Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Firm”) introduced that, on the annual basic assembly held earlier right this moment, James H. Coleman, Rockne J. Timm, James P. Geyer, Yves M. Gagnon, Robert A. Cohen, James Michael Johnston, and James Tunkey had been elected to the Board of Administrators of Gold Reserve to carry workplace till the following annual assembly or till their successors are duly elected or appointed, PricewaterhouseCoopers LLP had been appointed as auditors of the Firm and the audited monetary statements of the Firm for the 12 months ended December 31, 2021 had been duly obtained.
On account of his election to the Board, Mr. Tunkey has been granted inventory choices to buy 145,000 shares of Gold Reserve Inc. at a worth of US $1.08 with a time period of 10 years.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This launch incorporates “forward-looking statements” inside the which means of relevant U.S. federal securities legal guidelines and “forward-looking data” inside the which means of relevant Canadian provincial and territorial securities legal guidelines and state Gold Reserve’s and its administration’s intentions, hopes, beliefs, expectations or predictions for the long run. Ahead-looking statements are essentially based mostly upon a variety of estimates and assumptions that, whereas thought-about cheap by administration at the moment, are inherently topic to important enterprise, financial and aggressive uncertainties and contingencies.
We warning that such forward-looking statements contain recognized and unknown dangers, uncertainties and different dangers that will trigger the precise outcomes, monetary outcomes, efficiency, or achievements of Gold Reserve to be materially completely different from our estimated outcomes, future outcomes, efficiency, or achievements expressed or implied by these forward-looking statements, together with with out limitation the dangers and uncertainties related to the U.S. and Canadian sanctions towards Venezuela and/or its authorities officers, dangers related to the continued failure by Venezuela to honor its commitments beneath the Settlement Settlement and/or the Award; dangers related to the gathering of the Award and substantial focus of our operations and property in Venezuela and dangers that any future Venezuelan administration will fail to respect the agreements of the prior administration. This listing shouldn’t be exhaustive of the components that will have an effect on any of Gold Reserve’s forward-looking statements. For a extra detailed dialogue of the chance components affecting the Firm’s enterprise, see the Firm’s Annual Info Kind and Administration’s Dialogue & Evaluation for the 12 months ended December 31, 2021 which have been filed on SEDAR and can be found beneath the Firm’s profile at www.sedar.com and which kind a part of the Firm’s Kind 40-F for the 12 months ended December 31, 2021 which have been filed on EDGAR and can be found beneath the Firm’s profile at www.sec.gov/edgar.
Buyers are cautioned to not put undue reliance on forward-looking statements. All subsequent written and oral forward-looking statements attributable to Gold Reserve or individuals performing on its behalf are expressly certified of their entirety by this discover. Gold Reserve disclaims any intent or obligation to replace publicly or in any other case revise any forward-looking statements or the foregoing listing of assumptions or components, whether or not because of new data, future occasions or in any other case, topic to its disclosure obligations beneath relevant guidelines promulgated by the Securities and Change Fee and relevant Canadian provincial and territorial securities legal guidelines.
Neither the TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.
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