businesswire.com · Nov 25, 2025
Gold Reserve Prevails in ICC Arbitration Against BANDES
PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that today it received notice that its affiliate, Gold Reserve Corporation, obtained a favorable Final Award in its pending international arbitration proceedings against Banco De Desarrollo Economico Y Social De Venezuela (“BANDES”), the state development bank of the Maduro regime. The arbitration was brought to recover amounts held in trust by BANDES for G.

