SPOKANE, Wash. -- (Business Wire)

Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (“the Company”) announces the grant of 145,000 stock options to David Knight, a director of the Company. These stock options, which were granted on December 14, 2023, are exercisable at US $2.52, have a 10-year term and have been issued pursuant to the Company's 2012 Equity Incentive Plan, as amended.

Further information regarding the Company can be located at www.goldreserveinc.com, www.sec.gov and www.sedarplus.ca.

This release has been approved by Rockne J. Timm, CEO of the Company.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231219293881/en/

Contacts:

Gold Reserve Inc. Contact
Jean Charles Potvin
999 W. Riverside Ave., Suite 401
Spokane, WA 99201 USA
Tel: (509) 623-1500
Fax: (509) 623-1634

Source: Gold Reserve Inc.