SPOKANE, Wash. - (BUSINESS WIRE) - Gold Reserve Inc.(TSX:GRZ) (NYSE-Amex:GRZ) will hold a conference call to discuss the Company's financial results for the year ended December 31, 2010 on Wednesday, March 30, 2011 at 1:30 p.m. Eastern daylight time (10:30 a.m. Pacific daylight time).
Anyone interested in participating in the call should dial 866-783-2141 if calling within Canada or the United States; if calling internationally dial 857-350-1600. The participant passcode is 93750134.
Please visit our website at www.goldreserveinc.com under Investor Relations: SEDAR Filings or SEC Filings.
Gold Reserve Inc.
A. Douglas Belanger, President
Tel. 509-623-1500
Fax 509-623-1634
Internet - www.goldreserveinc.com
Anyone interested in participating in the call should dial 866-783-2141 if calling within Canada or the United States; if calling internationally dial 857-350-1600. The participant passcode is 93750134.
Status of Claim:
In April 2008, after the Company successfully developed the Brisas Project to the point of construction, the Bolivarian Republic of Venezuela arbitrarily revoked the previous authorization to proceed with construction of the Brisas Project, eliminating the Company’s ability to exploit the Brisas Project. As a result of this and other acts by or on behalf of Venezuela, on October 21, 2009 the Company filed a Request for Arbitration under the Additional Facility Rules of the International Centre for Settlement of Investment Disputes ("ICSID") of the World Bank, in Washington D.C., against the Bolivarian Republic of Venezuela seeking compensation for the losses caused to the Company by what the Company believes are Venezuela's violations of the Agreement between the Government of Canada and the Government of the Republic of Venezuela for the Promotion and Protection of Investments ("Canada-Venezuela Treaty") in regard to the Company and its investments in Venezuela.
http://icsid.worldbank.org/ICSID/FrontServlet?requestType=CasesRH&reqFrom=ListCases&caseId=C801&actionVal=viewCase
Disclosure: I hold no interest in Gold Reserve, Inc.
