Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the “Company”) announced
today the granting of 25,000 stock options to each of the five
independent directors and 185,000 stock options in total to certain
management employees. The grant does not include the Chief Executive
Officer or the President. The options are exercisable at US $4.02, have
a grant date of July 25, 2014, with a 10-year term, and have been issued
under the Company’s existing 2012 Equity Incentive Plan.
Further information can be found in the regulatory filings of the
Company by going to the website at www.goldreserveinc.com,
www.sec.gov
and www.sedar.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements that state Gold
Reserve’s or its management’s intentions, hopes, beliefs, expectations
or predictions for the future, including, without limitation, statements
with respect to the arbitration proceedings. Forward-looking statements
are necessarily based upon a number of estimates and assumptions that,
while considered reasonable by management at this time, are inherently
subject to significant business, economic and competitive uncertainties
and contingencies.
We caution that such forward-looking statements involve known and
unknown risks, uncertainties and other risks that may cause the actual
outcomes, financial results, performance, or achievements of Gold
Reserve to be materially different from our estimated outcomes, future
results, performance, or achievements expressed or implied by those
forward-looking statements.
This list is not exhaustive of the factors that may affect any of
Gold Reserve’s forward-looking statements. Investors are cautioned not
to put undue reliance on forward-looking statements. All subsequent
written and oral forward-looking statements attributable to Gold Reserve
or persons acting on its behalf are expressly qualified in their
entirety by this notice. Gold Reserve disclaims any intent or obligation
to update publicly or otherwise revise any forward-looking statements or
the foregoing list of assumptions or factors, whether as a result of new
information, future events or otherwise, subject to its disclosure
obligations under applicable rules promulgated by the SEC.
In addition to being subject to a number of assumptions,
forward-looking statements in this release involve known and unknown
risks, uncertainties and other factors that may cause actual results and
developments to be materially different from those expressed or implied
by such forward-looking statements, including those factors outlined in
the “Cautionary Statement Regarding Forward-Looking Statements”
and “Risks Factors” contained in Gold Reserve’s filings with the
Canadian provincial securities regulatory authorities and the SEC,
including Gold Reserve’s Annual Information Form and Annual Report on
Form 40-F for the year ended December 31, 2013, filed with the Canadian
provincial securities regulatory authorities and the SEC, respectively.
“Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.”
Copyright Business Wire 2014