January 27, 2012
Concordia Resource Corp. (TSX-V: CCN) ("Concordia" or the
"Company") is pleased to announce the appointment of Mr.
Gérard de la Vallée Poussin to the Company's board of
directors.
Mr. de la Vallée Poussin is the chairman of Swala Resources
Inc., the company recently acquired by Concordia. He
was one of the founders of Arc Mining and Investment SA in
2005, which was merged with Zambezi Gold Plc. to form Swala
Resources Plc. in 2007. Previously he was employed by
Anglo American plc and De Beers Group from 1962 to 1975,
mostly in West and Central Africa. He joined Phillip
Brothers group (US) with the responsibility for developing
African markets in crude oil and refined oil products. He
was appointed Director of Philipp Brothers (Phibro) Energy
Ltd (London) and later CEO of Kaines (UK) Limited, an oil
and metals trading company. He is Managing Director of
Bugeco SA (a Geological Consulting Company based in
Belgium).
Mr. de la Vallée Poussin replaces Mr. Harry Dobson, a
director of the Company since 2006, who has stepped down
from the board of directors to dedicate more time to his
other commitments.
Ed Flood, the Company's CEO and Chairman said "Mr. Dobson
has made a significant contribution to the Company's
development and the Company has greatly benefited from his
guidance".
The Company extends a warm thank you to Mr. Dobson for his
service.
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.
The TSX-V has neither approved nor disapproved the contents of this press release. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this press release.
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