A $7.38 billion bid by a unit of Toronto-listed miner Gold Reserve was named preliminary winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, organized by a U.S.

Gold Reserve said, however, that the board of U.S.-based Dalinar, a subsidiary created by the miner to participate in the bidding round and eventually take over Citgo, will be made up "exclusively ...

Gold Reserve ( ($TSE:GRZ) ) has shared an announcement. Gold Reserve Ltd. announced that its bid, through its subsidiary Dalinar Energy ...

The Gold Reserve group's proposed transaction "appears designed to interfere with the 2020 bondholders' ability to protect their rights," the bondholders told Stark in a filing on Monday.

Gold Reserve, based in Spokane, Wash., bid $7.38 billion through subsidiary Dalinar Energy, which is backed by Koch and Siemens. Approval of the bid was recommended by a court officer last week.

At closing, Gold Reserve will own approximately 44% of Dalinar’s common equity, representing 85% of the voting shares. 2 In addition, Gold Reserve will hold at least $150 million of $1.5 billion ...

PEMBROKE, Bermuda---- Gold Reserve Ltd. announced that its Delaware subsidiary, Dalinar Energy Corporation, submitted a bid on March 7, 2025 to be designated the Stalking Horse Bidder for the ...

Gold Reserve Ltd. (OTCQX:GDRZF) +49.7% in Wednesday's trading after Bloomberg reported that a court-appointed advisor is prepared to recommend a consortium led by the mining company as the best ...

For further information regarding Gold Reserve Ltd., visit https://www.goldreserve.bm or contact: Kathryn Houlden (441) 295-4653 A.S. Cooper Building, 7th Floor, Hamilton, HM 11, Bermuda ...

Gold Reserve submits an offer that could be chosen as the starting bid in a court-organized auction of shares in Venezuela-owned refiner Citgo Petroleum's parent PDV Holding.

The challenge to the $7.4 billion offer by a group led by a unit of miner Gold Reserve could again derail the sale. Citgo, Venezuela's priced foreign asset, has been put on the auction block to ...

Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announced that its Delaware subsidiary, Dalinar Energy Corporation (“Dalinar Energy”), submitted a bid ...