Caledonia Mining Appoints New Director

Caledonia Mining Appoints New Director

ID: 146354

(firmenpresse) - 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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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 15.05.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 146354
Anzahl Zeichen: 4778

contact information:
Town:

TORONTO, ONTARIO



Kategorie:

Mining & Metals



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