Mr. Don Streu reports

CONDOR ANNOUNCES OCTOBER 15, 2026 AS EXPECTED CLOSING DATE FOR C$70 MILLION FINANCING

The closing date of the previously announced best efforts, public offering for gross proceeds of up to $25-million and concurrent non-brokered private placement for gross proceeds of up to $45-million, in each case consisting of 12 per cent unsecured convertible debentures of Condor Energies Inc. at a price of $1,000 per convertible debenture, is expected to be Oct. 15, 2026, or such other date as agreed upon by the company and Research Capital Corp., as co-lead agent and sole bookrunner, and Canaccord Genuity Corp., as co-lead agent. For further details of the offering and the non-brokered private placement, see the company's news releases dated Oct. 1, 2026, and Sept. 29, 2026.

We seek Safe Harbor.