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Condor Resources Announces Results of Annual General and Special Meeting of Shareholders

Shareholder Meetings

TSXV:CN WWW.CONDORRESOURCES.COM

CONDOR RESOURCES ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF

SHAREHOLDERS

Vancouver, B.C., December 12, 2024 - Condor Resources Inc. ("Condor" or the "Company")

(TSXV:CN) is pleased to announce the vo Ɵng results of the Company's 2024 Annual General and

Special Shareholders' Mee Ɵng (the "Mee Ɵng") held on December 11, 2024 at 10am PST, in

Vancouver, BriƟsh Columbia.

A total of 32,169,685 common shares were voted at the Mee Ɵng, represenƟng 22.79% of the

votes a Ʃached to all outstanding common shares of the Company. All ma Ʃers presented for

shareholder approval at the MeeƟng were duly authorized and approved as follows:

Number of Directors to be Elected

On a vote by a show of hands, the resolu Ɵon to set the number of directors to be elected at the

meeƟng at six (6) was approved, and all Directors up for elecƟon were duly approved.

Appointment of Auditors

De Visser Gray LLP , Chartered Professional Accountants was appointed as auditor of the Company

for the ensuing year and the directors of the Corpora Ɵon were authorized to fix the auditor's

remuneraƟon. Details of the voƟng results are as follows:

Total Votes % of Votes

Cast

Votes in Favour 32,169,685 100.00%

Votes Withheld 0 0%

Total Votes Cast 32,169,685

Omnibus Equity IncenƟve Plan

An ordinary resolu Ɵon adop Ɵng the Company’s omnibus equity incen Ɵve plan, all as more

parƟcularly described in the accompanying management informa Ɵon circular, was approved.

Details of the voƟng results are as follows:

Total Votes % of Votes

Cast

Votes in Favour 23,764,781 95.55%

Votes Withheld 107,174 0.45%

Total Votes Cast 23,871,955

The Company also wishes to announce that Mr. Lyle Davis did not stand for re- elecƟon to the

Board of Directors of Condor Resources. Mr. Davis was a long-standing Director of the Company

as well as CEO from July 2013 unƟl April 2024. Management and the Board wish to express their

sincere graƟtude to Mr. Davis for all his contribuƟons to the Company and wish him the best in

future endeavors.

About Condor Resources Inc.

Condor Resources is a precious and base metals exploraƟon company focused on its porƞolio of

projects in Peru. The Company’s flagship project, Pucamayo, is an 85 km 2 property containing a

high sulfidaƟon epithermal system with disseminated precious metals mineralizaƟon with a large

lithocap alteraƟon visible at surface. The Huiñac Punta project, a 7,200 Ha property in Huanuco,

Peru, has the poten Ɵal to host a large carbonate replacement style (CRD) silver-dominant

polymetallic mineralized body with the potenƟal for discovery of a bulk tonnage silver and base

metals deposit. The Co mpany has op Ɵoned several large projects to partners who con Ɵnue to

advance these projects. The Company’s award- winning explora Ɵon team in Peru has a long

history of success in discovering and advancing high quality explora Ɵon projects and managing

the social aspects of its exploraƟon acƟviƟes.

For more informaƟon, please visit the Company's website at www.condorresources.com.

ON BEHALF OF THE BOARD

Chris Buncic

President & Chief ExecuƟve Officer

For further informaƟon please contact the Company at 1-866-642-5707, or by email at

[email protected]

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable

securiƟes law. Forward-looking statements are frequently characterized by words such as “plan”,

“expect”, “project”, “intend”, “believe”, “an Ɵcipate”, “es Ɵmate” a nd other similar words, or

statements that certain events or condi Ɵons “may” or “will” occur. Such forward-looking

statements include, but are not limited to the Company’s expectaƟons with respect to the use of

proceeds and the use of the available funds following comple Ɵon of the LIFE Offering and

statements respecƟng compleƟon of the LIFE Offering and receipt of all regulatory approvals in

respect of the LIFE Offering, including approval of the TSXV.

Although the Company believes that the expecta Ɵons reflected in applicable forward -looking

statements are reasonable, there can be no assurance that such expecta Ɵons will prove to be

correct. Such forward-looking statements are subject to risks and uncer tainƟes, including risks

associated with the business of mineral explora Ɵon and development; con Ɵnued availability of

capital and financing; general poliƟcal and economic condiƟons, fluctuaƟons in metal prices and

other market-related risks, including any volaƟlity in the Company’s share price , that may cause

actual results, performance or developments to differ materially from those contained in such

statements. Therefore, readers are cau Ɵoned not to place undue reliance on forward -looking

statements and forward-looking informaƟon. Condor does not assume any obliga Ɵon to update

or revise its forward- looking statements, whether as a result of new informa Ɵon, future or

otherwise, except as required by applicable law.

Neither the TSX Venture Exchange nor its RegulaƟon 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.