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August 16, 2012

Concordia Reports Officer Changes
Concordia Resource Corp. (TSX-V: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"

R. Edward Flood, Chairman


Concordia Resource Corp.

Toby Mayo, President
Telephone: +1 (604) 331-9853; +1 (778) 668-0107

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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