The TSX Venture Exchange has accepted for filing documentation relating to a mineral concession purchase agreement dated June 7, 2025, between Tesoro Minerals Corp. and an arm's-length party. Pursuant to the agreement, the company acquired a 100-per-cent interest in the Rumichaca and Cerror Macho mineral concessions, located in central Peru.

The consideration paid by the company was the following.

Consideration:  at closing (already issued), 1,425,000 common shares

The seller retained a 2-per-cent net smelter return royalty interest in the property, half of which (a 1-per-cent royalty) may be repurchased for a sum of $1-million.

For further details, please refer to the company's news releases dated July 8, 2025, and March 23, 2026.