Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia") is pleased to announce
the appointment of Mr. Toby Mayo as President. 


Mr. Mayo was appointed Senior Vice President, Corporate Development of Concordia
in March, 2011. As previously announced, Mr. Mayo has over fifteen years of
comprehensive and varied experience in the mining and metals sector. He began
his career with Rio Tinto as an Exploration Geologist. Prior to joining
Concordia Resource Corp., Mr. Mayo worked as a Senior Technical Advisor and
Consultant at Ivanhoe Mines Ltd, and was more recently Senior Consultant,
Investment and Business Planning at Hatch in London. 


Mr. Mayo possess financial, commercial, technical, project management and legal
skills, with experience completing techno-economic and transaction-related
studies of international mining and metals projects. He has worked worldwide
with geological and management teams on major metallurgical exploration
projects, for both blue chip and junior companies. His experience includes
mineral exploration, due diligence, project evaluation and asset valuation,
covering commodities as diverse as uranium, industrial minerals, precious
metals, ferrous- and non-ferrous base metals, diamonds and refined metallurgical
products. Mr. Mayo has worked extensively with major financial institutions,
funds, commodities traders and private equity firms assisting with public equity
offerings, project debt financing, mergers, acquisitions and divestitures.


Mr. Mayo holds an Honours Degree in Law from the University of London and an
Honours Degree in Geology from the University of Edinburgh. 


Mr. Edward Flood, CEO and Chairman, commented, "Toby has been instrumental in
putting together the recently announced Swala Resources transaction. His
appointment to President, succeeding myself, was anticipated when he was hired
12 months ago and with the pending acquisition, the timing is ideal to allow
Toby to step up and lead the newly-formed company through this exciting phase in
our growth strategy."


Mr. Flood will remain CEO and Chairman of Concordia. 

ABOUT CONCORDIA

Concordia Resource Corp. is a well-financed junior exploration company. The
successful acquisition of Swala will add to Concordia's precious metals
portfolio, which includes the past-producing La Providencia silver mine in
Argentina, and will position the company as an African explorer with an emphasis
on developing gold deposits holding the potential of one million ounces upwards.
Members of Swala's team are former Anglo American plc and De Beers executives
with extensive experience of operations throughout the African continent. 


Concordia has its head office and executive management team in Vancouver,
Canada; its technical team is based in Reno, Nevada. 


On behalf of the Board of Concordia Resource Corp.

R. Edward Flood, Chairman
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