VANCOUVER, British Columbia, March 23, 2026 (TSX-V: TES) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce that it has successfully completed the acquisition of the Rumichaca and Cerro Macho properties from Globetrotters Resource Group Inc. (“Globetrotters”) which was previously announced on July 8, 2025 (the “Transaction”).

The Transaction was completed pursuant to the terms of an agreement dated July 7, 2025, under which the Company acquired 100% interest in two prospective epithermal gold exploration projects in Peru. The consideration provided by the Company to Globetrotters includes the issuance of 1,425,000 common shares (“Common Shares”) of Tesoro at a deemed price of $0.08 per Common Share for an aggregate value of $114,000 and a 2% Net Smelter Return royalty (NSR) to Globetrotters; Tesoro may repurchase 1% of the NSR for $1,000,000 at any time prior to the completion of a Feasibility Study.

Vancouver, BC – February 4, 2026– Tesoro Minerals Corp. (“Tesoro” or the “Company”) is pleased to announce that its previously disclosed non-brokered private placement (the “Offering”), originally announced on December 22, 2025, has been oversubscribed. In response to the demand, the Company increased the size of the Offering, which closed today consisting of the sale of an aggregate of 7,112,500 common shares (each a “Shares”) at a price of $0.08 per Share, for aggregate gross proceeds of $569,000, all amounts in Canadian dollars.

Vancouver, BC – December 22, 2025– Tesoro Minerals Corp. (“Tesoro” or the “Company”) is pleased to provide an update on its previously announced acquisition of the Rumichacha and Cerro Macho mineral properties (the “Property”) located in Peru (see news release dated July 8, 2025) and to announce a $500,000 non-brokered private placement financing to support ongoing exploration and corporate activities.

VANCOUVER, British Columbia, July 8, 2025 (TSX-V: TES) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce it has signed a definitive agreement with Globetrotters Resource Group Inc. (“Globetrotters”) to acquire a 100 % interest in the Rumichaca and Cerro Macho epithermal gold-copper projects in south-central Peru.

“These acquisitions pivot Tesoro toward high-impact gold–copper discovery in one of Peru’s least explored belts,” said Scott McLean, CEO. “We will focus our exploration budget on Rumichaca and Cerro Macho while advancing the planned divestiture of our non-core concession applications in the Piura Region.”

(Not for distribution to United States newswire services or for dissemination in the United States of America)

June 26, 2025 (TSX Venture Exchange: TES) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce that it has received approval of shareholders (“Shareholders”) of the Company at its Annual and Special General Meeting held on Tuesday, June 24, 2025 of the previously announced consolidation of the issued and outstanding common shares (“Common Shares”) of the Company at a ratio of four (4) pre-consolidation Common Shares for one (1) post-consolidation Common Shares (the “Consolidation”). The Consolidation is subject to approval TSX Venture Exchange (the “Exchange”). Upon approval of the Exchange, the Common Shares of the Company will trade on a consolidated basis commencing at market open on June 30, 2025 under Exchange symbol “TES” (CUSIP: 88160V201; ISIN: CA88160V2012).

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May 26, 2025 (TSX Venture Exchange: TES) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce the details of a proposed consolidation of its common shares on a ratio of one (1) post-consolidation share for every four (4) pre-consolidation share (the “Proposed Consolidation”).

Management believes that the Proposed Consolidation is in the best interest of the Company and will allow the Company greater possibilities with respect to future financings. The Proposed Consolidation is subject to approval TSX Venture Exchange (the “Exchange”) as well as by the shareholders (“Shareholders”) of the Company at its Annual and Special General Meeting to be held on Tuesday, June 24, 2025 (the “Meeting”). 

August 23, 2024 (TSX Venture: TES) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce that the private placement offering, initially disclosed on July 25, 2024 (the "Offering"), has been oversubscribed. In response to the demand, the Company has decided to upsize the Offering. The Offering closed today consisting of the sale of 19,965,000 Shares at a price of $0.02 per share, raising aggregate gross proceeds of $399,300.00 all in Canadian dollars (CAD$).

