Abzu Gold Announces Extension of $2,000,000 Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Abzu Gold Ltd. (TSX VENTURE:ABS) ("Abzu" or the "Company") announces that the
TSX Venture Exchange has granted the Company an extension for the completion of
its non-brokered private placement financing (the "Private Placement"),
previously announced in its May 2, 2013 news release (the "Initial Release").
The Company successfully closed the first tranche of this private placement on
May 30, 2013 and expects to close the second tranche on July, 14, 2013. The
Private Placement remains on the same terms and conditions as set out in the
Initial Release, of 40,000,000 units at a price of $0.05, subject to regulatory
approval. The funds will be spent toward the advancement of the Nangodi
concession. 


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

David J. Price, President and CEO

Cautionary Statements

This news release does not constitute an offer to sell, or the solicitation of
an offer to buy, any securities in any jurisdiction; nor shall there be any sale
of securities in any state in the United States in which such offer,
solicitation or sale would be unlawful. The securities referred to herein have
not been, and will not be, registered under the United States Securities Act of
1933, as amended, and may not be offered or sold within the United States or to
or for the account or benefit of U.S. persons absent registration or an
applicable exemption from registration requirements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Abzu Gold Ltd.
David J. Price
President and CEO
604-398-5380
www.abzugold.com