IRW-PRESS: Condor Energies Inc.: Condor has reached the announced financing volume of 15 Million Dollar: Grossaktionär Eurasia Resource Value SE and other strategic investors are sich

Calgary, Canada, – November 25, 2024: Condor Energies Inc. (Condor oder das Unternehmen, TSX: CDR, WKN: A3DPZ1) presents itself as one of the main investors in Condor. (Stammaktien) in Rahmen The financing exemption for listed issuers (das LIFE-Angebot) up to $5,000,000 through a private place for approved investors (das Angebot für akkreditierte Investoren) is aufgestockt. Le Stammaktien, die im Rahmen des Angebots pour zugelassene Anleger platziert werden, werden zu zugelassene Anleger (zusammen das Angebot) zu zugelassene Bruttoerlös von insgesamt bis zu zu 15,000,000 $ führen wird.

Das Angebot wird von Research Capital Corporation as Hauptvermittler et alleiniger Bookrunner im Namen eines Konsortiums von Vermittlern, notably Auctus Advisors LLP and Canaccord Genuity Corp.

The lead investor and major investor firm, EurAsia Resource Value SE, has researched with internal and strategic investors from accredited investors.

The robot network is intended for new work programs of the Condors company for the development of production in Usbekistan, the establishment of a vertical and horizontal work program with more and more machines until the first half of the month 2025, of last year. zusätzlicher feldinterner Wasserabscheidungssysteme et Feldausrüstung, die Modernisierung von Feldanlagen, Betriebskapital et allgemeine Unternehmenszwecke verwendet. Condor began the reconditioning program in June 2024 strong and accordingly. This is a simple piston lifting installation, the austausch von Förderrohren, the perforation von bisher not erschlossenen et umgangenen Nutzzonen sowie andere Workover-Aktivitäten. Service equipment is available in the first quarter of 2025 in the region of Betrieb genommen werden.

Darüber hinaus hat das Unternehmen den Bevollmächtigten un option (die Option der Bevollmächtigten) eingeräumt, de l’Umfang des Angebots pour akkreditierte Investoren un bis zu zu 2,250,000 $ zu zu erhöhen, indem sie dem Unternehmen jederzeit vor Abschluss des Please use setting option or item in a specific way.

Im Rahmen des Angebots werden 5,263,157 Stammaktien (LIFE-Aktien) Käufern gemäß der Listed Issuer Financing Exemption (Befreiung für börsennotierte Emittenten) gemäß Teil 5A du National Instrument 45-106 – Prospectus Exemptions (NI 45-106) in all provinces of Canada, with Ausnahme von Québec, and other qualified Gerichtsbarkeiten, einschließlich der Vereinigten Staaten, zum Kauf angeboten. Darüber hinaus werden im Zusammenhang mit dem Angebot for zugelassene Investoren et sous le Annahme, l’option der Vermittler vollständig ausgeübt wird, bis zu zu 3,815,788 Stammaktien (Aktien für zugelassene Investoren) an zugelassene Investoren (as in NI 45-106 defined) of the Securities Investment Act under NI 45-106 (bzw. in Ontario, under section 73.3 of the Ontario Securities Act) in all Canadian provinces and other qualified management companies, einschließlich der Vereinigten Staaten, angeboten. Anteile LIFE does not have to worry about the need for a settlement in kanadis paper, but of all Anteile LIFE, the competent authorities of Canada verkauft werden, können Haltefristen and anderen Weiterverkaufsbeschränkungen unterliegen. For the action in favor of business security, there must be a planned 4-month shutdown and a label for the abschluss of Angebots.

The Angebot will be expected on December 5, 2024 or a special point of time, the Vermittler and the employers festlegen, abgeschlossen. The abschluss includes the best solutions, even if they are not described in the list of possible and reliable sources of information of the Toronto Stock Exchange (the TSX).

Entrepreneurs require bar service in the amount of 6% of the gross prices at the ordering robot (only within the framework of the Ausübung der Vermittler option). Darüber hinaus hat sich das Unternehmen bereit erklärt, an die Vermittler Makler-Warrants des Unternehmens auszugeben, um insgesamt eine Anzahl von Stammaktien zu erwerben, die 3 % der Anzahl der im Rahmen des Angebots verkauften Stammaktien entspricht (einschließlich der (Ausübung der Option der Vermittler). Vermittlern eine reduzierte Barprovision in Höhe von 2 % of Bruttoerlöses bestimmter President’s List Orders zu zahlen.

