Gold Reserve appoints Mandated Lead Arrangers for Brisas Project debt financing for up to US$425 million

Client

Gold Reserve Inc.

Date

November 2006
On November 7, 2006, Gold Reserve Inc. announced the appointment of Corporacion Andina de Fomento, Export Development Canada, UniCredit Group and WestLB AG of Germany as Mandated Lead Arrangers to arrange up to US$425 million of project debt for the Brisas gold/copper project located in southeast Venezuela.

Fasken Martineau advised Gold Reserve on the Mandate Letter with a team comprised of Brian Wright and Chuck Higgins.