Feb 9, 2016 
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 Gold Reserve Inc.
 926 W Sprague Ave
 Suite 200
 Spokane, WA 99201

 800.625.9550
 e-mail us

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Introduction
Gold Reserve Inc. has a history in mining dating back to 1956 and was formed for the purpose of acquiring, exploring, and developing mining properties and placing them into production. The Company is incorporated under the laws of the Province of Alberta, Canada and is listed on the TSX Venture Exchange and the OTCQB Markets Exchange.

In 1992, the Company acquired and began developing what is now known as the Brisas gold and copper project, located in the historic Km 88 mining district of the State of Bolivar in southeastern Venezuela (the "Brisas Project").  The Brisas deposit, which is one of the largest undeveloped gold/copper deposits in the world, contains ore reserves of 10.2 million ounces of gold and 1.4 billion pounds of copper.  From 1992 to 2009, the Company invested close to US $300 million in acquisition, land exploration, development, equipment, and engineering costs, which the Company believed developed the Brisas Project into a world class mining project.

In April 2008, after the Company successfully developed the Brisas Project to the point of construction, the Bolivarian Republic of Venezuela arbitrarily revoked the previous authorization to proceed with construction of the Brisas Project, eliminating the Company’s ability to exploit the Brisas Project. As a result of this and other acts by or on behalf of Venezuela, on October 21, 2009 the Company filed a Request for Arbitration under the Additional Facility Rules of the International Centre for Settlement of Investment Disputes ("ICSID") of the World Bank, in Washington D.C., against the Bolivarian Republic of Venezuela seeking compensation for the losses caused to the Company  by what the Company believes are Venezuela's violations of the Agreement between the Government of Canada and the Government of the Republic of Venezuela for the Promotion and Protection of Investments ("Canada-Venezuela Treaty") in regard to the Company and its investments in Venezuela.

The information regarding the Company's Venezuelan properties contained herein should be considered in context of our October 21, 2009 news release "Gold Reserve Files International Arbitration Against Venezuelan Government."


Current Activities
The Company is diligently pursuing its arbitration claim against the Bolivarian Republic of Venezuela while continuing to pursue other opportunities, with the goal of successfully developing proven and probable reserves by making selective property and/or corporate acquisitions. 

 


News & Events

Gold Reserve Provides Further Update to Legal Proceedings Related to Collection of Arbitration Award
1/21/2016

Gold Reserve Provides Update to Legal Proceedings Related to Collection of Arbitration Award
1/14/2016

Gold Reserve to Acquire Certain Alaska Mining Claims
1/13/2016

Gold Reserve Completes Issuance of US $12.3 Million of New Convertible Notes and Modifies Terms of Existing US $44 Million of Convertible Notes and Related Interest Notes
12/1/2015

U.S. District Court for the District of Columbia Enters Judgement Against Venezuela in Excess of $760 Million; Denies Motion to Stay Enforcement
11/23/2015

Update - 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
10/21/2015

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
9/3/2015

Gold Reserve Reports on Recent Meeting with Venezuelan Government Officials
8/7/2015

Gold Reserve Reports on Latest Developments in Luxembourg
6/30/2015

Gold Reserve Provides Update to Legal Proceedings in US District Court for the District of Columbia
6/18/2015

Gold Reserve Provides Update to French Legal Activities
4/16/2015

Gold Reserve Provides Update Relating to US District Court Petition to Confirm the US $740 Million ICSID Award
4/16/2015

Gold Reserve Expands Its Arbitral Award Collection Efforts to Luxembourg
4/13/2015

U.S. District Court Enters Default Against Venezuela in Proceedings to Confirm $740 Million Award Instituted by Gold Reserve
3/30/2015

Gold Reserve Appoints Kenneth I. Juster to Board of Directors
3/17/2015

Paris Court of Appeal Rules to Recognize Gold Reserve's ICSID Award as a Judgement of the Court
1/29/2015

Gold Reserve Provides Update Relating to Paris Court of Appeal Hearing
1/8/2015

ICSID Tribunal Confirms Gold Reserve's $744 Million Award Against Venezuela
12/16/2014

Gold Reserve Seeks Enforcement Of Its US$ 713 Million Award and Costs Against Venezuela In The US District Court For The District of Columbia
12/1/2014

Gold Reserve Updates Shareholders on ICSID Award
11/6/2014

Gold Reserve Awarded $740.3 Million by ICSID for the Expropriation of the Brisas Project
9/22/2014

Gold Reserve Inc. to Continue into Alberta
9/9/2014

Gold Reserve Inc. Announces Grant of Stock Options
7/28/2014

Gold Reserve Announces Proceedings in ICSID Arbitration Case with Venezuela Closed by Tribunal
7/23/2014

Gold Reserve Issues US $12 Million of New Convertible Notes and Modifies Terms of US $25.3 Million of Existing Convertible Notes
6/19/2014

Gold Reserve Modified Terms of the Proposed US $12 Million of New Convertible Notes and Modified US $25.3 Million of Existing Notes
5/7/2014

Gold Reserve Amends 2012 Stock Option Plan
5/2/2014

Gold Reserve Updates Shareholders On ICSID Arbitration Case With Venezuela
4/30/2014

Gold Reserve Plans to Issue Up To US $12 Million of New Convertible Notes and Extend Maturity Date of US $25.3 Million of Existing Notes
4/29/2014

news archive

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