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Caledonia Mining Corporation Plc: Results for the quarter and nine months ended September 30, 2022 (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL)

Caledonia Announces the Acquisition of Motapa Gold Exploration Project in Zimbabwe

Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) is pleased to announce that it has purchased Motapa Mining Company UK Limited, the parent company of a Zimbabwe subsidiary which holds a registered mining lease over the Motapa gold exploration property in Southern Zimbabwe (“Motapa” or the “Project”). The Company has made the purchase from Bulawayo Mining Company Limited, a privately owned UK company. The purchase price is undisclosed but is below the regulatory disclosure threshold.

Caledonia Mining Corporation Plc Acquisition of the Motapa gold exploration project in Zimbabwe

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