Announcement PDF ASX ANNOUNCEMENT 31 January 2022 ASX: TSO | ACN 106 854 175 Upcoming Release from Escrow Tesoro Resources Limited (Tesoro or the Company) (ASX: TSO, OTCQB: TSORF) advises that pursuant to ASX Listing Rule 3.10A the following securities will be released from escrow on 7 February 2022. The Company will apply for quotation for the Fully Paid Ordinary Shares in due course.     102,193,613 Fully Paid Ordinary Shares 50,060,000 Class B Performance Rights 20,030,000 Class C Performance Rights 20,030,000 Class D Performance Rights Authorised by the Board of Tesoro Resources Limited. For more information, please contact: Zeff Reeves Managing Director zeff.reeves@tesororesources.com.au About Tesoro Resources Peter Taylor Investor Relations Peter@nwrcommunications.com.au 0412 036 231 Tesoro Resources Limited was established with a strategy of acquiring, exploring, and developing mining projects in the Coastal Cordillera region of Chile. The Coastal Cordillera region is host to multiple world class copper and gold mines, has well established infrastructure, service providers and an experienced mining workforce. Large areas of the Coastal Cordillera remain unexplored due to the unconsolidated nature of mining concession ownership, but Tesoro, via its in-country network and experience has been able secure rights to a district scale gold project in-line with the Company’s strategy. Tesoro’s 95% owned Chilean Subsidiary owns 85% of the El Zorro Gold Project. 1 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au