BRIEF-Gold Reserve Provides Update On Court Decision In Citgo Sale Process-December 2024-www.financetom.com

BRIEF-Gold Reserve Provides Update On Court Decision In Citgo Sale Process

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BRIEF-Gold Reserve Provides Update On Court Decision In Citgo Sale Process

Nov 25, 2025 4:15 PM

Nov 26 (Reuters) - Gold Reserve Ltd ( GDRZF ):

* GOLD RESERVE PROVIDES UPDATE ON COURT DECISION IN CITGO

SALE

PROCESS: DELAWARE DISTRICT COURT ADOPTS SPECIAL MASTER'S

RECOMMENDATION OF ELLIOTT/AMBER ENERGY $5.9 BILLION BID OVER

OBJECTIONS

* GOLD RESERVE LTD ( GDRZF ) - RESPECTFULLY DISAGREES WITH COURT'S

DECISION

AND MAINTAINS THAT ITS PREVIOUSLY-RECOMMENDED BID SHOULD HAVE

BEEN SELECTED

* GOLD RESERVE LTD ( GDRZF ) - INTENDS TO EVALUATE AND PURSUE ALL

AVAILABLE

APPELLATE REMEDIES AND OTHER AVENUES FOR RELIEF TO PROTECT ITS

RIGHTS

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