Gold Reserve Ltd. Challenges Amber Energy's Bid in CITGO Sale Process

Reuters

09/03

Gold Reserve Ltd. Challenges Amber Energy's Bid in CITGO Sale Process

Gold Reserve Ltd. has announced its participation in the CITGO Sale Process, filing a Notice of Competing Objection to challenge the $2 billion Amber Energy bid. The company intends to present its Improved Bid to the U.S. District Court for the District of Delaware, seeking approval over the lower-priced offer. The proceedings are part of the ongoing case involving Crystallex International Corporation and the Bolivarian Republic of Venezuela.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gold Reserve Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250902446611) on September 03, 2025, and is solely responsible for the information contained therein.

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Challenges Amber Energy's Bid in CITGO Sale Process","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Gold Reserve Ltd. Challenges Amber Energy's Bid in CITGO Sale Process\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Gold Reserve Ltd. has announced its participation in the CITGO Sale Process, filing a Notice of Competing Objection to challenge the $2 billion Amber Energy bid. The company intends to present its Improved Bid to the U.S. District Court for the District of <a href=\"https://laohu8.com/S/VMM\">Delaware</a>, seeking approval over the lower-priced offer. 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Challenges Amber Energy's Bid in CITGO Sale Process\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-09-03 08:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Gold Reserve Ltd. Challenges Amber Energy's Bid in CITGO Sale Process\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Gold Reserve Ltd. has announced its participation in the CITGO Sale Process, filing a Notice of Competing Objection to challenge the $2 billion Amber Energy bid. The company intends to present its Improved Bid to the U.S. District Court for the District of <a href=\"https://laohu8.com/S/VMM\">Delaware</a>, seeking approval over the lower-priced offer. The proceedings are part of the ongoing case involving Crystallex International Corporation and the Bolivarian Republic of Venezuela.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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