Welcome to our dedicated page for Gold Reserve news (Ticker: GDRZF), a resource for investors and traders seeking the latest updates and insights on Gold Reserve stock.
Gold Reserve Ltd. reports developments as a Bermuda public mineral exploration and development company with listings on the TSX Venture Exchange, Bermuda Stock Exchange and OTCQX under GDRZF. Its recurring updates center on Venezuelan mining interests, including efforts connected to the Siembra Minera project, an Alaskan property, and changes in mining-law and sanctions frameworks affecting potential gold and strategic-minerals activity.
Company news also covers capital-structure actions such as private placements, contingent value rights and bonus-plan settlements, proposed shareholder matters, and legal proceedings tied to Venezuelan assets. These updates frame Gold Reserve’s mineral-asset strategy, regulatory environment, and public-company financing activity.
Gold Reserve (OTCQX:GDRZF) signed a binding earn-in term sheet with Augusta Capital, granting Augusta the right to earn 50% of Gold Reserve’s interest in the Siembra Minera project in Venezuela by funding US$200 million of project expenditures.
A new Venezuelan mining law enacted in April 2026 removes mandatory state-majority ownership, allowing Gold Reserve to pursue up to 100% project interest. Augusta must initially fund US$25 million within one year, which Gold Reserve will match. Augusta will operate the project, with a joint venture to be formed after the earn-in.
Gold Reserve (OTCQX:GDRZF) announced board approval of two potential spin-outs: American Heralds Mining, to hold its Venezuelan mining interests and Alaskan property, and Dalinar Energy, to hold economic rights in its 2014 arbitration award and related judgments. Both transactions aim to reposition Gold Reserve as an investment holding company and remain subject to shareholder, regulatory and other approvals, with proxy materials expected before year-end.
Gold Reserve (OTCQX: GDRZF) announced the formation of American Heralds Mining Corporation, a U.S.-domiciled mining platform to hold Gold Reserve’s Venezuelan and Alaskan mining interests and support U.S. critical-mineral supply priorities.
The Company is evaluating a spin-out with shares of American Heralds to be distributed to Gold Reserve shareholders, intends a U.S. IPO and U.S. exchange listing for American Heralds, and is targeting proxy mailing in Q3 2026. The Company also plans a corporate name change to Hamilton American Holdings pending approvals.
Gold Reserve (OTCQX: GDRZF) welcomed Venezuela’s newly enacted Organic Mining Law published April 16, 2026, which modernizes mining rules and opens the sector to national and foreign investors.
Key provisions include repeal of the 2015 Gold Law removing mandatory state-majority participation, mining concessions initial terms up to 30 years (extendable to 50 years), arbitration for disputes, contractually set royalties within statutory ceilings, and authorization to sell minerals domestically and internationally. The company notes U.S. OFAC General License 55 (GL-55) permits negotiating new investment contracts in Venezuela’s minerals sector, subject to conditions.
Gold Reserve (OTCQX: GDRZF) welcomed Venezuela’s initial approval in first discussion of a Draft Mining Law that would restore a concession model and permit private national and foreign mining concessions.
Key draft terms include 30-year initial property rights (extendable to 60 years), a flat 4% royalty on gold and other listed minerals, access to international arbitration, and explicit authorization to sell minerals domestically and internationally. The draft still requires a second discussion before enactment; Gold Reserve has submitted confidential comments for consideration.
Gold Reserve (OTCQX: GDRZF) announced settlement of certain 2012 contingent obligations. In February 2026 the company offered Bonus Plan participants and CVR holders cash settlement options that closed March 9, 2026. Pursuant to accepted offers, Gold Reserve will pay an aggregate $4.86 million.
The payments settle approximately 20% of outstanding Bonus Plan contingent obligations and approximately 28% of outstanding CVR contingent obligations, reducing a portion of legacy contingent liabilities and simplifying the company’s capital structure.
Gold Reserve (OTCQX:GDRZF) noted that the U.S. Treasury's OFAC issued General License 51 on March 6, 2026, authorizing certain transactions involving Venezuelan-origin gold under specified conditions.
The license permits export, sale, refining, importation, storage, purchase, delivery, and resale of Venezuelan-origin gold in the U.S., subject to designated-account rules, reporting obligations, and applicable sanctions regulations. Gold Reserve said it is reviewing GL 51 and will monitor related regulatory developments for compliant engagement in the Venezuelan mining sector.
Gold Reserve (OTCQX: GDRZF) announced participation in a U.S. mining delegation meeting with Venezuelan President Rodríguez on March 4, 2026, to discuss conditions for foreign investment and resumption of mining operations.
The company said it received a 30-day OFAC license permitting certain businesses, including Gold Reserve, to negotiate with Venezuela and intends to use this opportunity to pursue a return to operations.
Summary not available.
Gold Reserve (OTCQX:GDRZF) closed a US$75 million private placement by issuing 24,999,999 common shares at US$3.00 per share to primarily strategic investors on February 27, 2026. Net proceeds will fund working capital and efforts to return to Venezuela and upgrade the 2018 Siembra Minera PEA.
The Financing was oversubscribed but management did not pursue over-allotment to limit dilution; a cash commission of approximately US$3.0 million will be paid to Cantor Fitzgerald Canada. Canadian-sold shares are restricted until June 27, 2026. Three insiders subscribed for 5,749,999 shares totaling US$17,249,997.