Gold Reserve Begins Deploying Venezuela Earthquake Relief Funds, Urges Business Community to Join the Effort
Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) today announced that it has begun deploying funds from its previously announced US$1 million earthquake relief commitment to three organizations with established and complementary operational capacity in Venezuela: Samaritan’s Purse, Catholic Relief Services and World Vision.
These organizations were identified in coordination with the U.S. Embassy in Caracas and U.S. Department of State. Samaritan’s Purse has deployed a field hospital and is conducting daily medical airlifts near the epicenter in La Guaira; Catholic Relief Services is providing technical support to its longtime local partner, Caritas Venezuela, on water, sanitation, food and emergency shelter; and World Vision, which has an existing in-country presence, is focused on clean water access and mental health services for displaced families.
“These organizations are already on the ground and delivering the urgent, hands-on relief this moment demands,” said Paul Rivett, Vice Chair of Gold Reserve. “We are grateful for the close coordination with the U.S. Embassy and Department of State in identifying partners with the reach and track record to get help where it is needed most, quickly. We hope this contribution encourages other businesses with ties to Venezuela, and the broader international business community, to join us. Every commitment, made quickly, helps deliver relief to the people who need it most.”
