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UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA

GOLD RESERVE INC.,

Petitioner,

v.

BOLIVARIAN REPUBLIC OF
VENEZUELA,

Respondent.

Civil Action No. 14-2014 (JEB)

ORDER

As set forth in the accompanying Memorandum Opinion, the Court ORDERS that:

  1. Respondent's Motion to Dismiss or in the Alternative to Stay Enforcement is DENIED;
  2. Petitioner's Petition to Confirm Arbitration Award is GRANTED;
  3. The Award of the Arbitral Tribunal is CONFIRMED; and
  4. Judgment for Gold Reserve Inc. is ENTERED in the amount of $713,032,000.00, plus (i) pre-award interest from April 14, 2008, to September 22, 2014 (the date of the Award) at the United States Government Treasury Bill Rate, compounded annually, in the amount of $22,299,576, (ii) post-award interest on the total amount awarded, inclusive of pre-award interest, at a rate of LIBOR plus 2%, compounded annually, from September 22, 2014, until payment in full; and (iii) the $5 million in legal fees and costs awarded by the Tribunal.

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SO ORDERED.

Date: November 20, 2015

/s/ James E. Boasberg

JAMES E. BOASBERG

United States District Judge