SPOKANE, WA,
March 14, 2013 /CNW/ - Gold Reserve
Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the "Company") announces that
effective March 15, 2013 the Company
anticipates its common shares will begin to trade on the OTCQB
Marketplace under the ticker symbol "GDRZF". Investors will
be able to view the Real Time Level II stock quotes for "GDRZF" at
http://www.otcmarkets.com/stock/GDRZF/quote.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS
This release contains forward-looking statements that state
Gold Reserve's or its management's intentions, hopes, beliefs,
expectations or predictions for the future. In this release,
forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management at this time, are inherently subject to significant
business, economic and competitive uncertainties and
contingencies.
We caution that such forward-looking statements involve known
and unknown risks, uncertainties and other risks that may cause the
actual outcomes, financial results, performance, or achievements of
Gold Reserve to be materially different from our estimated
outcomes, future results, performance, or achievements expressed or
implied by those forward-looking statements.
Numerous factors could cause actual results to differ
materially from those in the forward-looking statements, including
without limitation: our ability to continue to satisfy the
continued listing requirements of the TSX.V or other ongoing
listing standards which may result in the delisting of the
Company's Class A common shares from the relevant exchange; the
outcome of our arbitration under the Additional Facility Rules of
the International Centre for Settlement of Investment Disputes of
the World Bank, in Washington,
D.C. to determine compensation claimed by us resulting from
our claims against the Venezuelan government and its agents and
agencies; corruption and uncertain legal enforcement; political and
social instability; requests for improper payments; competition
with companies that are not subject to or do not follow Canadian
and U.S. laws and regulations; regulatory, political and economic
risks associated with Venezuela
including changes in laws and legal regimes; impact of currency,
metal prices and metal production volatility; our dependence upon
the abilities and continued participation of certain key employees;
potential volatility of our Class A common shares, including
dilution as a result of the conversion of the convertible notes
into our Class A common shares; the prospects for exploration and
development of alternative projects by us; and risks normally
incident to the exploration, development and operation of mining
properties.
This list is not exhaustive of the factors that may affect
any of Gold Reserve's forward-looking statements. Investors are
cautioned not to put undue reliance on forward-looking statements.
All subsequent written and oral forward-looking statements
attributable to Gold Reserve or persons acting on its behalf are
expressly qualified in their entirety by this notice. Gold Reserve
disclaims any intent or obligation to update publicly or otherwise
revise any forward-looking statements or the foregoing list of
assumptions or factors, whether as a result of new information,
future events or otherwise, subject to its disclosure obligations
under applicable rules promulgated by the SEC.
In addition to being subject to a number of assumptions,
forward-looking statements in this release involve known and
unknown risks, uncertainties and other factors that may cause
actual results and developments to be materially different from
those expressed or implied by such forward-looking statements,
including those factors outlined in the "Cautionary Statement
Regarding Forward-Looking Statements" and "Risks Factors" contained
in Gold Reserve's filings with the Canadian provincial securities
regulatory authorities and the SEC, including Gold Reserve's Annual
Information Form and Annual Report on Form 10-K for the year ended
December 31, 2011, filed with the
Canadian provincial securities regulatory authorities and the SEC,
respectively.
Further information regarding the Company can be located at
www.goldreserveinc.com, www.sec.gov and
www.sedar.com.
"Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release."
SOURCE Gold Reserve Inc.