Gold Reserve Inc.


Gold Reserve Inc.1 has a long history in mining and was formed to acquire, explore and develop mining projects. The Company, the successor issuer to Gold Reserve Corporation which was formed in 1956, was incorporated in 1998 under the laws of the Yukon Territory, Canada and continued to Alberta, Canada in September 2014.

The Company maintains its executive/administrative office at 999 West Riverside Ave., Suite 401, Spokane, Washington 99201 USA, and is listed on the Toronto Venture Exchange (symbol: GRZ.V) and quoted on the OTCQX Markets Exchange (symbol: GDRZF). The Company employs 8 people and is currently working on collecting the payments contemplated under the Settlement Agreement (See Arbitral Award section) and executing the Mixed Company Agreement (See Mixed Company section).

Venezuela continues to experience substantial social, political and economic turmoil. The country’s overall infrastructure, social services network and economy have generally collapsed. Further, certain non-Venezuelan countries (including the United States and Canada) currently recognize a presidency and government led by Juan Guaidó, instead of Nicolás Maduro, resulting in a “dual” government. In addition, in March 2020, the U.S. Government indicted Venezuelan President Nicolás Maduro and a number of key associates for human rights abuses and drug trafficking.

The existing conditions in Venezuela, along with Sanctions (See Arbitral Award section), are expected to continue, in the foreseeable future, adversely impacting our ability to collect the remaining amount owed to us by Venezuela pursuant to the Settlement Agreement and/or Award and hinder our ability to develop certain gold, copper, silver and other strategic mineral rights contained within Bolivar State comprising what is known as the Siembra Minera Project.


(1) The terms Gold Reserve and Company are used interchangeably and include, where appropriate, relevant subsidiaries.

News & Events

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 Shares of PDV Holdings, Inc., Under the Delaware Proceedings (24-08)

Gold Reserve Announces Private Placement Including for the Purposes of Funding a Potential Transaction in Relation to the Sale of the Shares of PDV Holdings, Inc., Under the Delaware Proceedings (24-06)

U.S. Supreme Court Denies Venezuela Leave to Appeal Order of Delaware Court and Gold Reserve Designated as Additional Judgement Creditor in Delaware Sale Process (24-02)

US Third Circuit Court of Appeals Affirms Previously Announced District Court Order Granted to Gold Reserve and Others (23-03)

OFAC Publishes Guidance With Respect To Its Authorization of The Process To Be Used To Sell The Shares of CITGO’s Holding Company For The Potential Benefit of Certain Creditors of Venezuela Including Gold Reserve (23-02)

Gold Reserve Granted Conditional Writ of Attachment from U.S. Delaware Court Regarding Shares in Citgo’s Holding Company (23-01)

Venezuelan Ministry of Mines Revokes Mineral Rights of Siembra Minera – Gold Reserve Considering All Legal Rights and Remedies (22-01)

Gold Reserve Announces Intention to Return Between US$90 Million and US$100 Million to Shareholders and Date for Annual General and Special Meeting of Shareholders (19-03)