Gold Reserve Announces Stock Option Grants

Rhea-AI Summary

Gold Reserve Inc. grants 140,000 stock options to employees, with 100,000 going to CFO David Onzay. The options are exercisable at US $3.18, valid for 10 years, issued under the 2012 Equity Incentive Plan. For more information, visit their website or regulatory sites.

SPOKANE, Wash.--(BUSINESS WIRE)-- Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) announces the grant of ­­140,000 stock options to employees including 100,000 to David Onzay, Chief Financial Officer. These stock options, which were granted on February 9, 2024, are exercisable at US $3.18, have a 10-year term and have been issued pursuant to the Company's 2012 Equity Incentive Plan (as amended, the "Option Plan").

Further information regarding the Company can be located at www.goldreserveinc.com, www.sec.gov and www.sedarplus.ca.

This release has been approved by Rockne J. Timm, CEO of the Company.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240213363613/en/

Gold Reserve Inc. Contact

Jean Charles Potvin

999 W. Riverside Ave., Suite 401

Spokane, WA 99201 USA

Tel: (509) 623-1500

Fax: (509) 623-1634

Source: Gold Reserve Inc.

FAQ

How many stock options were granted to employees by Gold Reserve Inc.?

Gold Reserve Inc. granted 140,000 stock options to employees.

Who received 100,000 stock options from Gold Reserve Inc.?

David Onzay, the Chief Financial Officer, received 100,000 stock options.

At what price are the stock options exercisable granted by Gold Reserve Inc.?

The stock options granted by Gold Reserve Inc. are exercisable at US $3.18.

Under which plan were the stock options issued by Gold Reserve Inc.?

The stock options were issued under the Company's 2012 Equity Incentive Plan.

Who approved the release from Gold Reserve Inc.?

The release was approved by Rockne J. Timm, CEO of Gold Reserve Inc.