Abzu Completes Share Consolidation

Abzu Gold Ltd. (TSX VENTURE:ABS) ("Abzu" or the "Company") announces that it has
received TSX Venture Exchange approval for its 10:1 share consolidation
announced June 9, 2014. The Company's shares will trade on a post-consolidated
basis effective Monday, July 21, 2014. There is no change in the trading symbol
for Abzu. The new CUSIP number will be 00400M206.


No fractional shares will be issued under the share consolidation. Instead, all
fractional shares resulting from the consolidation of less than one-half will be
rounded down to the nearest whole number, and of one-half or greater will be
rounded up to the nearest whole number. 


Letters of transmittal describing the process by which shareholders may obtain
new certificates representing their consolidated common shares will be mailed
shortly to registered shareholders. Shareholders holding their shares through a
broker or other intermediary and consequently not having shares registered in
their name will not be required to complete a letter of transmittal. 


Following consolidation and subject to rounding, the Company will have
10,890,812 issued and outstanding common shares. All outstanding incentive stock
options and share purchase warrants will be adjusted accordingly to reflect the
share consolidation.


On behalf of the board of directors of ABZU GOLD LTD.

Bob Baxter, CEO & President

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Abzu Gold Ltd.
Bob Baxter
CEO & President
604.398.5383
604.398.5387 (FAX)
info@abzugold.com
www.abzugold.com

Abzu Gold Ltd. (TSXV:ABS)
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