PAW - Pacific Wildcat Resources Corp Message Board

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Gold/Mining/Energy : PAW - Pacific Wildcat Resources Corp

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longz

From: Rocket Red	10/9/2018 7:02:57 PM
	1 Recommendation of 3422

Gold Reserve receives $14.9M (U.S.) from Venezuela 2018-10-09 18:07 ET - News Release Shares issued 99,395,048 GRZ Close 2018-10-09 C$ 3.20 Mr. Douglas Belanger reports GOLD RESERVE RECEIVES TRANSFER FROM VENEZUELA Gold Reserve Inc. has provided an update on the transfer of funds from Bandes Bank associated with the company's settlement agreement with Venezuela. Bandes Bank has transferred $14.9-million (U.S.) to the company's bank account in North America, leaving approximately $22-million (U.S.) remaining in the company's trust account in Venezuela. Venezuela's monthly payment obligations, pursuant to the settlement agreement, are in arrears by approximately $206.5-million (U.S.), excluding the amount remaining in the trust account. The company and Venezuela continue to work on satisfying the unpaid amounts. Further information regarding the company can be located on its website, the Securities and Exchange Commission website, and the SEDAR website.

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