TESORO GOLD LTD — Fund Information / Factsheet 2014

Jun 12, 2014

CONTINUATION INVESTMENTS LIMITED

NET TANGIBLE ASSETS AS AT 31 May 2014

	31 MAY 2014
	Cents
Gross Tangible Asset backing1	7.52
Deferred tax asset on realised tax losses	-
NTA after tax on realised income/gains and/or losses	7.52
Deferred tax asset /(liability)on unrealisedpositions	-
NTA after tax on unrealisedgains and/or losses	7.52

1. Gross Tangible Asset Backing:

2. includes investments at current market value less associated selling costs

3. is before Deferred Tax Asset on realised tax losses

4. is before any Deferred Tax on unrealised investment gains/losses

Comments:

The Net Tangible Assets quoted above are based on unaudited financial accounts.

At the present time, the Company continues to actively examine various investment opportunities and holds predominantly cash assets. In addition to the net assets noted above, which equate to $1.494 million the Company also holds approximately $198,000 of cash to which it is not entitled, being unpresented cheques from past distributions. The Company earns interest on such unclaimed monies until they are claimed or passed to the relevant authorities, as unclaimed monies.

Sarah Smith Company Secretary

For further enquiries: (08) 9322 7600

______________ Continuation Investments Limited 945 Wellington Street WEST PERTH WA 6005 ABN 91 106 854 175 phone: (08) 9322 7600 fax: (08) 9322 7602 email: reception@grangeconsulting.com.au