Gold Reserve Successfully Overcomes Rusoro Mining Ltd.’s Motion to Dismiss in Court of Chancery Proceedings
Gold Reserve Ltd. said the Delaware Court of Chancery dismissed five of its six claims against Rusoro Mining Ltd., but allowed its breach of contract claim to proceed. The dispute stems from a consortium agreement tied to a judicial sale bid for PDVH shares. The court found Gold Reserve sufficiently alleged confidentiality and commercially reasonable efforts breaches.

