Caledonia Mining Corporation

TSX : CAL
OTCQX : CALVF
AIM : CMCL


Caledonia Mining Corporation

November 22, 2012 13:49 ET

Caledonia Mining Corporation: Exercise of Options

TORONTO, ONTARIO--(Marketwire - Nov. 22, 2012) - Caledonia Mining Corporation ("Caledonia" or the "Company") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL), received notice on November 20, 2012 that Mark Learmonth, a Person Disclosing Managerial Responsibility (PDMR) of the Company, exercised options over an aggregate 562,500 ordinary shares in the Company ("Ordinary Shares") at an exercise price of Cdn$0.07 per share.

Following this transaction, Mark Learmonth and persons connected to him have interest in 920,000 Ordinary Shares representing approximately 0.2% of the Company's issued ordinary share capital, all of which are held beneficially.

Following this notification, the Company has 508,461,780 Ordinary Shares in issue.

Contact Information

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

    Canaccord Genuity Limited
    Andrew Chubb / Sebastian Jones
    + 44 20 7523 8350

    Newgate Threadneedle
    Terry Garrett / Beth Harris / Graham Herring
    + 44 20 7653 9850

    CHF Investor Relations
    Jeremy Hill
    + 1 416 868 1079 x 238
    jeremy@chfir.com