tiprankstipranks
Gold Reserve Reports on CITGO Parent Company Sale Update
Company Announcements

Gold Reserve Reports on CITGO Parent Company Sale Update

Story Highlights

Gold Reserve (TSE:GRZ) has released an update.

Pick the best stocks and maximize your portfolio:

Gold Reserve Inc. has announced an update on the proceedings for the sale of PDV Holdings, Inc., the indirect parent of CITGO, indicating a non-binding bid and subsequent cancellation of the scheduled Sale Hearing. Following objections and a court hearing, a joint status report is due by October 18, 2024, to discuss the sale’s future direction, while a motion for pausing the sale was denied.

For further insights into TSE:GRZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGold Reserve Ltd. Announces New Directors and Shareholder Approvals
TipRanks Auto-Generated NewsdeskGold Reserve Faces Potential CRA Tax Reassessment
TipRanks Canadian Auto-Generated NewsdeskGold Reserve Faces Major CRA Reassessment Proposal
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App