Latest news with #Recommendation
The Australian
07-07-2025
- Sport
- The Australian
2025 Sir John Monash Stakes at Caulfield: Recommendation returns
Recommendation has undergone barrier re-education to help the out-of-sorts sprinter start sharper and regain form. Trained by Ciaron Maher, Recommendation burst onto the Melbourne winter circuit last year with a seven-length Group 3 Sir John Monash Stakes (1100m) demolition. He turned a blistering first-up performance into a Group 3 sprint hat-trick at Caulfield with subsequent wins in the Bletchingly Stakes and Heath Stakes. Recommendation competed solidly in higher grade last spring but then only battled abroad in the Hong Kong Sprint. • PUNT LIKE A PRO: Become a Racenet iQ member and get expert tips – with fully transparent return on investment statistics – from Racenet's team of professional punters at our Pro Tips section. SUBSCRIBE NOW! The five-year-old gelding returns to Caulfield third-up on Saturday to defend the Sir John Monash title after two lacklustre performances in Listed and Open company. Recommendation has not been as sharp out of the barriers this time in compared to electric starts last year. He missed the start a length at Flemington a fortnight ago and finished last of eight, beaten five lengths. Maher stable representative Leigh Allen said Recommendation had benefited from the barrier refresh. • Gilbert Gardiner's horses to follow, forgive from Flemington on Saturday 'We sent him to Julien Welsh's, had a bit of time there, and then had a piece of work (last Saturday),' Allen said. 'He'll have a little pop out on Tuesday and hopefully we're back on the right leg there. 'It's nothing bad (barrier manners), not that he's a rogue or anything, but he's missed the start and from there (he's on the back foot) as an on speed runner he needs to be thereabouts … as soon as he flops out of the barriers it's game over basically. 'We're hoping for an improved showing (in the Sir John Monash) … he'll then target races similar to last preparation.' • Revealed: Melbourne Cup set for major prizemoney boost Allen said Recommendation had taken a bit of time to get up to speed this year, following the Hong Kong trip last December. 'It probably did take a lot out of him going to Hong Kong because he had a really good prep this time of year … took him a while to get over that so we're trying to get him back in form,' Allen said. The Maher stable saddled a treble at Flemington last Saturday, including the emerging stayer Shockletz. • 'Awesome again': Stern Idol reigns supreme in Thackeray test Allen said Shockletz, a rising four-year-old daughter of Melbourne Cup winner Shocking, had the potential to advance to the spring. Shockletz has won three of her past five starts and just missed in a photo finish two back. 'She's only a little slight thing … it's all happened in a very short amount of time so she might not be one you quickly put into a good race,' Allen said. 'I'd imagine she'll have a reset (freshen up for spring).' Gilbert Gardiner Sports reporter Gilbert Gardiner is a sports reporter for the Herald Sun and Sunday Herald Sun. @gilbertgardiner Gilbert Gardiner
News.com.au
07-07-2025
- Sport
- News.com.au
Trainer Ciaron Maher makes a Recommendation for barrier re-education for out-of-sorts star
Recommendation has undergone barrier re-education to help the out-of-sorts sprinter start sharper and regain form. Trained by Ciaron Maher, Recommendation burst onto the Melbourne winter circuit last year with a seven-length Group 3 Sir John Monash Stakes (1100m) demolition. He turned a blistering first-up performance into a Group 3 sprint hat-trick at Caulfield with subsequent wins in the Bletchingly Stakes and Heath Stakes. Hong Kong Sprint. The five-year-old gelding returns to Caulfield third-up on Saturday to defend the Sir John Monash title after two lacklustre performances in Listed and Open company. Recommendation has not been as sharp out of the barriers this time in compared to electric starts last year. He missed the start a length at Flemington a fortnight ago and finished last of eight, beaten five lengths. Maher stable representative Leigh Allen said Recommendation had benefited from the barrier refresh. "It's daylight to the others." Recommendation returns in fine style & destroys his opposition in the G3 Sir John Monash Stakes ðŸ'¥ @cmaherracing @blake_shinn — (@Racing) July 13, 2024 'We sent him to Julien Welsh's, had a bit of time there, and then had a piece of work (last Saturday),' Allen said. 'He'll have a little pop out on Tuesday and hopefully we're back on the right leg there. 'It's nothing bad (barrier manners), not that he's a rogue or anything, but he's missed the start and from there (he's on the back foot) as an on speed runner he needs to be thereabouts … as soon as he flops out of the barriers it's game over basically. 'We're hoping for an improved showing (in the Sir John Monash) … he'll then target races similar to last preparation.' "They're not going to get to him." Recommendation becomes the third horse to complete Monash-Bletchingly double ðŸ'¥ @cmaherracing @blake_shinn — (@Racing) July 27, 2024 Allen said Recommendation had taken a bit of time to get up to speed this year, following the Hong Kong trip last December. 