News Column

Caledonia Mining Corporation - Major Shareholder Notification

May 8, 2014



ENP Newswire - 08 May 2014

Release date- 07052014 - Toronto, Ontario - Caledonia Mining Corporation (TSX: CAL, OTCQX: CALVF, AIM: CMCL) announces that it has received notification today that mutual funds managed by Allan Gray, a South African investment trust/fund manager are now interested in 6,382,500 ordinary shares of the Company, representing 12.25 per cent of the current issued share capital of the Company.

Caledonia has also received notification that Pinetree Capital Ltd, which previously owned 5,026,300 ordinary shares of the Company, representing 10.04 per cent of the issued share capital of the Company, no longer has any interest in the Company's shares.

Contact:

Caledonia Mining Corporation

Mark Learmonth

Tel: +27 11 447 2499

Email: marklearmonth@caledoniamining.com

Numis

John Prior

Jamie Loughborough

Tel: +44 20 7260 1000

BlytheWeigh

Tim Blythe

Halimah Hussain

Camilla Horsfall

Tel: +44 20 7138 3204

WH Ireland

Adrian Hadden

Nick Field

Tel: +44 20 7220 1751


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Source: ENP Newswire