Concordia Appoints New Chairman and Interim CEO

Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia" or the "Company")
announces that Mr. Ed Flood has stepped down as CEO and Chairman of the Company.



The Board of Concordia is grateful that Mr. Flood will continue to serve as a
director and will help guide the Company in the search for a new strategic
direction. To that end, the Board has formed a special committee with the
mandate of identifying and evaluating a number of strategic alternatives now
under consideration by the Company. 


Mr. David Birkenshaw, a director and significant shareholder of the Company, has
been appointed as Chairman of the Board. Mr. Terry Krepiakevich, a director of
the Company, and chair of its audit committee, has agreed to act as interim CEO.



The board and management of Concordia are grateful to Ed for his incalculable
contribution to the Company and look forward to his continued support and
guidance as a director.


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 including
Burkina Faso, the Democratic Republic of Congo, Mozambique and Argentina. 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 Malargue 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.

Terry Krepiakevich, Director and Interim CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Concordia Resource Corp.
[phone]
[e-mail]
www.concordiaresourcecorp.com