'It probably did take a lot out of him going to Hong Kong because he had a really good prep this time of year … took him a while to get over that so we're trying to get him back in form,' Allen said. The Maher stable saddled a treble at Flemington last Saturday, including the emerging stayer Shockletz. Shockletz responds to @HTCoffey 's urgings & claims Ant in the final bound in the Mahogany Challenge Final âš¡ï¸� @cmaherracing — (@Racing) July 5, 2025 Allen said Shockletz, a rising four-year-old daughter of Melbourne Cup winner Shocking, had the potential to advance to the spring. Shockletz has won three of her past five starts and just missed in a photo finish two back. 'She's only a little slight thing … it's all happened in a very short amount of time so she might not be one you quickly put into a good race,' Allen said. 'I'd imagine she'll have a reset (freshen up for spring).'
Yahoo
11-06-2025
- Business
- Yahoo
Updated Briefing and Discovery Schedule for CITGO Sale Hearing
PEMBROKE, Bermuda, June 11, 2025--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announces that the U.S. District Court for the District of Delaware (the "Court") issued an order adopting the following revised schedule for briefing and discovery deadlines proposed by the Special Master given the expiration of the Topping Period on June 18, 2025 and rescheduled start date for the Sale Hearing to August 18, 2025, as previously announced here. Event Deadline Deadline for the Special Master to submit his Final Recommendation July 2 Deadline to serve written discovery on the party (or parties) whose bid is selected as the Final Recommendation July 7 Opening expert reports due July 7 Deadline for the filing of any objections to the Special Master's Final Recommendation July 9 Deadline for any Competing Objector to disclose its own bid materials (such materials to be commensurate with those disclosed by the Special Master of the recommended bid) July 9 Deadline to serve written discovery on a Competing Objector July 11 Deadline to serve responses and objections for discovery requests served after the Final Recommendation July 15 Deadline to meet and confer regarding the scope of discovery to be produced in response to discovery requests served after submission of the Final Recommendation July 16 Deadline to serve witness disclosures pursuant to FRCP 26(a)(3) July 18 Deadline to notice witness depositions July 21 Deadline to serve responsive expert reports July 21 Deadline to complete document productions in response to discovery requests served before the submission of the Final Recommendation and substantially complete document productions in response to discovery requests served after the submission of the Final Recommendation July 22 Deadline to serve reply expert reports, if any July 25 Conclusion of the discovery period July 31 Deadline for the filing of responses to objections to the Special Master's Final Recommendation August 1 Deadline for the filing of replies regarding any objections to the Special Master's Final Recommendation August 8 Deadline for the filing of sur-replies to replies regarding any objections to the Special Master's Final Recommendation (only to the extent new arguments are raised in reply briefing) August 12 Deadline for the Special Master to submit Joint Status Report August 13 Deadline to disclose exhibits pursuant to FRCP 26(a)(3) August 13 Deadline to serve objections to FRCP 26(a)(3) exhibit disclosures August 15 Commencement of the Sale Hearing August 18 A copy of the Court's complete order can be found here. A complete description of the Delaware sale proceedings can be found on the Public Access to Court Electronic Records system in Crystallex International Corporation v. Bolivarian Republic of Venezuela, 1:17-mc-00151-LPS (D. Del.) and its related proceedings. Cautionary Statement Regarding Forward-Looking statements This release contains "forward-looking statements" within the meaning of applicable U.S. federal securities laws and "forward-looking information" within the meaning of applicable Canadian provincial and territorial securities laws and state Gold Reserve's and its management's intentions, hopes, beliefs, expectations or predictions for the future. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. They are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements contained in this press release include, but are not limited to, statements relating to any bid submitted by the Company for the purchase of the PDVH shares (the "Bid"). We caution that such forward-looking statements involve known and unknown risks, uncertainties and other risks that may cause the actual events, outcomes or results of Gold Reserve to be materially different from our estimated outcomes, results, performance, or achievements expressed or implied by those forward-looking statements, including but not limited to: the discretion of the Special Master to consider the Bid, to enter into any discussions or negotiation with respect thereto and that the Special Master may reject the Bid at any time; the Special Master may choose not to recommend a Base Bid or Final Bid to the Court; the failure of the Company to negotiate the Bid, including as a result of failing to