Message #4 From:
NewsBot Date: October 25, 2006 05:56:00 AM
GRZ News Gold Reserve to Delist All Issued and Outstanding Warrants
SPOKANE, Wash.--(BUSINESS WIRE)--Gold Reserve Inc. (TSX:GRZ) (AMEX:GRZ) announced today that it is
delisting all of the 2,680,500 issued and outstanding warrants
(TSX:GRZ.WT) (the "Warrants") of Gold Reserve Inc. (the "Company")
listed on the Toronto Stock Exchange set to expire on November 6, 2006
and entitling each holder thereof to acquire one Class A common share of
the Company at an exercise price of Cdn. $6.50.
The Company also intends to seek regulatory and applicable corporateapprovals
to extend the expiry of the Warrants to July 31, 2007 and to amend the
exercise price of the Warrants to Cdn. $6.55.
Gold Reserve Inc. is a Canadian company, which holds the rights to the
Brisas gold/copper project and the Choco 5 gold exploration property in
Bolivar State, Venezuela.
