Gold Reserve Ltd. announces that today the U.S. District Court for the District of Delaware issued an order that extended the Topping Period for submitting bids for the purchase of the shares of PDVH, the indirect holding company of Citgo Petroleum, from May 28, 2025, until at least June 2, 2025. The order was issued in response to a motion by the Venezuela Parties to extend the Topping Period for at least twenty-one days, which motion subsequently was supported by Vitol, Inc.,
Rusoro Mining Ltd. and the Company. The Court will decide whether to further extend the Topping Period beyond June 2, 2025, after reviewing further briefing from the Special Master and other parties due today and tomorrow . A copy of the order issued by the Court can be found here. A compl...