obtain sufficient equity and/or debt financing; that Bid submitted by the Company will not be selected as the "Base Bid" or the "Final Recommend Bid" under the Bidding Procedures, and if selected may not close due to the Sale Process not being completed, including as a result of not obtaining necessary regulatory approval to close on the purchase of the PDVH shares, including but not limited to any necessary approvals from the U.S. Office of Foreign Asset Control ("OFAC"), the U.S. Committee on Foreign Investment in the United States, the U.S. Federal Trade Commission or the TSX Venture Exchange; failure of the Company or any other party to obtain any required shareholders approvals for, or satisfy other conditions to effect, any transaction resulting from the Bid; that the Company forfeit any cash amount deposit made due to failing to complete the Bid or otherwise; that the making of the Bid or any transaction resulting therefrom may involve unexpected costs, liabilities or delays; that, prior to or as a result of the completion of any transaction contemplated by the Bid, the business of the Company may experience significant disruptions due to transaction related uncertainty, industry conditions, tariff wars or other factors; the ability to enforce the writ of attachment granted to the Company; the timing set for various reports and/or other matters with respect to the Sale Process may not be met; the ability of the Company to otherwise participate in the Sale Process (and related costs associated therewith); the amount, if any, of proceeds associated with the Sale Process; the competing claims of other creditors of Venezuela, PDVSA and the Company, including any interest on such creditors' judgements and any priority afforded thereto; uncertainties with respect to possible settlements between Venezuela and other creditors and the impact of any such settlements on the amount of funds that may be available under the Sale Process; and the proceeds from the Sale Process may not be sufficient to satisfy the amounts outstanding under the Company's September 2014 arbitral award and/or corresponding November 15, 2015 U.S. judgement in full; and the ramifications of bankruptcy with respect to the Sale Process and/or the Company's claims, including as a result of the priority of other claims. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. For a more detailed discussion of the risk factors affecting the Company's business, see the Company's Management's Discussion & Analysis for the year ended December 31, 2024 and other reports that have been filed on SEDAR+ and are available under the Company's profile at Investors are cautioned not to put undue reliance on forward-looking statements. All subsequent written and oral forward-looking statements attributable to Gold Reserve or persons acting on its behalf are expressly qualified in their entirety by this notice. Gold Reserve disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, subject to its disclosure obligations under applicable rules promulgated by applicable Canadian provincial and territorial securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. For further information regarding Dalinar Energy, visit: For further information regarding Gold Reserve Ltd., visit or contact: View source version on Contacts Kathryn Houlden(441) 295-4653A.S. Cooper Building, 7th Floor, 26 Reid Street, Hamilton, HM 11, Bermudainvestorrelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-05-2025
- Business
- Yahoo
Delaware Court Further Extends Topping Period for Citgo Sale Process to June 18, 2025; Confirms Other Deadlines
PEMBROKE, Bermuda, May 31, 2025--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") announces that today the U.S. District Court for the District of Delaware (the "Court") issued an order that further extended the Topping Period for submitting bids for the purchase of the shares of PDVH, the indirect holding company of Citgo Petroleum, to June 18, 2025. The order granted a motion by the Venezuela Parties (Citgo Petroleum, PDVH, PDVSA and the Republic of Venezuela) to extend the Topping Period, which motion was supported by Vitol, Inc., Rusoro Mining Ltd., the Company, and the Special Master appointed by the Court to oversee the sale process. The Court also confirmed the following additional deadlines for the Sale Process: (a) the deadline for the Special Master to submit his Final Recommendation is June 27, 2025; (b) the deadline for the filing of any objections to the Special Master's Final Recommendation is July 3, 2025; (c) the deadline for the filing of responses to objections to the Special Master's Final Recommendation is July 11, 2025; (d) the deadline for the filing of replies regarding any objections to the Special Master's Final Recommendation is July 16, 2025; (e) the Special Master shall submit a Joint Status Report by July 16, 2025; (f) the discovery period shall conclude on July 18, 2025; and (g) the Sale Hearing shall commence on July 22, 2025. The Court also directed the Special Master to meet and confer with the parties regarding a schedule for discovery relevant to objections to the Special Master's Final Recommendation and file a proposed discovery schedule accounting for the extension of the Topping Period. A copy of the orders issued by the Court can be found here and here. A complete description of the Delaware sale proceedings can be found on the Public Access to Court Electronic Records system in Crystallex International Corporation v. Bolivarian Republic of Venezuela, 1:17-mc-00151-LPS (D. Del.) and its related proceedings. Cautionary Statement Regarding Forward-Looking statements This release contains "forward-looking statements" within the meaning of applicable U.S. federal securities laws and "forward-looking information" within the meaning of applicable Canadian provincial and territorial securities laws and state Gold Reserve's and its management's intentions, hopes, beliefs, expectations or predictions for the future. