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Regulatory

Gold Reserve Files Notice of Objection to Amber Energy Bid and Provides Update on Other Recent Filings in CITGO Sale Process

By The Northwire Desk — AI Analysis Sep 02, 2025 · 20:45 GRZ · 3.45 Gold Reserve Inc.
GRZ · Price

Executive Summary

  • Gold Reserve Ltd. filed multiple court documents in the CITGO sale proceeding, confirming its status as a competing objector and submitting an improved bid to replace Amber Energy’s lower‑priced offer.
  • The company sought full, unredacted transcripts of the Special Master’s ex parte conferences and requested a stay on the Special Master’s decision to terminate the Dalinar Energy bid pending resolution of Gold Reserve’s motions.

Key Details

  • Notice of Competing Objection (Sept 2 2025): Gold Reserve filed a Notice of Competing Objection and disclosed bid materials, asserting it is a competing objector and will present an improved bid to the Court.
  • Letter Requesting Full Transcripts (Sept 2 2025): The company joined the Venezuela Parties’ request that the Court order the Special Master to provide fully unredacted versions of transcripts from the August 11 and 13 ex parte conferences, subject to confidentiality agreements.
  • Letter Seeking Stay on Dalinar Energy Bid Decision (Aug 30 2025): Gold Reserve asked the Court to stay the Special Master’s decision to terminate the Dalinar Energy bid until its motion to strike Amber Energy’s bid is resolved, or alternatively to align the briefing schedule with the existing objection timeline.
  • Reference Materials: All filings are available via the Public Access to Court Electronic Records system under Crystallex International Corp. v. Bolivarian Republic of Venezuela, 1:17‑mc‑00151‑LPS (D.Del.).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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