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Business

Gold Reserve Provides Update on Its Litigation and Arbitration Proceedings

Financial Post ·

PEMBROKE, Bermuda — Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) today provided an update on the next scheduled dates in connection with certain litigation and arbitration proceedings involving the Company.

The Company advises that the following proceedings are currently scheduled:

The Company will provide further updates regarding these proceedings as developments occur, subject to applicable legal and regulatory requirements.

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Gold Reserve is a primarily US-owned mineral exploration and development company focused on advancing high-quality mineral assets with the objective of creating sustainable long-term value for shareholders. The Company is listed on the TSX Venture Exchange (TSX-V: GRZ), the Bermuda Stock Exchange (BSX: GRZ.BH), and trades in the United States on the OTCQX (OTCQX: GDRZF).

For further information regarding Gold Reserve Ltd., visit www.goldreserve.bm or contact: Dave Onzay Email: investorrelations@goldreserve.bm Phone: +1 (441) 295-4653

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