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Stock impact report

Gold Reserve Announces Appointment of New Chief Executive Officer

GOLD RESERVE INC A NEW (GDRZF) 
NASDAQ:AMEX Investor Relations: goldreserveinc.com
Company Research Source: Business Wire
TORONTO--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce the appointment of Paul Rivett as Chief Executive Officer of the Company, effective immediately. Mr. Rivett will continue to serve as a Director and as Executive Vice-Chairman of the board of directors of the Company.Robert Cohen, Chairman, said the following about the appointment of Mr. Rivett: “We are delighted to appoint Paul as CEO. He has decades of management and entrepreneurial experience that will enable him to implement dynamic, forward-thinking strategies to enhance shareholder value. His appointment follows our successful continuance into Bermuda, and we believe that he has the unique skillset required to lead the Company at this pivotal moment.”In connection with the appointment of Mr. Rivett as CEO, the Company has granted Mr. Rivett 1,000,000 stock options (the “Options”) to purchase up to 1,000,000 common shares. 50% of the Options will ve Show less Read more
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