Concorde Resources Corp. Reverse Split of Common Shares Wednesday June 7, 5:32 pm ET
PORT ST. LUCIE, FL--(MARKET WIRE)--Jun 7, 2006 -- Concorde Resources Corp. (Other OTC:CCDE.PK - News) announced today that it has enacted a reverse split of 4.5-1, and will take effect Thursday June 8, 2006. The company made this decision in order to assist market making participants to maintain a fair and orderly market for its publicly held common shares. The new symbol for Concorde Resources Corp. will be CCDX. The Company has 51.4m common shares issued and outstanding.
About Concorde Resources Corp.:
Concorde Resources Corp. is a diversified investment conglomeration that develops partnerships and/or acquires control and recapitalizes small high growth businesses in selected business sectors.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by CCDE may differ materially from these statements due to a number of factors. CCDE assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Contact: For Investor Relations Contact: Jon Caserta (866) 990-1112 CCDE@ParadigmIR.com