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. They are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements contained in this press release include, but are not limited to, statements relating to any bid submitted by the Company for the purchase of the PDVH shares (the "Bid"). We caution that such forward-looking statements involve known and unknown risks, uncertainties and other risks that may cause the actual events, outcomes or results of Gold Reserve to be materially different from our estimated outcomes, results, performance, or achievements expressed or implied by those forward-looking statements, including but not limited to: the discretion of the Special Master to consider the Bid, to enter into any discussions or negotiation with respect thereto and that the Special Master may reject the Bid at any time; the Special Master may choose not to recommend a Base Bid or Final Bid to the Court; the failure of the Company to negotiate the Bid, including as a result of failing to obtain sufficient equity and/or debt financing; that Bid submitted by the Company will not be selected as the "Base Bid" or the "Final Recommend Bid" under the Bidding Procedures, and if selected may not close due to the Sale Process not being completed, including as a result of not obtaining necessary regulatory approval to close on the purchase of the PDVH shares, including but not limited to any necessary approvals from the U.S. Office of Foreign Asset Control ("OFAC"), the U.S. Committee on Foreign Investment in the United States, the U.S. Federal Trade Commission or the TSX Venture Exchange; failure of the Company or any other party to obtain any required shareholders approvals for, or satisfy other conditions to effect, any transaction resulting from the Bid; that the Company forfeit any cash amount deposit made due to failing to complete the Bid or otherwise; that the making of the Bid or any transaction resulting therefrom may involve unexpected costs, liabilities or delays; that, prior to or as a result of the completion of any transaction contemplated by the Bid, the business of the Company may experience significant disruptions due to transaction related uncertainty, industry conditions, tariff wars or other factors; the ability to enforce the writ of attachment granted to the Company; the timing set for various reports and/or other matters with respect to the Sale Process may not be met; the ability of the Company to otherwise participate in the Sale Process (and related costs associated therewith); the amount, if any, of proceeds associated with the Sale Process; the competing claims of other creditors of Venezuela, PDVSA and the Company, including any interest on such creditors' judgements and any priority afforded thereto; uncertainties with respect to possible settlements between Venezuela and other creditors and the impact of any such settlements on the amount of funds that may be available under the Sale Process; and the proceeds from the Sale Process may not be sufficient to satisfy the amounts outstanding under the Company's September 2014 arbitral award and/or corresponding November 15, 2015 U.S. judgement in full; and the ramifications of bankruptcy with respect to the Sale Process and/or the Company's claims, including as a result of the priority of other claims. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. For a more detailed discussion of the risk factors affecting the Company's business, see the Company's Management's Discussion & Analysis for the year ended December 31, 2024, and other reports that have been filed on SEDAR+ and are available under the Company's profile at Investors are cautioned not to put undue reliance on forward-looking statements. All subsequent written and oral forward-looking statements attributable to Gold Reserve or persons acting on its behalf are expressly qualified in their entirety by this notice. Gold Reserve disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, subject to its disclosure obligations under applicable rules promulgated by the Securities and Exchange Commission and applicable Canadian provincial and territorial securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. View source version on Contacts For further information regarding Dalinar Energy, visit: further information regarding Gold Reserve Ltd., visit or contact:Kathryn Houlden(800) 625-9550Rosebank Centre, 5th Floor, 11 Bermudiana Road, Pembroke HM 08, Bermuda investorrelations@ Sign in to access your portfolio
