Caledonia Mining Corporation
OTC Bulletin Board : CALVF
TSX : CAL
AIM : CMCL

Caledonia Mining Corporation

January 18, 2007 12:43 ET

Caledonia Appoints Additional Independent Director

TORONTO, ONTARIO--(CCNMatthews - Jan. 18, 2007) - Caledonia Mining Corporation ("Caledonia") (TSX:CAL)(OTCBB:CALVF)(AIM:CMCL) is pleased to announce the appointment of Robert Liverant to its Board of Directors and to its Audit Committee. Mr. Liverant, a Canadian Chartered Accountant, was in public practice for many years as a partner in Vancouver, Canada, based accounting firms and in that capacity he supervised the auditing of a number of public companies. He sits on the Boards of other public companies and is a member of the Audit Committee of one of them. With his considerable experience in auditing mineral companies, and some familiarity with U.S. accounting and auditing requirements, Mr. Liverant is a welcome addition to Caledonia's Board and Audit Committee.

Effective November 9, 2006 the Company's Board of Directors adopted an Audit Committee Charter which has been revised so that it is in full compliance with the requirements of Securities Multilateral Instrument 52-110. It is available for viewing on Caledonia's website or a copy can be obtained from Caledonia upon request.

Further information regarding Caledonia's exploration activities and operations along with its latest financials may be found at www.caledoniamining.com.

Contact Information

  • Caledonia Mining Corporation
    Stefan Hayden
    President & CEO
    +27 11 447 2499
    Website: www.caledoniamining.com
    or
    buck-bias
    Alex Buck/Nick Bias
    +44 7932 740 452