(Not for distribution to United States newswire services or for dissemination in the United States of America)

July 25, 2024, Vancouver, British Columbia - Tesoro Minerals Corp., (TSXV: TES) ("Tesoro" or the "Company") is pleased to announce it intends to complete a non-brokered private placement (the "Private Placement") for gross proceeds of up to $350,000 through the sale of up to 17,500,000 common shares (the "Shares") at a price of $0.02 per share (all dollar amounts in Canadian dollars).

June 21, 2024, Vancouver, British Columbia - Tesoro Minerals Corp., (TSXV: TES) (“Tesoro” or the “Company”) is please to announce the results of its recent annual general and special meeting of shareholders (“Shareholders”) held on June 19, 2024 (the “Meeting”). The Shareholders of the Company approved the slate of director presented and the adoption of the Company’s new Omnibus Equity Incentive Compensation Plan (the “Omnibus Plan”).

(Not for distribution to United States newswire services or for dissemination in the United States of America)

March 28, 2024 (TSX Venture: TES) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce that the private placement offering, initially disclosed on February 21, 2024 (the "Offering"), has been oversubscribed. In response to the demand, the Company has decided to upsize the Offering. The Offering closed today consisting of the sale of 12,645,000 common shares (each a “Share”) at a price of $0.025 per Share, raising aggregate gross proceeds of $316,125.00, all in Canadian dollars (CAD$).

In connection with the Offering, the Company paid a 6% cash finder’s fee in the amount of $18,967.50 to Haywood Securities Inc. in respect of subscribers introduced to the Company.

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February 21, 2024, Vancouver, British Columbia - Tesoro Minerals Corp., (TSXV: TES) ("Tesoro" or the "Company") in accordance with TSX Venture Exchange regulations and in response to market conditions, Tesoro ("Tesoro" or the "Company") has adjusted the pricing of its non-brokered private placement initially set forth on February 13, 2024. The Company is now offering up to 12,000,000 common shares (the "Shares") at a revised price of $0.025 per share, for gross proceeds of up to $300,000 CAD.

(Not for distribution to United States newswire services or for dissemination in the United States of America)

February 13, 2024, Vancouver, British Columbia - Tesoro Minerals Corp., (TSXV: TES) ("Tesoro" or the "Company") is pleased to announce it intends to complete a non-brokered private placement (the "Private Placement") for gross proceeds of up to $300,000 through the sale of up to 15,000,000 common shares (the "Shares") at a price of $0.02 per share (all dollar amounts in Canadian dollars). The Shares, will be subject to a four-month restricted resale period in accordance with the policies of the TSX Venture Exchange ("TSXV") and applicable securities laws.

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May 29, 2023 (TSX Venture: TES) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce that the private placement offering, initially disclosed on May 5, 2023 (the "Offering"), has been oversubscribed. In response to the demand, the Company has decided to upsize the Offering. The Offering closed today consisting of the sale of 12,000,000 Shares at a price of $0.025 per share, raising aggregate gross proceeds of $300,000.00, all in Canadian dollars (CAD$).

(Not for distribution to United States newswire services or for dissemination in the United States of America)

May 5, 2023 (TSX Venture: TES) – Due to current market conditions, Tesoro Minerals Corp., (“Tesoro” or the “Company”) has re-priced the non-brokered private placement offering (the “Offering”) previously announced on April 5, 2023. With the adjustment, the Company intends to now issue up to 10,000,000 common shares at a price of $0.025 for aggregate gross proceeds of approximately C$250,000.00.

(Not for distribution to United States newswire services or for dissemination in the United States of America)

April 5, 2023 (TSX Venture: TES) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce a non-brokered private placement offering (the “Offering”) of up to 7,142,857 common shares at a price of $0.035 for aggregate gross proceeds of C$250,000.00.

August 20, 2021 (TSX Venture: “TES”) – Tesoro Minerals Corp., (“Tesoro” or the “Company”) is pleased to announce that it has completed its previously announced non-brokered private placement financing (the “Private Placement”) raising aggregate gross proceeds of $250,000 by the issuance of 5,000,000 units (a “Unit”) at $0.05 per Unit (all dollar amounts in CAD$). Each Unit consists of one common share (a "Share") and one transferable common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share at a price of $0.10 per Share for a period of two years from the date hereof.