Gold Reserve Provides Update in Citgo Sale Process: Gold Reserve Files Appeal
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”) announces that yesterday the Company filed its opening appeal brief with the U.S. Court of Appeals for the Third Circuit (the “Third Circuit”) in connection with the proposed judicial sale of PDVH Shares to Elliott/Amber Energy.The Company’s appeal asserts, among other things, that the District Court’s order approving the sale of the PDVH Shares to Elliott/Amber Energy (whose bid is $2 billion lower in purchase price than Gold Reserve’s bid) violated the Delaware law requirement that the attached shares be sold to the highest bidder. Gold Reserve further contends that the District Court should have been disqualified due to conflicts of interest involving the court-appointed Special Master and his advisors that infected the proceedings.Gold Reserve believes these issues raise significant legal and procedural concerns that warrant vacatur of the sales ord
Show less
Read more
Impact Snapshot
Event Time:
GDRZF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GDRZF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GDRZF alerts
High impacting GOLD RESERVE INC A NEW news events
Weekly update
A roundup of the hottest topics
GDRZF
News
- Gold Reserve Announces Stock Option GrantsBusiness Wire
- Gold Reserve Applauds President Trump’s Action to Bring Maduro to JusticeBusiness Wire
- Gold Reserve Provides Update in CITGO Sale Process: Gold Reserve Files Statement in Support of Stay Pending AppealBusiness Wire
- Gold Reserve Provides Update in CITGO Sale Process: Multiple Parties Appeal Final Sale OrderBusiness Wire
- Gold Reserve Provides Update on Citgo Sale Process: Delaware District Court Enters Final Sale Order for Sale to Elliott/AmberBusiness Wire