This press committee aims to make a purchase of wrapping paper from Condor (einschließlich der Stammaktien) in an established jurisdiction, in a good robot, a single purchase affair. or a direct sales business, and you will be able to do this press work in a grocery store up to purchasing a food processor for businesses in state agencies of America or for American personnel (which is not defined). The paper stock was not created by the United States Securities Act of 1933 as part of the 1933 Act or federally registered paper stock and was registered within the state- state major for registration or registration. U.S. persons (as defined in Regulation S of the 1933 Acts) are angeboten or verkauft werden, who are at that time, if considered as 1933 Acts and shipping papers geltenden der einzelnen Bundesstaaten registriert or are they linked to the Befreiung von diesen Registrierungsanforderungen vor.

ÜBER CONDOR ÉNERGIES INC.

Condor Energies Inc. is one of the entrepreneurs notified by the TSX in the energy sector, which is auf verschiedene Initiatives in Zentralasien et the Türkei konzentriert. With gas production, a construction project and study of the first Zentralasiens LNG network and a separate project for the integration and production of Lithiumsole, the companies have a complex job for reserves, production and flow management of cash, when it is gleichzeitig bestrebt ist, seinen ökologischen Fußabdruck zu minimieren.

Bitte beachten Sie: Es gilt das englische Original dieser Pressemitteilung. You will find this information on the website of the service providers.

UNTERNEHMENSKONTAKT

Don Streu, President and CEO

ODER Sandy Quilty, Vice President of Finance and Chief Financial Officer

Tel: +1 403-201-9694.

The TSX accepts no responsibility for the adequacy or accuracy of this press release.

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements and forward-looking information as defined by applicable Canadian and United States securities laws (collectively, forward-looking information). Forward-looking information includes, without limitation, forecasts, estimates, plans, projections, targets, expectations and objectives regarding future operations and financial results, and the use of words such as may , will, should, expect, anticipate, continue, plan, current, strive, expand and similar expressions are intended to identify forward-looking information. The forward-looking information contained herein is provided for the purpose of helping readers understand management’s current expectations and plans for the future. These forward-looking statements or information concern, among other things: Condors’ expectations regarding insiders and significant shareholders who will subscribe to the Offer; the total gross proceeds of the Offering, including the total gross proceeds of subscriptions from insiders and significant shareholders; The Condors continued their progress in energy production in Uzbekistan; Condors plans to add a third reconditioning platform in Uzbekistan in early 2025; the timing and ability of Condor to begin its infill drilling campaign in Uzbekistan in the first half of 2025; the allocation and use of the proceeds of the Offer; Condors’ expectations regarding the jurisdictions in which the Offer will take place; the expected closing date of the Offer and Condors expects its project to construct and operate LNG facilities in Kazakhstan to continue.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including, but not limited to limited to: market and business conditions; volatility in market conditions, including market prices for natural gas; risks related to the exploration, development and production of natural gas reserves and condensates; the risks inherent in the Company’s international operations; risks related to the timing of completion of the Company’s projects and financing; competition for capital; the availability of capital on acceptable terms; the use of third parties to execute the company’s strategy; and increasing regulations affecting the Company’s future operations. Additional risk factors relevant to the Company and the Common Shares are discussed under the heading Risk Factors in the Company’s Annual Information Form for the year ended December 31, 2023 and under the heading Forward-Looking Statements in the Company’s MD&A. Company for the three and nine months ended September 30, 2024, both available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

The above summary of assumptions and risks related to forward-looking information is provided in this press release to help potential investors understand the risks associated with an investment in the common stock and may not be appropriate for other purposes. . The Company’s actual results could differ materially from those expressed or implied in such forward-looking statements, and no assurance can be given that any of the events anticipated by the forward-looking statements will or will occur. Readers are therefore cautioned not to place undue reliance on any forward-looking statements included in this press release.

The forward-looking statements included in this press release are expressly qualified by this cautionary statement and are made only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by applicable securities laws.

ABKÜRZUNGSVERZEICHNIS

When you find the following instructions, please contact us:

boe/d: Barrels of oil equivalent per day (Barrel Öläquivalent pro Tag)

$: Canadian dollar

LNG: Liquefied Natural Gas (Verflüssigtes Erdgas)

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