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Condor Increases Financing

Vancouver, B.C., December 1, 2006 – Condor Resources Inc – (the “Company”) (TSXV: CN) announces that further to the Company’s news release of November 21, 2006 announcing the Company’s brokered private placement with Bolder Investment Partners, Ltd. (the “Agent”), the number of units to be offered has been increased to up to 4,000,000 units (previously set at 3,000,000 units) at $0.50 per unit in the capital stock of the Company for gross proceeds of up to $2,000,000.

All other terms of the brokered private placement will remain the same.

On behalf of the Board of Directors,

Signed “Pat Burns”

Patrick J. Burns,
President & Chief Executive Officer

For further information please contact:
Bernie Kennedy: 604-495-6330
Saf Dhillon: 604-484-2015
email: info@condorresources.com
www.condorresources.com TSX.V:CN

Condor Resources Inc.
910-885 Dunsmuir Street,
Vancouver, BC V6C 1N5
Tel: 604-484-2015
Fax: 604-688-9895

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading “Risk Factors” and elsewhere in the Company’s periodic filings with Canadian securities regulatory authorities. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE.