Caledonia Mining Corporation

TSX : CAL
OTCQX : CALVF
AIM : CMCL


Caledonia Mining Corporation

May 21, 2014 02:00 ET

Caledonia Mining Corporation: Election of Directors and Results of the Annual Special Meeting

TORONTO, ONTARIO--(Marketwired - May 21, 2014) - Caledonia Mining Corporation ("Caledonia" or the "Company") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) announces the results of the election of directors at its Annual Special Meeting ("the Meeting") held on May 20, 2014 in Toronto, Ontario.

The total number of voting shares represented by shareholders present in person and by proxy at the Meeting was 14,689,600, representing 28.19% of Caledonia's outstanding voting shares.

The seven nominees proposed by management for election as directors were elected by a show of hands. Proxies were received as follows:

Nominee Votes For Percent Withheld Percent
Leigh Wilson 10,306,756 98.13 % 177,362 1.69 %
John Kelly 10,264,756 97.91 % 219,362 2.09 %
Johan Holtzhausen 10,274,440 98.00 % 209,678 2.00 %
Richard Patricio 10,269,893 97.96 % 214,225 2.04 %
James Johnstone 10,260,391 97.87 % 223,727 2.13 %
Stefan Hayden 10,244,646 97.72 % 239,472 2.28 %
Steve Curtis 10,270,876 97.97 % 213,242 2.03 %

In addition, at the Meeting, KPMG Inc. was re-appointed as auditors of Caledonia for the fiscal year ending December 31, 2014, the shareholder rights plan agreement dated December 5, 2013 was ratified and approved, and the unallocated options issuable pursuant to Caledonia's stock option plan were approved and authorised.

About Caledonia Mining

Caledonia is a mining, exploration and development company focused on Southern Africa. Following the implementation of indigenisation in Zimbabwe, Caledonia's primary asset is a 49% interest in an operating gold mine in Zimbabwe ("Blanket"). Caledonia's shares are listed in Canada on the Toronto Stock Exchange as "CAL", on London's AIM as "CMCL" and are also traded on the American OTCQX as "CALVF".

Contact Information

  • Caledonia Mining Corporation
    Mark Learmonth
    +27 11 447 2499
    marklearmonth@caledoniamining.com

    Numis
    John Prior/Jamie Loughborough/James Black
    +44 20 7260 1000

    Blytheweigh
    Tim Blythe/Halimah Hussain/Camilla Horsfall
    +44 20 7138 3204

    WH Ireland
    Adrian Hadden/Nick Field
    +44 20 7220 1751