Gold Reserve Closes Strategic US$75 Million Financing

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. ("Gold Reserve†or the "Company†) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce the successful closing of its US$75 million private placement financing (the "Financing†) with a group of primarily strategic investors. The Company issued a total of 24,999,999 common shares ("Common Shares†) at a price of US$3.00 per share. The Financing includes participation from several highly experienced, strategic investors that we expect. ...