The board of Condor Gold announced that, following delivery of the Court Order to the Registrar of Companies 15 January 2025, the scheme of arrangement between Condor Gold and the Scheme Shareholders under Part 26 of the Companies Act (the "Scheme") to implement the recommended acquisition of the entire issued and to be issued share capital of Condor Gold by Metals Exploration (the "Acquisition") has become effective. As the Scheme has now become Effective, Condor Gold announced that, as of 15 January 2025, all Condor Gold Directors have tendered their resignations and stepped down from Condor Gold board.