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Gold Reserve Completes Partial Redemption of Outstanding Notes

SPOKANE, Wash.–(BUSINESS WIRE)–Gold Reserve Inc. (TSX.V: GRZ) (OTC: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce that on July 14, 2017 it completed its previously announced redemption of a portion of its outstanding senior notes which, together with the conversion of senior notes at the election of certain noteholders, has resulted in the Company reducing its outstanding debt by approximately US $28.3 million. In connection with the partial redemption, the Company redeemed