Gold Reserve Ltd V.GRZ

Alternate Symbol(s): GDRZF

Metals & Mining Gold

Gold Reserve Ltd., formerly Gold Reserve Inc., is an exploration stage company. The Company is engaged in the business of acquiring, exploring and developing mining projects. The Company owns certain wholly owned mining claims known as the LMS Gold Project (the LMS Property), together with certain personal property. The LMS Property is situated approximately 20 kilometers (km) north of Delta Junction, and 150 km southeast of Fairbanks, Alaska in the Goodpaster Mining District. The LMS Property, located in Alaska, remains at an early stage of exploration with limited annual on-site activities being conducted by the Company.

TSXV:GRZ - Post by User

Gold Reserve Ltd > Highest bid

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Comment by Felix000on Aug 03, 2024 7:04am

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Post# 36162681

RE:Highest bid

So now that it looks like GRZ might end up owning a piece of Citgo, does anyone know how this might be structured to our benefit? Will GRZ pay a dividend? How much? It's a credit bid, so how does crystallex and others get paid? Why is this a better deal for vs just taking the $1.1 billion we'd get if the Icahn bid wins?

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Advancing flagship Ishkõday Gold Project in Ontario