Abzu Provides Update on Non-Brokered Private Placement

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


Abzu Gold Ltd. ("Abzu" or the "Company") (TSX VENTURE:ABS) announces as a
follow-up to its news release dated July 12, 2013 that due to current market
conditions the second tranche of the non-brokered private placement financing
will not be completed at this time. The Company successfully closed the first
tranche of this private placement (the "First Tranche Private Placement") on May
30, 2013 and issued 20,000,000 units (the "Units") for gross proceeds of
$1,000,000. Each Unit is comprised of one common share (a "Share") of the
Company and one common share purchase warrant entitling the holder to purchase
one additional common share of the Company at a price of $0.10 per Share until
May 30, 2014. 


The proceeds from the First Tranche Private Placement will be used for the
advancement of the Company's Nangodi concession and for general corporate
purposes. For additional information on Abzu and its properties readers are
invited to visit the Company's web site (www.abzugold.com).


On behalf of the board of directors of

ABZU GOLD LTD.

David J. Price, President and CEO 

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.
David J. Price
President and CEO
604-398-5381