TORONTO, ONTARIO — (Marketwire) — 05/15/12 — Caledonia Mining Corporation („Caledonia“) (TSX: CAL)(OTCQX: CALVF)(AIM: CMCL) is pleased to announce the appointment of Mr. Richard Patricio as a Non-Executive Director of Caledonia with immediate effect.
Mr. Patricio is Vice President Legal and Corporate Affairs at Pinetree Capital („Pinetree“), a Toronto-based resource-specialist investor and long-standing shareholder in Caledonia. As at May 14, 2012, Pinetree held interests amounting to approximately 10.1% of the issued share capital of the Company.
Mr. Patricio currently holds directorships with several Canada-based resource companies and previously practiced law at Oslers LLP in Toronto and worked as in-house General Counsel for Teknion Corporation. Mr. Patricio is a lawyer qualified to practice in the Province of Ontario.
Commenting on Mr Patricio-s appointment, Stefan Hayden, Caledonia-s President and Chief Executive Officer, said: „I am delighted to welcome Richard to Caledonia. I am confident that his perspective and experience will be a valuable addition to the board.“
Further information on Richard J. Patricio (38 years old):
Mr. Patricio is currently a director of the following companies:
Save as set out in this announcement, there are no further matters to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies.
Further information regarding Caledonia-s exploration activities and operations along with its latest financials and Management Discussion and Analysis may be found at .
Contacts: Caledonia Mining Corporation Mark Learmonth + 27 11 447 2499
Canaccord Genuity Limited John Prior / Sebastian Jones + 44 20 7523 8350
Newgate Threadneedle Josh Royston / Beth Harris / Terry Garrett +44 20 7653 9850
CHF Investor Relations Stephanie Fitzgerald +1 416 868 1079 x 222
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