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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
   <link>http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Signing+of+an+Earn-In+Agreement+with+Augusta+Capital+to+Expedite+Venezuela+Mining+and+Schedules+Update+Conference+Call/26496327.html</link>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

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The Company’s</description>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

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The Company’s</description>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

&lt;/p&gt;&lt;p&gt;
The Company’s</description>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

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The Company’s</description>
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   <title>Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce that the Company has entered into a binding term sheet (the “Earn-In Agreement”) with Augusta Capital Corporation (“Augusta”), a company founded and led by Richard Warke, which has focused on mining investments and managing world-class mining projects for over 40 years, pursuant to which the Company and its wholly-owned subsidiary, GR Mining (Barbados) Inc., have granted Augusta an earn-in right in respect of 50% of Gold Reserve’s interest in the Siembra Minera property (the “Project”).

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The Company’s</description>
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   <title>Gold Reserve Announces Board Approval of Spin-Out Transactions</title>
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&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce that its board of directors has approved the previously announced potential spin-out (the “American Heralds Spin-Out”) of its new U.S.-domiciled company, American Heralds Mining Corporation (“American Heralds”). As described in the Company’s prior &lt;a target=&quot;_blank&quot; rel=&quot;nofollow&quot; href=&quot;https://cts.businesswire.com/ct/CT?id=smartlink&amp;amp;url=https%3A%2F%2Fgoldreserve.bm%2Fnews%2Fgold-reserve-announces-spin-out-of-american-heralds-mining-corporation-a-new-us-domiciled-western-hemisphere-mining-platform-supporting-us-critical-mineral-prioritiesnbsp&amp;amp;esheet=54534950&amp;amp;newsitemid=20260513900680&amp;amp;lan=en-US&amp;amp;anchor=news+release&amp;amp;index=1&amp;amp;md5=270f0cfeadc780d466528257a2050e61&quot; shape=&quot;rect&quot;&gt;news release&lt;/a&gt;, it is intended that American Heralds will hold Gold Reserve’s mining interests in Venezuela (including the Company’s ongoing efforts to pursue its interest in the Siembra Minera project) and its Alaskan property.

&lt;/p&gt;&lt;p&gt;
In an effort to transform Gold</description>
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   <pubDate>Wed, 13 May 2026 08:00:00 -0400</pubDate>
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   <title>Gold Reserve Announces Board Approval of Spin-Out Transactions</title>
   <link>http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Board+Approval+of+Spin-Out+Transactions/26481950.html</link>
   <description>
&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce that its board of directors has approved the previously announced potential spin-out (the “American Heralds Spin-Out”) of its new U.S.-domiciled company, American Heralds Mining Corporation (“American Heralds”). As described in the Company’s prior &lt;a target=&quot;_blank&quot; rel=&quot;nofollow&quot; href=&quot;https://cts.businesswire.com/ct/CT?id=smartlink&amp;amp;url=https%3A%2F%2Fgoldreserve.bm%2Fnews%2Fgold-reserve-announces-spin-out-of-american-heralds-mining-corporation-a-new-us-domiciled-western-hemisphere-mining-platform-supporting-us-critical-mineral-prioritiesnbsp&amp;amp;esheet=54534950&amp;amp;newsitemid=20260513900680&amp;amp;lan=en-US&amp;amp;anchor=news+release&amp;amp;index=1&amp;amp;md5=270f0cfeadc780d466528257a2050e61&quot; shape=&quot;rect&quot;&gt;news release&lt;/a&gt;, it is intended that American Heralds will hold Gold Reserve’s mining interests in Venezuela (including the Company’s ongoing efforts to pursue its interest in the Siembra Minera project) and its Alaskan property.

