Dalinar's bid not only satisfies Gold Reserve's judgment but also the judgments of all senior and junior creditors, including Siemens Energy, through a mix of cash and non-cash considerations.

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 has announced that its US acquisition subsidiary, Dalinar Energy, has been named the final recommended bidder ...

Some Venezuelan creditors are objecting to the selection of Dalinar Energy's $7.38 billion bid as the winner of a court-ordered auction for control of Citgo Petroleum, according to court filings.

Gold Reserve’s $7.38B bid for Citgo wins court support, with assurances that Houston-based jobs and operations will remain ...

Gold Reserve Announces Submission of Further Revised Topping Bid by Dalinar Energy for CITGO Parent Company For further information regarding the bid or Dalinar Energy Corporation, please contact ...

Gold Reserve Announces Submission of Further Revised Topping Bid by Dalinar Energy for CITGO Parent Company Gold Reserve Ltd. - Business Wire - Wed Jun 25, 5:33PM CDT ...

Dalinar’s US$7.382 billion bid benefits several parties by satisfying in full, in cash, or non-cash consideration, Gold Reserve’s attached judgment, the attached judgments of all creditors ...

Holders of a defaulted Venezuelan bond, some creditors and bidders that participated in a U.S. auction of shares in the ...

Dalinar Energy submitted an initial topping bid on June 3, 2025 as announced here and a revised topping bid on June 18, 2025 as announced here .