining industry and a long history of developing large gold and copper deposits in Venezuela. The Gold Reserve news feed on Stock Titan aggregates the Company’s public announcements, giving investors and observers a single place to review its latest legal, arbitration, tax, and corporate updates.
Recent Gold Reserve news has focused heavily on court proceedings in the United States related to the proposed judicial sale of PDV Holding, Inc. (PDVH) shares in Delaware. The Company has reported on its fully financed bid for the PDVH shares, its objections to the court’s approval of a lower-priced bid by Elliott/Amber Energy, and its subsequent notices of appeal, motions for stays, and other appellate steps in the U.S. Court of Appeals for the Third Circuit.
In addition to the PDVH sale process, Gold Reserve news items cover international arbitration outcomes, such as the favorable Final Award obtained by its affiliate against Banco De Desarrollo Economico Y Social De Venezuela (BANDES), and the Company’s plans to seek recovery of those awarded amounts through foreign courts. The feed also includes regulatory and tax developments, including the completion of a Canada Revenue Agency audit without net adjustments to its Canadian tax filings for the years under review.
Corporate governance and capital markets developments, such as stock option grants under the Company’s 2012 Equity Incentive Plan and commentary on the political and human rights situation in Venezuela, also appear in Gold Reserve’s releases. By following this page, readers can review the Company’s own descriptions of its evolving legal strategies, enforcement efforts, and corporate actions as they are publicly disclosed.
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Gold Reserve (OTCQX: GDRZF) announced it filed a Petition for Writ of Mandamus with the U.S. Court of Appeals for the Third Circuit seeking an order to stay further merits consideration of the Citgo Sale Process pending resolution of its motion to disqualify the District Judge, the Special Master, and Special Master’s Advisors.
The company also filed Post-Trial Reply Briefs per the District of Delaware schedule and will post filings and related court records on its website and PACER. The release reiterates extensive forward-looking risk factors related to any bid for PDVH shares and the Sale Process.
Gold Reserve (OTCQX: GDRZF) provided an update on the Delaware sale process for PDVSA/Citgo-related proceedings and filed Post-Trial Answering Briefs and Supplemental Fact submissions with the U.S. District Court for the District of Delaware.
Key near-term dates: response briefs due Oct 16, 2025; reply briefs Oct 19, 2025; in-person hearings on disqualification motions on Oct 20, 2025 and on Post-Hearing issues on Oct 21, 2025; post-hearing reply briefs due Oct 28, 2025. Public filings will be posted to the company website under Citgo Proceedings.
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Gold Reserve Ltd. (OTCQX: GDRZF) announced that Judge Leonard Stark of the U.S. District Court for the District of Delaware has denied the company's Motion to Strike the Special Master's Notice of Superior Proposal and granted the Special Master's Request to Terminate Gold Reserve's Dalinar Energy SPA in favor of Elliott's Amber Energy SPA.
The judge characterized his ruling as "entirely ministerial" and emphasized that it was intended only to align the SPA paperwork with the Special Master's current recommendation, without making a final decision on which bid would ultimately be approved. A written opinion and order are expected to be issued soon regarding the CITGO sale process.
Gold Reserve Ltd. (OTCQX: GDRZF) announced a significant legal development in the U.S. District Court for the Southern District of New York regarding the 2020 PDVSA Bondholders action. The court granted partial summary judgment in favor of the 2020 Bondholders while denying PDVSA's and PDVH's motion challenging the validity of the 2020 Notes, Indenture, Pledge Agreement, and Guaranty under Venezuelan law.
The court has reserved decision on the 2020 Bondholders' counterclaims and the validity of the 2020 Notes and Governing Documents under New York law. Gold Reserve is currently evaluating the ruling's potential impact on the company and will provide updates as they become available.
Gold Reserve (OTCQX: GDRZF) has issued an important clarification regarding Amber Energy's bid, addressing misconceptions in recent media reports and analyst coverage. The company emphasizes that Amber Energy's proposal does not include $500 million in cash as incorrectly reported, but rather offers only a 15% recovery on a $500 million claim, subject to Court approval.
The clarification comes amid the ongoing Delaware sale proceedings related to Crystallex International Corporation v. Bolivarian Republic of Venezuela. The company stresses the importance of accurate information dissemination to stakeholders and directs interested parties to access complete details through the Public Access to Court Electronic Records system.
Gold Reserve Ltd. (OTCQX: GDRZF) has filed a further reply to objections regarding the Special Master's July 2, 2025 Final Recommendation of the Dalinar Energy Bid in the CITGO sale process. The filing, submitted to the U.S. District Court for the District of Delaware, argues against the merit of these objections.
The case is part of ongoing proceedings in Crystallex International Corporation v. Bolivarian Republic of Venezuela. The company faces several uncertainties in the bid process, including regulatory approvals from OFAC, the U.S. Committee on Foreign Investment, and the Federal Trade Commission, as well as potential competing claims from other Venezuela creditors.
Gold Reserve Ltd. (OTCQX: GDRZF) has made three significant filings in the CITGO Sale Process in the U.S. District Court for Delaware. The company filed a Notice of Competing Objection confirming its status as a Competing Objector, presenting an Improved Bid that is $2 billion higher than the Amber Energy bid.
Additionally, Gold Reserve joined the Venezuela Parties' request for unredacted transcripts of the Special Master's ex parte conferences and filed a letter requesting a stay on the decision regarding Dalinar Energy's bid termination until the Court rules on Gold Reserve's Motion to Strike the Amber Energy bid.