Abzu Gold Ltd.

Abzu Gold Ltd.

July 10, 2013 09:15 ET

Abzu Gold Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 10, 2013) - Abzu Gold Ltd. ("Abzu" or the "Company") (TSX VENTURE:ABS) 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 before returning to the Middle East and becoming one of the founders of Bayt.com. After helping grow the business into the Middle East's leading online recruiter with over 150 employees operating in six different countries, Tarek sold his interest in Bayt to a leading US based Private Equity firm, and founded Wajehat, a company that specialised in the design, engineering and project management of Facades for buildings, utilizing an innovative outsourcing model for the fabrication and installation of advanced skins for buildings. After selling a controlling stake in Wajehat, Tarek became the Special Projects Director for the Al Habtoor Leighton Group (HLG), the biggest multi-disciplinary contracting group in the Middle East, with projects in Civil, Infrastructure, Power, Oil and Gas. Part of his responsibilities includes the evaluation of new technologies and innovations related to the company's operations, as well as the seeking of new opportunities for the firm. He is also on the Board of Directors for Stonehouse Construction Pte. Ltd., a contracting company based out of Singapore taregeting Mining, Civil, Infrastructure and Oil and Gas projects.

Mr. Damerji will be replacing Mr. Brian Ticcioni, who has resigned from the Board of Directors.

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.

Contact Information

  • Abzu Gold Ltd.
    David J. Price
    President and CEO