New Shares Issued Announcement: - Gold Reserve Ltd – Ordinary Shares

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Hamilton, Bermuda: February 27, 2026- The Bermuda Stock Exchange announces the Issuance of new shares as follows:

· Name of Issuer: - Gold Reserve Ltd.

· Description of Securities: - Ordinary shares of US$3.00

· Nominal Amount of Securities: - 24,999,999 ordinary shares

· Listing Classification: - Section IIIA - Equity Securities - International

· Method of Listing: - Issued under private placement financing

· Date of Admission to Share Register: - February 27, 2026

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