Feb 29 (Reuters) - Gold Reserve Inc GRZ.V :
* Enters into memorandum of understanding with the government of Venezuela to
settle Gold Reserve's arbitration award and jointly develop the Brisas and
Las Cristinas projects
* Under terms proposed by MOU, venezuela to proceed to pay award including
accrued interest, enter transactional and mixed company agreements
* Source text for Eikon ID:nBw6f52dla
* Further company coverage GRZ.V