Gold Reserve Announces Portugal Court Enters Judgment Against Venezuela Confirming Arbitration Award Valued in Excess of $1.1 Billion
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Gold Reserve Ltd. has secured a favorable judgment from the Lisbon Court of Appeal, confirming an arbitration award against Venezuela valued at over $1.1 billion.
February 24, 2025 | 12:45 pm
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Gold Reserve Ltd. has achieved a significant legal victory with the Lisbon Court of Appeal confirming an arbitration award against Venezuela, valued at over $1.1 billion.
The confirmation of the $1.1 billion arbitration award by the Lisbon Court is a major legal win for Gold Reserve Ltd. This development is likely to positively impact the company's stock price as it strengthens the company's financial position and prospects of recovering the awarded amount.
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