Gold Reserve Provides Update on Its Litigation and Arbitration Proceedings

Gold Reserve Provides Update on Its Litigation and Arbitration Proceedings

Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) today provided an update on the next scheduled dates in connection with certain litigation and arbitration proceedings involving the Company.

The Company advises that the following proceedings are currently scheduled:

Court of Chancery – Rusoro’s Motion to Dismiss: The Court of Chancery is expected to render its decision on the motion to dismiss brought by defendant Rusoro Mining Ltd. (“Rusoro”) on Monday, August 17, 2026.

ICSID Arbitration – Procedural Hearing: The Tribunal has been constituted in the Company’s arbitration proceedings against Venezuela before the International Centre for Settlement of Investment Disputes (“ICSID”). The first hearing is expected to take place before September 12, 2026, with a date to be confirmed by ICSID. The purpose of the hearing is to address procedural matters and the next steps in the arbitration.