Concordia Resource Corp. Appoints New President
17 Novembre 2011 - 2:30PM
Marketwired
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
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.
Contacts: Concordia Resource Corp. Karl Cahill VP, Investor
Relations
+1-858-531-6100info@concordiaresourcecorp.comwww.concordiaresourcecorp.com
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