Gold Reserve Announces Filing of Complaint in Delaware Court of Chancery Against Rusoro Mining Ltd.
GOLD RESERVE INC A NEW (GDRZF)
NASDAQ:AMEX Investor Relations:
goldreserveinc.com
Company Research
Source: Business Wire
PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announced that it has filed a Verified Complaint in the Court of Chancery of the State of Delaware against Rusoro Mining Ltd. (“Rusoro”).The complaint asserts that Rusoro knowingly and materially breached its contractual obligations under a consortium agreement entered into between the companies in connection with the judicially supervised Citgo sale process in Delaware.Gold Reserve is seeking preliminary injunctive relief to enjoin Rusoro from participating in the sale process during the pendency of the action, among other forms of relief.A complete description of the Delaware sale proceedings can be found on the Public Access to Court Electronic Records system in Crystallex International Corporation v. Bolivarian Republic of Venezuela, 1:17-mc-00151-LPS (D. Del.) and its related proceedings.Cautionary Statement Regarding Forward-Looking statementsThis
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