Gold Reserve Updates on Status of Agreements with Venezuela - "Gold Reserve Inc. (GRZ.V) (GDRZF) (the “Company” or “Gold Reserve”) announces a further extension of the previously announced Memorandum of Understanding (“MOU”) with the Bolivarian Republic of Venezuela to July 15, 2016. The execution of the previously announced settlement and mixed company (joint venture) agreements have been delayed due to recent positive events in Venezuela, such as the formation of the new “Ministry of Ecological Mining Development” and the appointment of a new Minister allowing the government to pursue the development of its mineral resources independent of the energy sector. In addition, the government, as part of the approval process for the mixed company, has recently completed an extensive technical and economic due diligence review of the Brisas-Cristinas business plan proposed by the Company." More
- 06/23/16 | Item |


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