Michael Johnston - Jan 1, 2025 Form 3 Insider Report for GOLD RESERVE LTD (GDRZF)

Role
Director
Signature
/s/ Brent E. Binge, Attorney-in-Fact for J. Michael Johnston
Stock symbol
GDRZF
Transactions as of
Jan 1, 2025
Transactions value $
$0
Form type
3
Date filed
2/3/2025, 07:21 PM
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GDRZF Common Shares 10.1M Jan 1, 2025 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GDRZF Stock Option (right to buy) Jan 1, 2025 Common Shares 195K $1.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Shares reported on this Form 3 are beneficially held by Steelhead Navigator Master, L.P. ("Steelhead Navigator") and another client account (together with Steelhead Navigator, the "Client Accounts"). Steelhead Partners, LLC is the investment manager of the Client Accounts and Mr. Johnston is a portfolio manager at Steelhead Partners, LLC. Mr. Johnston may be deemed to beneficially own the Common Shares owned by the Client Accounts insofar as he may be deemed to have the power to direct the voting or disposition of such Common Shares. Mr. Johnston expressly disclaims any beneficial ownership in the Common Shares, except to the extent of his pecuniary interests therein.

Remarks:

See Exhibit 24 - Power of Attorney