TORONTO, ONTARIO — (Marketwire) — 11/22/12 — Caledonia Mining Corporation („Caledonia“ or the „Company“) (TSX: CAL)(OTCQX: CALVF)(AIM: CMCL), received notice on November 20, 2012 that Mark Learmonth, a Person Disclosing Managerial Responsibility (PDMR) of the Company, exercised options over an aggregate 562,500 ordinary shares in the Company („Ordinary Shares“) at an exercise price of Cdn$0.07 per share.
Following this transaction, Mark Learmonth and persons connected to him have interest in 920,000 Ordinary Shares representing approximately 0.2% of the Company-s issued ordinary share capital, all of which are held beneficially.
Following this notification, the Company has 508,461,780 Ordinary Shares in issue.
Contacts: Caledonia Mining Corporation Mark Learmonth + 27 11 447 2499
Canaccord Genuity Limited Andrew Chubb / Sebastian Jones + 44 20 7523 8350
Newgate Threadneedle Terry Garrett / Beth Harris / Graham Herring + 44 20 7653 9850
CHF Investor Relations Jeremy Hill + 1 416 868 1079 x 238
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