&lt;/p&gt;&lt;p&gt;
In an effort to transform Gold</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Board+Approval+of+Spin-Out+Transactions/26481950.html</guid>
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   <title>Gold Reserve Announces Board Approval of Spin-Out Transactions</title>
   <link>http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Board+Approval+of+Spin-Out+Transactions/26481950.html</link>
   <description>
&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce that its board of directors has approved the previously announced potential spin-out (the “American Heralds Spin-Out”) of its new U.S.-domiciled company, American Heralds Mining Corporation (“American Heralds”). As described in the Company’s prior &lt;a target=&quot;_blank&quot; rel=&quot;nofollow&quot; href=&quot;https://cts.businesswire.com/ct/CT?id=smartlink&amp;amp;url=https%3A%2F%2Fgoldreserve.bm%2Fnews%2Fgold-reserve-announces-spin-out-of-american-heralds-mining-corporation-a-new-us-domiciled-western-hemisphere-mining-platform-supporting-us-critical-mineral-prioritiesnbsp&amp;amp;esheet=54534950&amp;amp;newsitemid=20260513900680&amp;amp;lan=en-US&amp;amp;anchor=news+release&amp;amp;index=1&amp;amp;md5=270f0cfeadc780d466528257a2050e61&quot; shape=&quot;rect&quot;&gt;news release&lt;/a&gt;, it is intended that American Heralds will hold Gold Reserve’s mining interests in Venezuela (including the Company’s ongoing efforts to pursue its interest in the Siembra Minera project) and its Alaskan property.

&lt;/p&gt;&lt;p&gt;
In an effort to transform Gold</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Board+Approval+of+Spin-Out+Transactions/26481950.html</guid>
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   <title>Gold Reserve Announces Board Approval of Spin-Out Transactions</title>
   <link>http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Board+Approval+of+Spin-Out+Transactions/26481950.html</link>
   <description>
&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce that its board of directors has approved the previously announced potential spin-out (the “American Heralds Spin-Out”) of its new U.S.-domiciled company, American Heralds Mining Corporation (“American Heralds”). As described in the Company’s prior &lt;a target=&quot;_blank&quot; rel=&quot;nofollow&quot; href=&quot;https://cts.businesswire.com/ct/CT?id=smartlink&amp;amp;url=https%3A%2F%2Fgoldreserve.bm%2Fnews%2Fgold-reserve-announces-spin-out-of-american-heralds-mining-corporation-a-new-us-domiciled-western-hemisphere-mining-platform-supporting-us-critical-mineral-prioritiesnbsp&amp;amp;esheet=54534950&amp;amp;newsitemid=20260513900680&amp;amp;lan=en-US&amp;amp;anchor=news+release&amp;amp;index=1&amp;amp;md5=270f0cfeadc780d466528257a2050e61&quot; shape=&quot;rect&quot;&gt;news release&lt;/a&gt;, it is intended that American Heralds will hold Gold Reserve’s mining interests in Venezuela (including the Company’s ongoing efforts to pursue its interest in the Siembra Minera project) and its Alaskan property.

&lt;/p&gt;&lt;p&gt;
In an effort to transform Gold</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Board+Approval+of+Spin-Out+Transactions/26481950.html</guid>
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   <title>Gold Reserve Announces Board Approval of Spin-Out Transactions</title>
   <link>http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Board+Approval+of+Spin-Out+Transactions/26481950.html</link>
   <description>
&lt;p&gt;    PEMBROKE, Bermuda--(BUSINESS WIRE)--
Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce that its board of directors has approved the previously announced potential spin-out (the “American Heralds Spin-Out”) of its new U.S.-domiciled company, American Heralds Mining Corporation (“American Heralds”). As described in the Company’s prior &lt;a target=&quot;_blank&quot; rel=&quot;nofollow&quot; href=&quot;https://cts.businesswire.com/ct/CT?id=smartlink&amp;amp;url=https%3A%2F%2Fgoldreserve.bm%2Fnews%2Fgold-reserve-announces-spin-out-of-american-heralds-mining-corporation-a-new-us-domiciled-western-hemisphere-mining-platform-supporting-us-critical-mineral-prioritiesnbsp&amp;amp;esheet=54534950&amp;amp;newsitemid=20260513900680&amp;amp;lan=en-US&amp;amp;anchor=news+release&amp;amp;index=1&amp;amp;md5=270f0cfeadc780d466528257a2050e61&quot; shape=&quot;rect&quot;&gt;news release&lt;/a&gt;, it is intended that American Heralds will hold Gold Reserve’s mining interests in Venezuela (including the Company’s ongoing efforts to pursue its interest in the Siembra Minera project) and its Alaskan property.

&lt;/p&gt;&lt;p&gt;
In an effort to transform Gold</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Gold+Reserve+Announces+Board+Approval+of+Spin-Out+Transactions/26481950.html</guid>
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