Abzu Gold announces the resignation of Mr. Wilson Soon as Chief Financial Officer of the Company. While the Company continues to interview candidates as successor to Mr. Wilson, Mr. Leonard Buerk will serve as Acting Chief Financial Officer in a temporary capacity. The Company would like to thank Mr. Wilson for his contributions to the Company and [...]
Abzu Gold announces that it has entered into debt settlement agreements to settle significant debts of the Company and improve the financial position of the Company. The Company will be settling a total of $1,828,166.86 debt in exchange for 15,028,652 shares of the Company, including 12,611,136 to certain related parties. The settlement of debt [...]
Abzu Gold announces that it has received TSX Venture Exchange approval for its 10:1 share consolidation announced June 9, 2014. The Company's shares will trade on a post-consolidated basis effective Monday, July 21, 2014. There is no change in the trading symbol for Abzu. The new CUSIP number will be 00400M206. No fractional shares will be issued [...]
Abzu Gold 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 [...]
Abzu Gold is pleased to announce the completion of its maiden National Instrument (NI) 43-101 Technical Report and Mineral Resource Estimate on the Nangodi Gold Project located in the Upper East Region of Northern Ghana. Bob Baxter, CEO of Abzu, commented: "We are very pleased to announce our maiden resource estimate on our Nangodi Gold Project in [...]
Abzu Gold and its subsidiary Abzu Resources Ghana Limited, announces that it has entered into a termination and release agreement with Red Back Mining Ghana Limited dated January 31, 2014, pursuant to which the ten option agreements entered into with Red Back on June 24, 2011 have been terminated. Bob Baxter, President and CEO commented, "Now [...]
Abzu Gold is pleased to announce the appointment of Mr. Robert Baxter as President, Chief Executive Officer and a director of the Company. Mr. Baxter has over 25 years of experience in the mining industry. Mr. Baxter was the President, Chief Operating Officer and a director of Norsemont Mining Inc. until April 2011 following the completion of its [...]
Abzu Gold announces that David Price is no longer the Chief Executive Officer and President of the Company. The Company is in the process of finalizing the appointment of his replacement and expects to make an announcement in the coming week. The Board of Directors thanks Mr. Price for his contributions to the Company and wishes him well in his [...]
Abzu Gold 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 [...]
Abzu Gold announces as a follow-up to its news release dated June 25, 2013 that the TSX Venture Exchange has granted the Company a further extension for the completion of its non-brokered private placement financing, previously announced in its May 2, 2013 news release. The Company successfully closed the first tranche of this private placement on [...]
Abzu Gold announces the appointment of Mr. Tarek Damerji to the Company's Board of Directors. Mr. Damerji graduated from McGill University in Montreal with a double Major in Economics and Political Science and worked in Corporate Finance for the Toronto Dominion Bank, managing loan and financial portfolios for some of Canada's largest companies [...]
Abzu Gold announces that the TSX Venture Exchange has granted the Company an extension for the completion of its non-brokered private placement financing, previously announced in its May 2, 2013 news 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 [...]
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