Bay Street News

Caledonia Mining Corporation Plc: Notification of holding in the Company

ST HELIER, CHANNEL ISLANDS–(Marketwired – May 24, 2017) – Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) has received notification today that the Company’s largest significant shareholder (as defined by the AIM Rules for Companies) Allan Gray Proprietary Limited (“Allan Gray”) has increased its interest to 9,456,200 common shares representing 17.91% of the common shares in issue. Allan Gray is one of South Africa’s largest institutional fund managers. Caledonia welcomes Allan Gray’s continued investment in the Company.

Caledonia Mining Corporation Plc
Mark Learmonth
+44 1534 679 802 or +27 11 447 2499

Caledonia Mining Corporation Plc
Maurice Mason
+44 759 078 1139

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

Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Ray
+44 207 138 3204