Concordia Resource Corp.
TSX VENTURE : CCN

Concordia Resource Corp.

February 28, 2012 08:30 ET

Concordia Resource Corp. Appoints Vice President and Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2012) - Concordia Resource Corp. (TSX VENTURE:CCN) ("Company") is pleased to announce the appointment of Ms. Tracy Hansen as Vice President of the Company.

Ms. Hansen is a securities paralegal with over 16 years of experience in providing regulatory and management services to public and private companies, primarily in mining and resource development. Ms. Hansen was appointed Corporate Secretary of the Company in March, 2011 and is also the Vice President and Corporate Secretary of Western Lithium USA Corp.

The Company also announces that on February 24, 2012 a Director of the Company was granted stock options to acquire 200,000 common shares of the Company at a price of C$0.47 per share, for a five year period.

About Concordia

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, the Democratic Republic of Congo (the "DRC") and Zimbabwe, with a land package in Africa totaling 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

Contact Information