Gold Reserve Moved To Otc Board

Wed., Feb. 2, 2000

From Staff

Gold Reserve Inc. has been delisted from NASDAQ’s Small Cap Market for failing to meet the $1 minimum bid price requirements.

Beginning today, Gold Reserve shares will trade on the OTC Bulletin Board under the same stock symbol, GLDR.

There is no change to the company’s listing on the Toronto Stock Exchange, which is the primary market for the company’s shares.

Company officials had requested a waiver from NASDAQ’s $1 minimum bid price requirement but were turned down on Monday.

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Gold Reserve Moved To Otc Board

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

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