Caledonia Mining Corporation - Issue of Equity and Director's Dealing
TORONTO, Feb. 1, 2012 /CNW Telbec/ - Caledonia Mining Corporation ('Caledonia' or 'the Company')
(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
CONTACT:
Caledonia Mining Corporation Collins Stewart Europe Limited
Mark Learmonth John Prior / Sebastian Jones
Tel: + 27 11 447 2499 Tel: + 44 20 7523 8350
marklearmonth@caledoniamining.com
Renmark Financial Communications Inc. Collins Stewart LLC
John Dan Mintz
Boidman: jboidman@renmarkfinancial.com Tel: +1 212 389 8022
Nadia Marks: nmarks@renmarkfinancial.comDMintz@collinsstewartllc.com
Tel.: (514) 939-3989 or (416) 644-2020
www.renmarkfinancial.com
Newgate Threadneedle Communications
Laurence Read, tel +44 207 653 9855
Beth Harris, tel +44 207 653 9853
Terry Garrett, tel +44 207 653 9845
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