Caledonia Mining Corp.

Issue and Exercise of Share Options

Share article on

Caledonia Mining Corporation Plc (“Caledonia” or the “Company” - http://www.commodity-tv.net/c/mid,1323,Interviews/?v=296937 ) announces that it received notice yesterday that Mr Leigh Wilson (an independent non-executive director and chairman of the board) has exercised options over 90,000 common shares of no par value each (“Option Shares”) in the Company at an exercise price of 90 Canadian cents per share. Caledonia will apply for these 90,000 Option Shares to be admitted to trading on AIM and it is anticipated that trading in such shares will commence on 21 October 2016 (“Admission”). Following Admission, Mr. Wilson will hold 165,000 Caledonia common shares, representing approximately 0.32 per cent of the total number of common shares in issue.
The total number of shares in issue following Admission will be 52,350,946.
In addition, Caledonia announce that on 13 October, 2016 options over 90,000 common shares of no par value each in the Company were granted to John McGloin, a non-executive director of the Company, exercisable at 230 Canadian cents and to expire on 13 October 2021. These options were granted following Mr McGloin’s appointment to the board of Caledonia, which was announced on August 10, 2015. Mr McGloin now holds a total of 90,000 options over the common shares of the Company.
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 Plc
Mark Learmonth – CFO
Tel: +44 1534 702 998
marklearmonth@caledoniamining.com

WH Ireland
Adrian Hadden/Nick Prowting
Tel: +44 20 7220 1751

Maurice Mason – Investor Relations
Tel: +44 759 078 1139
mauricemason@caledoniamining.com

Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Ray
Tel: +44 20 7138 3204

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource-capital.ch



New Videos Caledonia Mining Corp.


TerraX receives $1,910,759 from the exercise of warrants

With the exercise of these warrants, the Company now has cash on hand of $2.83 Million.  

TerraX Minerals Inc.

Chartbook “In Gold we Trust 2017“ by Ronald Stöferle & Mark Valek

In Gold we trust 2017 Chartbook is the ulitmative booklet with 60 charts why gold is hot!

Ascendant Resources Inc. , Alabama Graphite Corp. , Altona Mining Ltd. , Birimian Ltd. , Caledonia Mining Corp. , Endeavour Silver Corp. , GoldMining Inc. , Klondex Mines Ltd. , MAG Silver Corp. , Osisko Gold Royalties Ltd. , Pershing Gold Corp. , Rye Patch Gold Corp. , Sibanye Gold Ltd. , Sierra Metals Inc. , TerraX Minerals Inc. , Treasury Metals Inc. , US Gold Corp.

Ascendant Resources Provides Third Quarter and September Production Update

  • Milled production for Q3 increased by 17% against Q2 2017 averaging 1,934 tpd; September milled production increased by 8% versus August 2017...
Ascendant Resources Inc.