Caledonia Mining Corporation Plc press release

Caledonia Mining Corporation Plc: Utilisation of the block admission in respect of ATM Sales Agreement

2025-12-16

NYSE - New York Stock Exchange · Jersey

ST HELIER, Jersey, Dec. 16, 2025 (GLOBE NEWSWIRE) -- In accordance with Rule 29 of the AIM Rules for Companies (“the AIM Rules”), Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) gives below the information required by Schedule Six of the AIM Rules in connection with its "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co (“Cantor”) (the “ATM Sales Agreement”), as announced on December 17, 2024.

| Name of company: | Caledonia Mining Corporation Plc | | Name of scheme: | ATM Sales Agreement | | Period of return: | From June 16, 2025 to December 16, 2025 | | Number and class of securities not issued under the scheme: | 4,000,000 depositary interests representing the same number of common shares | | Number of securities issued/allotted under scheme during period: | Nil | | Balance under scheme of securities not yet issued/allotted at end of period: | 4,000,000 depositary interests representing the same number of common shares | | Number and class of securities originally admitted pursuant to the scheme and the date of admission: | Nil | | Contact name and telephone number: | As below |

Enquiries:

| Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall | Tel: +44 1534 679 800 Tel: +44 7817 841 793 | | Cavendish Capital Markets Limited (Nomad and Broker) Adrian Hadden | Tel: +44 207 397 1965 Tel: +44 131 220 9775 | | Camarco, Financial PR (UK) Gordon Poole Elfie Kent | Tel: +44 20 3757 4980 | | Curate Public Relations (Zimbabwe) Debra Tatenda | Tel: +263 77802131 | | IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa | Tel: +263 (242) 745 119/33/39 |

[](https://www.globenewswire.com/NewsRoom/AttachmentNg/0035576b-1c64-4826-8b0a-85178fe14519)