Abzu Gold Ltd. announced the appointment of Mr. Tarek Damerji to the Board of Directors. Mr. Damerji will be replacing Mr. Brian Ticcioni, who has resigned from the Board of Directors. Mr. Damerji 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.

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.