VANCOUVER, 06/14/12 -
Abzu Gold Ltd. ("Abzu" or the "Company") (TSX VENTURE: ABS) (OTCQX: ABZUF) is pleased to announce, pursuant to the provisions of its 2010 Incentive Stock Option Plan, the Board of Directors has approved the grant of incentive stock options to Mr. Timothy McCutcheon in connection with his appointment as CEO of the Company to purchase up to an aggregate of 500,000 common shares in the capital stock of the Company. The options are exercisable on or before June 14, 2017 at a price of $0.19 per share.
On behalf of the board of directors of ABZU GOLD LTD.
Gordon Neal
Chairman
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.
Contacts:Abzu Gold Ltd.Gordon Neal, Chairman
604-638-3288