CONDOR ENERGY LIMITED — Capital/Financing Update 2021

Oct 21, 2021

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22 October 2021

ASX RELEASE

Cleansing Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

Global Oil & Gas Limited (ASX:GLV)(“the Company”) has issued 718,175 ordinary fully paid shares (“Shares”) as a result of the exercise of listed options (GLVO) at the exercise price of $0.02. The details of this allotment can be found in the Appendix 2A released today.

The Company gives the following notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act).

a) The shares were issued without disclosure to investors in accordance with Part 6D.2 of the Act.

b) As at the date of this notice, the company has complied with the provisions of Chapters 2M of the Act as they apply to the Company and section 674 of the Act.

c) As at the date of this notice, there is no information which is ‘excluded information’ within the meaning of Sections 708A(7) and section 708A(8) of the Act which is required to be disclosed by the Company.

Authorised for release by the Board of Global Oil & Gas Limited.

For further information please contact:

Patric Glovac Executive Director Global Oil & Gas Limited info@globloilandgas.com.au

PH 08 9388 0051 | 22 Townshend Road, Subiaco WA 6008 | ABN 80 112 893 491 www.globaloilandgas.com.au