Announcement • Feb 28
Gold Reserve Ltd. announced that it has received $74.999997 million in funding from Thermo Companies and other investors. On February 27, 2026, Gold Reserve Ltd closed the transaction. Management elected not to pursue the over-allotment option. Transaction involves participation of Thermo Companies and other investors. In connection with the Financing, company will pay Cantor Fitzgerald Canada Corporation a cash commission totaling approximately $3,000,000.Common Shares sold to investors in Canada will be restricted from trading until June 27, 2026. Common Shares sold to investors outside of Canada were sold pursuant to OSC Rule 72-503 and subject to compliance with applicable securities laws, will be free from resale restrictions under applicable Canadian securities laws, The Financing also includes participation from three insiders of the Company that acquired a total of 5,749,999 Common Shares for gross proceeds of $17,249,997. Announcement • Feb 11
Gold Reserve Ltd. announced that it expects to receive $75 million in funding Gold Reserve Ltd. announced that it has entered into an engagement letter with Cantor Fitzgerald Canada Corporation (“CFCC” or the "Agent"), to undertake a private placement to issue 16,766,666 common shares at a price per Common Share of $3.00 for gross proceeds of $50,299,998 on February 11, 2026. The number of Common Shares to be sold will be determined in the context of the market in conjunction with the marketing efforts and there can be no assurance as to completion of the Offering. The closing of the Offering is expected to occur on or about February 26, 2026 (the “Offering Closing Date”) and is subject to the completion of formal documentation and receipt of regulatory approvals, including the approval of the TSX Venture Exchange. In addition, the subsequent listing of the Common Shares to be issued in connection with the Offering remains subject to the approval of the BSX. As part of the Offering, the Company has secured participation from strategic investors on substantially the same terms as other investors in the Offering.
On the same day, the company amended the terms of the transaction, the company will now issue 25,000,000 common shares at a price of $3 per share for aggregate gross proceeds of $75,000,000. The Company has granted the Agent an over-allotment option exercisable, in whole or in part, in the sole discretion of the Agent, to arrange for the purchase at the Issue Price of up to an additional 25% of the number of Common Shares sold in the Offering at any time up to two days prior to the Offering Closing Date, on the same terms and conditions as the Offering. If exercised in full, the Company would raise up to approximately US$93,750,000 million in gross proceeds from the issuance of Common Shares. In connection with the offering, the Agent will receive a commission equal to 6.0% of the gross proceeds from the sale of the Common Shares subject to certain exceptions at the Offering Closing Date. Announcement • Jan 12
Gold Reserve Ltd. Announces Executive Appointments, Effective January 8, 2026 Gold Reserve Ltd. announced that effective January 8, 2026, Sai Ahmed has been appointed as Chief Operating Officer of the Company and Mackenzie Clark has been appointed as Chief Legal Officer of the Company. 
