Condor closes $200,000 Private Placement

Condor closes $200,000 Private Placement

Vancouver, B.C., November 12, 2019 - Condor Resources Inc. (“Condor” or the “Company”) (TSXV:CN)

is pleased to announce that it has closed the $200,000 private placement financing , as announced in our news

release of October 30, 2019.

The private placement consisted of 4 million units priced at $0.05, with each unit consisting of one common share

and one warrant. Each warrant is exercisable at $0.1 0 into one common share for a peri od of three years. No

commissions or finder’s fees were paid in connection with the private placement.

Proceeds from the private placement will be used for general corporate purposes.

Condor is an active explorer focused exclusively on Peru, supplemented by a project generator and royalty model

designed to generate exploration capital whilst minimizing shareholder dilution. Our objective in advancing our

portfolio of projects is the discovery of a major new precious metals or base metals depos it in Peru. Project

acquisition and exploration activities are managed by the Company’s Lima based exploration team.

ON BEHALF OF THE BOARD

Lyle Davis

President & Chief Executive Officer

For further information please contact the Company at 1-866-642-5707, or by email at [email protected]

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 news release.