ABS

Abzu Gold Ltd. (TSX VENTURE:ABS)(OTCQX:ABZUF) ("Abzu") is pleased to announce
that Mr. Tim McCutcheon has been appointed as CEO and Director of the Company,
effective immediately. 


Tim McCutcheon is a finance professional with over 16 years in international
business experience, primarily in the precious metals sector in Eurasia. Most
recently he was CEO of Ovoca Gold PLC, a London-listed company with gold
exploration assets in Russia. Tim worked in multiple financial institutions such
as Bear Stearns, Aton Capital and Pioneer Investments as an award-winning metals
and mining sector analyst and as an investment banker. He also was a
founder/partner of DBM Capital Partners Ltd, a leading precious metals boutique
finance institution which managed the largest Russia-based gold fund, and was
advisor to multiple international and domestic precious metals companies active
in Russia's mining sector. 


Tim has a BA and MBA from Columbia University, New York, USA. 

Mr. McCutcheon commented "I am extremely excited about becoming the CEO of Abzu,
as the Company's projects have world-class potential and are in a great
jurisdiction for gold exploration and mine development. Additionally, the people
behind the Company have solid track records for advancing gold projects through
to production. I believe gold is set to be the premier asset class for investors
globally, and I will strive to make Abzu an ideal instrument for gold-focused
investors". 


Gordon Neal, Abzu's Chairman, commented "Tim brings a great deal of market depth
to the role of CEO at Abzu. He is a hands-on professional who has a record of
past success in the mining sector. Under his leadership we see positive growth
prospects for Abzu Gold".


Allan Serwa, Abzu's founder has stepped down as the Company's CEO but will
remain as Abzu's chief liaison and land manager in Ghana. Mr. Serwa's extensive
experience with government and local leaders will continue to strongly support
the Company's activities in Ghana and the surrounding West Africa region. 


For further information please visit www.abzugold.com

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

Gordon Neal, Chairman

This news release contains certain forward-looking statements, and such
statements involve risks and uncertainties. The results or events predicted may
differ materially from actual results or events. Any forward-looking statement
speaks only as of the date of this news release. Except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information,
future events or results, or any other occurrence.

Abzu Gold Ltd. (TSXV:ABS)
Historical Stock Chart
From Jun 2024 to Jul 2024

Abzu Gold Ltd. (TSXV:ABS)
Historical Stock Chart
From Jul 2023 to Jul 2024