Mr. Graham Scott reports

CONDOR ANNOUNCES MANAGEMENT CHANGE

Chris Buncic has resigned as president and chief executive officer of Condor Resources Inc., effective Dec. 23, 2026. Mr. Buncic has been president and chief executive officer of the company since April, 2024, and will be leaving the company to pursue another opportunity.

The board of directors wishes Mr. Buncic well in the future and thanks him for his leadership over the past 30 months.

Jonathan Younie, the company's chief financial officer, has agreed to act as the company's interim president and chief executive officer until a permanent senior executive is engaged.

About Condor Resources Inc.

Condor Resources is a precious and base metal exploration company focused on its portfolio of projects in Peru. The company's flagship project, Pucamayo, is an 85-square-kilometre property containing a high-sulphidation epithermal system with disseminated precious metal mineralization with a large epithermal alteration visible at surface. The Huinac Punta project, a 7,200-hectare property in Huanuco, Peru, has the potential to host a large carbonate replacement style silver-dominant polymetallic mineralized body with the potential for discovery of a bulk tonnage silver and base metal deposit. The company has also optioned the Cobreorco project, which targets gold-copper skarn and porphyry-style mineralization to a subsidiary of Teck Resources Ltd. The company's award-winning exploration team in Peru has a long history of success in discovering and advancing high-quality exploration projects and managing the social aspects of its exploration activities.

We seek Safe Harbor.