Condor Energies upsizes convertible debenture financing to up to C$70 million

• Condor Energies upsized financing to as much as C$70 million via 12% unsecured convertible debentures.
• Update raises the public offering to up to C$25 million on strong demand; private placement remains up to C$45 million.
• Debentures priced at C$1,000 each; convertible at C$6.00 per share; 36-month maturity; quarterly cash interest.
• Proceeds earmarked for Uzbekistan field compression, Kazakhstan modular LNG facilities, working capital, general corporate purposes.
• Closing targeted for about Oct. 14, 2026; offering includes a 15% over-allotment option on the public tranche.

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