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TESORO GOLD LTD Capital/Financing Update 2004

Jan 22, 2004

65957_rns_2004-01-22_16c92781-a6b2-4b00-afd3-a4af478b61b7.pdf

Capital/Financing Update

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MARKET RELEASE

$23$ January $2004$

van Eyk Three Pillars Limited

ADMISSION TO OFFICIAL LIST

van Eyk Three Pillars Limited was admitted to the Official List of Australian Stock Exchange Limited on Thursday, 22 January 2004.

Official Quotation of the following securities will commence at 11.00 am E.D.S.T. on Wednesday, 28 January 2004.

49,594,826 ordinary shares fully paid issued at \$1.00 per share 49,594,825 options to acquire ordinary shares with an exercise price of \$1.00 exercisable on or before 19 May 2005

Security Code:

VTP - ordinary shares VTPO - options

Richard Hoque