Gold Reserve Announces Signing of Definitive Restructuring Agreement in Connection with its 5.50% Senior Subordinated Convertible Notes due 2022
Gold Reserve Inc. (NYSE: GRZ) announces that further to its news release dated May 17, 2012, it has entered into a definitive agreement generally encompassing the terms described in such news release with the three largest holders of its 5.50% Senior Subordinated Convertible Notes due 2022 in connection with the proposed restructuring of the Notes. The Large Noteholders hold 87.8% of the outstanding Notes.
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