Gold Reserve Inc. (GDRZF)

[Enterprising Investor]

Gold Reserve Announces Grant of Stock Options (2/17/17)

Gold Reserve Inc. (TSX.V: GRZ) (OTCQB: GDRZF) (“Gold Reserve” or the “Company”) announced the grant of 3,125,000 stock options to its officers and directors. In addition, a total of 1,902,500 stock options were granted to employees and consultants of the Company. In January, 1,469,500 stock options exercisable at US $2.89 expired. The stock options granted on February 16, 2017 are exercisable at US $3.15, have a 10-year term, and have been issued under the Company’s existing 2012 Equity Incentive Plan.

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

http://www.businesswire.com/news/home/20170217005774/en/Gold-Reserve-Announces-Grant-Stock-Options