An anonymous director reports

GOLD RESERVE PROVIDES UPDATE ON CRA AUDIT

The Canada Revenue Agency has completed its audit of the company's international transactions. The audit did not result in any net adjustments to the company's Canadian tax filings for any of the years under review. The CRA had previously proposed a reassessment of the company's 2014, 2016, 2017 and 2018 taxation years that would include, among other amounts, the September, 2014, arbitral award and certain payments made under the settlement agreement with the Bolivarian Republic of Venezuela. The completion of the audit concludes the CRA examinations of the company's Canadian tax filings for the years under review, and, accordingly, such filings are no longer the subject of any CRA proposed reassessments.

We seek Safe Harbor.