Gold Reserve Announces Settlement of certain Contingent Value Rights and Bonus Entitlements

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) announced that it has settled certain contingent obligations with participants of its 2012 bonus plan (the “Bonus Plan”) and holders of contingent value rights (“CVRs”) issued in 2012. In February 2026, the Company offered all Bonus Plan participants and CVR holders the opportunity to settle all or a portion of their respective entitlements in exchange for a cash payme.