VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2011) - Concordia Resource Corp. (News - Market indicators)  ("Concordia" or the "Company") is pleased to announce the appointment of Karl Cahill as Vice President, Investor Relations, effective 1 June 2011.

As disclosed in previous news releases, Mr. Cahill has been retained by Concordia in an investor relations capacity since 1 February 2011. While his compensation remains unchanged, as Mr. Cahill has entered into a formal employment agreement with Concordia, termination provisions outlined in the 17 February 2011 news release no longer apply.

Mr. Cahill has spent the last 10 years in the United States working as a consultant to emerging public technology, biotechnology and resources companies. He has been responsible for raising over US $100 million in funds, significantly increasing shareholder value and generating top tier licensing deals, partnerships and merger and acquisition opportunities. Mr. Cahill's career spans 17 years in the public markets. He was previously Investor Relations Manager for Raptor Pharmaceutical Corp. Mr. Cahill completed his undergraduate studies in Finance at the University of Westminster in London, England, speaks English, German and French, and has lived and worked in Europe, Asia and North America.

ABOUT THE COMPANY

Concordia Resource Corp. is a mineral exploration company with property holdings in North and South America and in Spain. The Company holds the Albisu gold discovery in Nevada, and is earning from Renaissance Gold Inc. a 70% interest in the Baza gold-copper project in Spain. Through its wholly owned South American subsidiary, Meryllion Minerals Corp., the Company is earning 100% of the historic La Providencia silver mine in Argentina. Concordia has its head office and executive management team in Vancouver, Canada, and its technical team is based in Reno, Nevada.

On behalf of the Board of Concordia Resource Corp.

R. Edward Flood, Chairman