tradingkey.logo

Gold Reserve moves to disqualify judge, advisers in Citgo parent auction

ReutersOct 10, 2025 12:56 PM

- Toronto-listed Gold Reserve GRZ.V has filed motions to disqualify two firms advising a Delaware court in an auction of shares in the parent of Venezuela-owned Citgo Petroleum, as well as a court officer and the judge overseeing the process.

The miner, one of 15 creditors lining up to cash proceeds from the auction, said on Friday it had also requested a temporary stay of all decisions concerning any bids submitted in the sale process pending resolution of its disqualification motion.

"Gold Reserve is seeking full transparency on these issues for its shareholders," it said in a release.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI