TESORO GOLD LTD — Fund Information / Factsheet 2014

Nov 13, 2014

C onti n uatio n Inv e stme n ts Li m ited

NE T TANGIB L E ASSETS A S AT 31 O C TOBER 2014

C A PITAL STR U CTURE

	31 OCTO BER 2014
	C ents
GrossT angible Ass et backing1	6 .88
Deferre d tax asseto n realisedt ax losses	-
NTAa losses fter tax o n realised income/gain s and/or	6 .88
Deferre position d tax ass s et / (liabi lity) onu nrealised	-
NTA af ter tax onu nrealised ga ins and/orl osses	6 .88

1. Gross T a ngible Ass e t Backing:

2. include s investmen t s at curren t market val u e less asso c iated sellin g costs

S h ares: 19.86m O p tions: 2.25 m C a sh: $1.02m ( O ct 2014) D e bt: Nil

B O ARD & M A NAGEME N T

M r Jeremy Kin g C h airman

M r Andrew W o rland N o n-Executive Director

M r David Chu r ch N o n-Executive Director

M s Sarah Smit h C o mpany Secr e tary

• is befor e Deferred T ax Asset on realised ta x losses

• is befor e any Defer r ed Tax on u nrealised i n vestment g a ins/losses

Comme n ts:

R E GISTERED O FFICE 9 4 5 Wellingto n Street W est Perth W A 6005

The Ne t Tangible A ssets quote d above are b ased on un a udited fina n cial accou n

Please n ote that in a ddition to t he net asse t s noted above, which e q uate to $1.366 million t he Compa n y also hold s approxima t ely $206,0 0 0 of cash t o which it is not entitled , being unp r esented ch e ques from p ast distrib u tions. The C ompany e a rns interest on such u nclaimed m onies unti l they are claimed or passed to the relevan t authoritie s , as unclai m ed monies. Further, the Gross Tangible Asset Backin g includes t h e US$300,000 minori t y equity i n vestment m ade into T he Biofusi o nary Corp o ration Ltd, a privatel y held US b ased med i cal technology compan y .

As part of the no r mal cours e , the Company conti n ues to assess invest m ent opportunities with a view to in c reasing shareholder va l ue.

C O NTACT DE T AILS T e l: +61 8 932 2 7600 F a x: +61 8 932 2 7602

S H ARE REGIS T RY A u tomic Regis t ry Services 7 V entnor Ave n ue W est Perth W A 6005

A S X CODE C O T

For and on behalf o f the Board

Jeremy K ing Chairm a n