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Caledonia Mining Corporation plc (TSX: CAL, OTCQX: CALVF, AIM: CMCL) Exercise of Share Options

Caledonia Mining Corporation plc - Exercise of Share Options

 

30 March, 2016:  Caledonia Mining Corporation (“Caledonia” or the “Company” - https://www.commodity-tv.net/c/mid,34988,Mines_und_Money_London_2015/?v=295214) announces that it received notice yesterday that Steve Curtis (Chief Executive Officer) exercised options over 65,000 common shares of no par value each (“Option Shares”) in the Company at an exercise price of 90 Canadian cents per share. 

Caledonia has applied for these 65,000 Option Shares to be admitted to trading on AIM and it is anticipated that trading in such shares will commence on 5 April 2016 (“Admission”).

Following Admission, Mr. Curtis will hold 365,000 Caledonia common shares, representing approximately 0.70 per cent of the total number of common shares in issue.

The total number of shares in issue following Admission will be 52,143,946.

Caledonia has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact: 

Caledonia Mining Corporation

Mark Learmonth

Tel: +27 11 447 2499

marklearmonth@caledoniamining.com

WH Ireland

Adrian Hadden/Nick Prowting

Tel: +44 20 7220 1751

 

 

Blytheweigh

Tim Blythe/Camilla Horsfall/Megan Ray

Tel: +44 20 7138 3204

Swiss Resource Capital AG

Jochen Staiger

info@resource-capital.ch

www.resource-capital.ch

 

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PDAC 2019

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at info@resource-capital.ch. We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

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