13D Filing: Greywolf Capital Management and Gold Reserve Inc. (GDRZF)

Item 6.  Contracts, Arrangements, Understandings Or Relationships With Respect To Securities Of the Issuer

This Amendment amends and supplements Item 6 of the Prior Schedule 13D to report that:

On July 14, 2017, the Greywolf Funds redeemed for cash an aggregate $10,174,767 principal amount of Convertible Notes.

On August 10, 2017, the Greywolf Funds redeemed or converted, as applicable, their remaining $11,701,341 principal amount of Convertible Notes as follows: Greywolf Event Driven redeemed $2,971,011 principal amount of Convertible Notes for cash in the amount of $4,277,011; Greywolf Overseas Intermediate converted $2,258,964 principal amount of Convertible Notes for 752,988 Shares; MSP9 converted $5,315,750 principal amount of Convertible Notes for 1,771,916 Shares; and MSP5 converted $1,155,616 principal amount of Convertible Notes for 385,205 Shares.  As of the date of this filing, the Greywolf Funds no longer hold any Convertible Notes.