Mr. Lyle Davis reports

CONDOR RESOURCES INC.: MARCH 2017 WARRANTS -- ACCELERATED EXPIRY

Condor Resources Inc. has provided the following update. The conditions to trigger an accelerated expiry of the March, 2017, warrants have been met. The last date to exercise is now Friday Sept. 2, 2016, accelerated from the original expiry of March 27, 2017.

The March, 2017, warrants were issued pursuant to a private placement which closed March 27, 2015, and have an exercise price of five cents per share. A total of 4.5 million warrants were issued, and to date, 1.2 million of the warrants have been exercised. If the balance of the remaining 3.3 million warrants are exercised, the company will receive funds of $165,000. Exercise is at the option of the warrantholder, and there are no assurances that any of the warrants will be exercised.

We seek Safe Harbor.