CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Condor Energies Inc. is an internationally focused, publicly traded energy company (“Condor” or the “Company”) with activities in the Republic of Kazakhstan (“Kazakhstan”) and the Republic of Turkiye (“Turkiye”), is pleased to announce the release of its audited consolidated financial statements for the year ended December 31, 2022 and 2021 together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. … Continue Reading

CALGARY, Alberta, Feb. 15, 2023 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company with activities in Turkiye and Kazakhstan, announces that although its employees, properties and gas field operations in the Thrace Basin of Turkiye were not directly affected by the recent devastating earthquakes that struck southern Turkiye, many employees were indirectly impacted through family and friends and Condor is deeply saddened and joins the country in mourning the lives lost and wishes to express its sympathy and support for all the families impacted by this disaster.

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LIMASSOL, Republic of Cyprus, Dec. 19, 2022 (GLOBE NEWSWIRE) — Eurasia Resource Value S.E. (“ERV”) today announced that it has acquired 3,970,589 common shares (“Common Shares”) of Condor Energies Inc. (“Condor”) (TSX: CDR) as part of a larger private placement by Condor under which an aggregate of 10,966,019 Common Shares were issued (the “Private Placement”). The aggregate consideration paid by ERV in the Private Placement was CAD$1,350,000.26 or CAD$0.34 per share. Prior to the Private Placement, ERV directly held 9,299,316 Common Shares, or approximately 20.6% of the total issued and outstanding Common Shares. Following the Private Placement, ERV directly holds … Continue Reading

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CALGARY, Alberta, Dec. 14, 2022 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), is pleased to announce the closing of its previously announced and fully subscribed private placement of 10,966,019 common shares of the Company (the “Common Shares”) at a price of $0.34 per Common Share for aggregate gross proceeds of $3,728,447 (the “Offering”). The fully subscribed Offering is led by the lead investor and largest shareholder of the Company, EurAsia Resource Value S.E., and together with other strategic investors and … Continue Reading

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

CALGARY, Alberta, Nov. 22, 2022 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), is pleased to announce that it has entered into an agreement with Research Capital Corporation, as the sole agent and sole bookrunner (the “Agent”), in connection with a best efforts, private placement of up to 10,966,019 common shares of the Company (the “Common Shares”) at a price of $0.34 per Common Share (the “Offering Price”) for aggregate gross proceeds of up to $3,728,447 (the “Offering”). The lead investor … Continue Reading

CALGARY, Alberta, Nov. 14, 2022 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company with activities in Turkiye and Kazakhstan, is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2022 together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. All financial amounts in this … Continue Reading

CALGARY, Alberta, Nov. 14, 2022 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company with activities in Turkiye and Kazakhstan, is pleased to announce the Company has entered into a binding sale and purchase agreement with a state-owned entity (the “Seller”) to acquire a 95% working interest in a mining license in Kazakhstan (the “Lithium License”). A prior well drilled in the Lithium License for hydrocarbon exploration encountered and tested lithium brine deposits with lithium concentrations of up to 130 milligrams per litre as reported by the Ministry of Geology of … Continue Reading