|By Marketwired .||
|August 30, 2013 03:12 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/30/13 -- Concordia Resource Corp. (TSX VENTURE:CCN) (the "Company") is pleased to announce that shareholders have approved all resolutions presented at its Annual General Meeting (the "Meeting") held on August 29, 2013. The Company's directors for the next year will be David Birkenshaw (Chairman), Terry Krepiakevich (Interim CEO), Gerard de La Vallee Poussin, Edward Flood, John Fognani, Peter Jones, Pamela Klessig, Pierre Lebel and Borden Putnam. At the Meeting, 24,082,541 shares representing 28.1% of the total number of shares issued and outstanding, were voted in favor of the election of the proposed directors.
In addition, the shareholders appointed the auditor of the Company for the coming year and confirmed the Company's stock option plan.
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 16,500 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
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.