09:51 AM EST - Gold Reserve Inc. : Announced an agreement in principle with its largest noteholders representing 88% of its currently outstanding convertible notes to issue up to $12.3 million U.S. of new convertible notes due December 31, 2018 and modify, amend and extend the maturity date of its $44 million U.S. outstanding principal and accrued interest amount of previously modified notes from December 31, 2015 to December 31, 2018. The terms are binding subject to TSX Venture Exchange approval and negotiation and entry into definitive documents. Gold Reserve Inc.
shares V.GRZ are trading unchanged at $3.64.
