Mr. Mark Child reports

DIRECTOR SHARE PURCHASE

On Aug. 14, 2020, Galloway Ltd., which is indirectly wholly owned by Jim Mellon, a non-executive director of the company, purchased 125,000 ordinary shares in Condor Gold PLC at a price of 50.5 pence per share for a total purchase consideration of 63,125 British pounds.

Accordingly, further to the purchase, Mr. Mellon owns directly and indirectly a shareholding of 18,551,963 ordinary shares (1).

(1) Mr. Mellon owns a direct and indirect aggregate shareholding of 18,551,963 ordinary shares or 15.8 per cent of the company. The direct interest is in 2,889,883 ordinary shares and the indirect interest is in 15,662,080 ordinary shares held through Galloway. Galloway is wholly owned by Burnbrae Group Ltd., which is wholly owned by Mr. Mellon.

About Condor Gold PLC

Condor Gold was admitted to the Alternative Investment Market in May, 2006, and dual listed on the Toronto Stock Exchange in January, 2018. The company is a gold exploration and development company with a focus on Nicaragua.

We seek Safe Harbor.