Concordia Resource Corp. Announces Options GrantVANCOUVER, BRITISH COLUMBIA - Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia" or the "Company") announces that on January 3, 2012 a consultant to the Company was granted options to acquire 50,000 common shares of the Company at a price of C$0.44 per share, for a five year period.
Concordia Resource Corp. is a junior mining exploration company with gold and silver properties in Argentina and Nevada. The acquisition of Swala Resources, which is expected to close in January, positions the Company as a well-financed African gold explorer with an emphasis on Burkina Faso. Swala's technical team has extensive experience of operations throughout the African continent and is a great addition to Concordia's executive management team based in Vancouver, Canada, and its technical team based in Reno, Nevada.
On behalf of the Board of Concordia Resource Corp.
R. Edward Flood, Chairman
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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