Caledonia Mining Corporation Plc: Appointment of Nominated Advisor and Joint Broker

Rhea-AI Summary

Caledonia Mining Corporation Plc (CMCL) has appointed Cenkos Securities Plc as its nominated adviser and joint broker, effective May 5, 2022. This strategic move aims to enhance the company's advisory and brokerage capabilities in the market. The appointment reflects Caledonia's commitment to strengthening its financial operations and maximizing shareholder value through improved market engagement.

Positive

• Appointment of Cenkos Securities as a joint broker may enhance market presence.
• Strategic advisory support could improve investor relations and shareholder value.

Negative

• None.

ST HELIER, Jersey, May 05, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce the appointment of Cenkos Securities Plc as its nominated adviser and joint broker with effect from today.

Enquiries:

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall	Tel: +44 1534 679 802 Tel: +44 7817 841793
Cenkos Securities Plc Neil McDonald Pearl Kellie Liberum Capital Limited Scott Mathieson/Kane Collings	Tel: +44 131 220 9771 Tel: +44 131 220 9775 Tel: +44 20 3100 2000
BlytheRay Financial PR Tim Blythe/Megan Ray	Tel: +44 207 138 3204
3PPB Patrick Chidley Paul Durham	Tel: +1 917 991 7701 Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe) Debra Tatenda	Tel: +263 77280 2131

FAQ

What is the significance of Caledonia Mining's appointment of Cenkos Securities?

The appointment enhances Caledonia's market advisory capabilities, potentially leading to improved investor relations.

When did Caledonia Mining announce the appointment of Cenkos Securities?

Caledonia Mining announced the appointment on May 5, 2022.

How might the appointment of Cenkos Securities affect CMCL's stock performance?

The appointment may positively impact CMCL's stock performance by strengthening market engagement and investor confidence.

Is this change part of a larger strategy for Caledonia Mining?

Yes, it reflects Caledonia's strategy to enhance financial operations and shareholder value.