Abzu Announces Share Consolidation

Abzu Gold Ltd. (TSX VENTURE:ABS) ("Abzu" or the "Company") announces that its
Board of Directors has approved a consolidation of the Company's issued share
capital on the basis of ten (10) common shares for one (1) new share of the
Company. Abzu currently has 108,908,116 common shares outstanding and will have
10,890,812 common shares outstanding after completion of the consolidation,
subject to rounding up and the elimination of any fractional shares resulting
from the share consolidation. 


The Board of Abzu anticipates the consolidation will provide the Company with
increased flexibility to seek additional financing opportunities. Abzu will not
be changing its name or its trading symbol in conjunction with the proposed
consolidation.


The consolidation is subject to TSX Venture Exchange acceptance. 

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)
[e-mail]
www.abzugold.com