Concordia Resource Corp. (TSX VENTURE:CCN) (the "Company") is pleased to
announce that shareholders have approved the special resolutions presented at
its special meeting (the "Meeting") held today. At the Meeting, 26,405,422
shares representing 28.6% of the total number of securities issued and
outstanding, or 98.29% of the total shares voted, were voted in favor of:




1.  the special resolution approving the arrangement under Part 9, Division
    5 of the Business Corporations Act (British Columbia) as a result of
    which, among other things the Company will: (a) consolidate its common
    shares on a five (5) to one (1) basis; and (b) spin out its interest in
    its subsidiary Meryllion Resources Corporation to its shareholders; and 
    
2.  the special resolution authorizing the Company to enter into a
    transaction with HPX TechCo Inc. whereby it will acquire certain assets
    of HPX TechCo Inc. in exchange for issuing common shares representing
    85% of its issued and outstanding share capital. 



About HPX TechCo: HPX TechCo is a company incorporated under the laws of the
British Virgin Islands and indirectly controlled by Robert Friedland, a resident
of Singapore. 


On behalf of the Board of Concordia Resource Corp. 

Terry Krepiakevich, Interim CEO and Director 

Completion of the transaction is subject to a number of conditions, including
final Exchange acceptance. There can be no assurance that the transaction will
be completed as proposed or at all. Investors are cautioned that, except as
disclosed in the Management Information Circular to be prepared in connection
with the transaction, any information released or received with respect to the
Reverse Take Over and the Arrangement may not be accurate or complete and should
not be relied upon. Trading in the securities of Concordia Resource Corp. should
be considered highly speculative. The TSX Venture Exchange has in no way passed
upon the merits of the proposed transaction and has neither approved nor
disapproved the contents of this press release. Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Concordia Resource Corp.
+1-604-221-7982
info@concordiaresourcecorp.com
www.concordiaresourcecorp.com

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