Condor retains Renmark Financial Communications, completes Shares for Debt Settlement

Condor retains Renmark Financial Communications, completes Shares for

Debt Settlement

Vancouver, B.C., May 15, 2017 - Condor Resources Inc. - (“Condor” or the “Company”) (TSX.V: CN) is pleased to

announce it has retained Renmark Financial Communications Inc. of Toronto (“Renmark”) to support its investor relations

activities.

“We selected Renmark to reinforce Condor’s profile in the financial community and enhance the visibility of our company,

as we feel Renmark’s standards and methodologies fit best with the message we wish to communicate to the investing

public,” noted Lyle Davis, President and CEO.

In consideration of the services to be provided, Renmark will receive $5,000 m onthly in cash consideration, commencing

June 1, 2017 for a period of six months ending on November 30, 2017, and monthly thereafter. Renmark does not have any

interest, directly or indirectly, in Condor Resources Inc. or its securities, or any right to acquire such an interest.

The Company also wishes to an nounce that it has received regulatory approval to settle $111,180 in accounts payable by

the issuance of 1,482,000 shares at $0.075 per share, as announced April 21, 2017. The shares are subject to a four month

hold period which expires September 11, 2017.

Condor is a project generator focused exclusively on Peru, and our objective is the discovery of a major new precious

metals or base metals deposit. Project acquisition and development is managed by our 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] OR

Renmark Financial Communications Inc.

Barry Mire: [email protected]

Tel: (416) 644-2020 or (514) 939-3989

www.renmarkfinancial.com

Cautionary Statement Regarding Forward-Looking Information: All statements, trend analysis a nd other information contained in

this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forwar d-looking

statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate ", "expect"

and "intend" and statements that an event or result "may", "w ill", "should", "could" or "might" occur or be achieved and other similar

expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that cou ld cause

actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are

based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligatio n to

update forward-looking statements even if circumstances or mana gement's estimates or opinions should change. Investors should n ot

place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that te rm is defined in the policies of the TSX Ventu re

Exchange) accepts responsibility for the adequacy or accuracy of this news release.