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TESORO GOLD LTD Capital/Financing Update 2006

Aug 9, 2006

65957_rns_2006-08-09_126021de-1761-41bb-9a6c-b81b50e59f68.pdf

Capital/Financing Update

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vantiyk Three Miller

$TO1$ COMPANY ANNOUNCEMENTS OFFICE

COMPANY: AUSTRALIAN STOCK EXCHANGE LIMITED

FROM: VAN EYK THREE PILLARS LIMITED

DATE: 10 AUGUST 2006

NO. OF PAGES: 1

Share Purchase Plan

Subject to confirmation of cleared funds, the number of shares to be allotted to participants in the recent Share Purchase Plan will be approximately 2.6 million ordinary shares.

Allotment of shares is expected to occur Tuesday 15 August 2006.

P. Roberts Company Secretary