Gold Reserve asks US court to proceed to sale hearing in Citgo auction

HOUSTON, Aug 11 (Reuters) - Toronto-listed miner Gold Reserve GRZ.V has asked a U.S. federal court to proceed to the final sale hearing that will decide the winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a filing.

Gold Reserve's request was filed on Monday, following a notification last week about a competing offer by an unidentified bidder. A $7.4 billion bid by a group led by a subsidiary of the miner was recommended last month as the winner of the bidding round, but the judge in Delaware must still decide whether to approve it.