VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 16, 2012) - Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia" or the "Company") announces the departure of John Rice, who resigned as Vice President, Exploration and Karl Cahill, who resigned as Vice President, Investor Relations.
The Company wishes to thank both Messrs. Cahill and Rice for their contributions to the Company. Investor Relations activities will be managed by Toby Mayo, Concordia's President.
Concordia is a well-financed junior exploration company with an emphasis on developing mineral deposits in Africa and South America. Concordia has an extensive exploration portfolio in the resource-endowed regions of Burkina Faso, Gabon, and the Democratic Republic of Congo (the "DRC"), with a land package in Africa totalling over 12,400 km2. In addition, Concordia has acquired an option to purchase 100% of the historic La Providencia silver mine located in the Puna of northwestern Argentina and has also acquired an option to purchase the 14,000 ha Cerro Amarillo-Cajon Grande copper-gold-molybdenum property located in the Malargüe District of Argentina. The Company has an experienced management team and board of directors with extensive expertise across the globe.
On behalf of the Board of Concordia Resource Corp.
R. Edward Flood, Chairman
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