Gold Reserve Leads Citgo Auction with Strategic Bid - EnergiesNet

Gold Reserve Leads Citgo Auction with Strategic Bid - EnergiesNet

Canadian Gold Reserve Enters Citgo Auction with Confidential Bid to Set Starting Price Seher Dareen and Marianna Parraga, Reuters HOUSTON EnergiesNet.com 03 11 2025 Canadian miner Gold Reserve (GRZ.V) said on Monday that a subsidiary has submitted an offer that could be selected as the starting bid in a court-organised auction of shares in Venezuela-owned PDV Holding,

The Canadian mining company Gold Reserve said on Monday that a subsidiary submitted an offer that could be selected as an initial offer at an auction organized by the PDV Holding stock court, owned by Venezuela, the Citgo Petroleum matrix. Most creditors at an auction last year rejected an offer [...] The Gold Reserve ticket makes a preliminary offer to acquire shares of Citgo's matrix was first published in Information Focus.