Tesoro Minerals Corp. Announces Shares for Debt Transaction

Tesoro Minerals Corp. (the "Company") (TSX VENTURE:TES) announces that it has
entered into a debt settlement agreement ("Agreement") with a creditor of the
Company pursuant to which the Company agreed to issue 38,333 common shares
("Shares") at a deemed price of $0.30 per Share. The amount of indebtedness
settled by the Agreement is $11,500, which represents an outstanding amount
under a loan advanced by the creditor to the Company. The Company chose to
settle this outstanding indebtedness with Shares as part of its plans to move
the Company forward and in order to preserve its potential funds for operations.


The issuance of shares is subject to the approval of the TSX Venture Exchange
(the "Exchange"). The Company will issue the Shares once the issuance has been
approved by the Exchange.


About Tesoro Minerals Corp. 

Tesoro Minerals Corp. is a mineral exploration company with major land positions
in three of Colombia's most prolific gold regions including Antioquia,
Tolima-Quindio, and Santander-Norte de Santander. AuRo shares trade on the TSX
Venture Exchange under the symbol TES. 


On Behalf of Tesoro Minerals Corp.

Peter Tegart, President and CEO 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tesoro Minerals Corp.
Peter Tegart
[e-mail]