Condor Resources Inc. announced the appointment of Mr. Chris Buncic as the company's new president, effective April 12, 2024. Mr. Buncic succeeds Mr. Lyle Davis, who will be retiring from his role as President and CEO effective April 12, 2024. Mr. Davis will continue as an active and engaged advisor during the transition of Mr. Buncic to the position of Condor's President and CEO.

Mr. Buncic is an accomplished executive with over 24 years in a diverse career that spans senior roles in the mining industry and capital markets. He was most recently a co-founder and CEO of Alto Verde Copper Inc. Prior to that he was President and CEO of Ascendant Resources Inc. where the team acquired and restored profitability to the operating El Mochito mine in Honduras and greatly advanced the exploration efforts of the Lagoa Salgada project in Portugal. In his career, he has raised substantial capital across the capital structure, and has served on several boards of TSX, TSXV and CSE-listed companies.

Prior roles saw him in Institutional Equity Research at several leading Canadian independent full-service brokerage firms. Mr. Buncic is a CFA Charterholder, has an MBA from Schulich School of Business and B.A.Sc. from the University of Toronto.