Abzu Gold Ltd. ("Abzu" or the "Company") (TSX VENTURE:ABS)(OTCQX:ABZUF) is
pleased to announce, pursuant to the provisions of its 2010 Incentive Stock
Option Plan, the Board of Directors has approved the grant of incentive stock
options to Mr. Timothy McCutcheon in connection with his appointment as CEO of
the Company to purchase up to an aggregate of 500,000 common shares in the
capital stock of the Company. The options are exercisable on or before June 14,
2017 at a price of $0.19 per share.


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

Gordon Neal, Chairman

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