Issue of Equity and Director's Dealing

RNS Number : 5874W

Caledonia Mining Corporation

01 February 2012

 



Issue of Equity and Director's Dealing

Toronto, Ontario - February 1, 2012: Caledonia Mining Corporation ("Caledonia" or "the Company") (TSX: CAL, NASDAQ-OTCQX: CALVF, AIM: CMCL) announces that on 30 May 2011, Stefan Hayden, Chief Executive Officer of Caledonia, was issued 380,000 new ordinary shares of no par value in the Company ("Ordinary Shares") at a price of C$0.09 per new Ordinary Share, conditional on these funds being received by the Company which they subsequently were.

Following this purchase, Stefan Hayden's beneficial interest in the Company is 380,000 Ordinary Shares representing 0.076% of the Company's enlarged issued share capital.

The Company has applied for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 7 February 2012. Following this issue of equity, the Company has 500,549,303 Ordinary Shares in issue.

Caledonia Mining Corporation		Collins Stewart Europe Limited
Mark Learmonth		John Prior / Sebastian Jones
Tel: + 27 11 447 2499		Tel: + 44 20 7523 8350
[e-mail]
Renmark Financial Communications Inc		Collins Stewart LLC
John Boidman or  Dustin Buenaventura Tel: [phone] or [phone] [e-mail]		Dan Mintz Tel: [phone] [e-mail]
[e-mail] Newgate Threadneedle Communications Laurence Read, tel [phone] Beth Harris, tel [phone] Terry Garrett, tel [phone]

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

 

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