Caledonia Mining Corporation Plc: Utilisation of the block admission in respect of ATM Sales Agreement | CMCL Stock News

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Jun 16, 2025
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  • Caledonia Mining Corporation (CMCL, Financial) has not issued any shares under its ATM sales agreement as of June 2025.
  • 4,000,000 depositary interests remain unissued under the scheme.
  • The ATM sales agreement was established with Cantor Fitzgerald & Co. in December 2024.

Caledonia Mining Corporation Plc (CMCL) has provided an update on its At the Market (ATM) sales agreement with Cantor Fitzgerald & Co. The company reported that during the period from December 17, 2024, to June 16, 2025, no securities have been issued or allotted under the ATM sales agreement. Consequently, the balance of securities not yet issued remains at 4,000,000 depositary interests representing common shares.

This update is issued in compliance with Rule 29 of the AIM Rules for Companies, ensuring transparency regarding the status of Caledonia's ATM facility. The ATM agreement, which enables the company to sell shares directly into the market at prevailing prices, was established as a strategic financial tool with Cantor Fitzgerald & Co.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.