Gold Reserve Announces Sale of Shares to 401(k) Plan
Share: Company") announces that it plans, subject to the approval of the TSX Venture Exchange (the " TSXV"), a non-brokered private placement to Rockne Timm, Doug Belanger and Robert McGuinness, (the " Plan Trustees"), as Trustees for the Gold Reserve Corporation 401(k) Savings Plan (the "401(k) Plan"), and James Coleman (the " Private Placement"). As previously announced, the Board of Directors recommended, and the Plan Trustees of the 401(k) Plan agreed, to use the cash contributions to the 401(k) Plan for retirement savings for U.S. based employees of the Company and its affiliates, to ac...
Source: benzinga.com