Abzu Gold Announces Update to Stonehouse Investment Proposal
18.09.2012 | Marketwire
VANCOUVER, Sept. 18, 2012 - Abzu Gold (TSX VENTURE:ABS) (OTCQX:ABZUF) ("Abzu" or "Company") announces that, further to its news release of July 23, 2012, it has adjourned its Special Meeting of Shareholders that was to be held on September 6th as a result of its ongoing negotiations with Stonehouse Construction Pte Ltd. ("SHC") regarding the terms of SHC's strategic investment in the Company.The Company now plans on holding a combined Special and Annual General Meeting of Shareholders (the "Meeting") on Wednesday, October 31st at which time it will, among other things, request shareholder approval to the creation of a new control person. Upon conclusion of the negotiations with SHC, the revised terms of SHC's strategic investment in the Company will be disclosed in a subsequent news release and included in an Information Circular to be mailed to all shareholders of the Company in connection with the Meeting.
On behalf of the board of directors of ABZU GOLD LTD.
Tim McCutcheon
Chief Executive Officer
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.
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Contact
Abzu Gold Limited
Tim McCutcheon, Chief Executive Officer
604-638-3288