Gold Reserve Provides Update on Court Decision in CITGO Sale Process
Businesswire·2025-09-19 00:07
Core Viewpoint - Gold Reserve Ltd. faced a legal setback as the U.S. District Court denied its motion to strike a special master's notice and granted the termination of its Dalinar Energy SPA, allowing for the signing of Elliott's Amber Energy SPA [1] Legal Developments - On September 18, 2025, Judge Leonard Stark issued a decision regarding Gold Reserve's legal motions [1] - The court denied Gold Reserve's Motion to Strike the Special Master's Notice of Superior Proposal [1] - The Special Master's Request to terminate Gold Reserve's Dalinar Energy SPA was granted [1] - The ruling allows for the signing of Elliott's Amber Energy SPA [1]