TORONTO, ONTARIO -- (Marketwired) -- 05/17/16

Caledonia Mining Corporation Plc ("Caledonia") (TSX: CAL)(OTCQX: CALVF)(AIM: CMCL) announces that it received notification after market close on May 16, 2016 that Leigh Wilson, Caledonia's chairman, has purchased 75,000 common shares in Caledonia at an average price of 100.96 US cents per share.

Following this transaction, Mr. Wilson's total beneficial holding is 75,000 common shares representing 0.14 per cent of the issued share capital of Caledonia.

Contacts:
Caledonia Mining Corporation Plc
Mark Learmonth
+27 11 447 2499
marklearmonth@caledoniamining.com

WH Ireland
Adrian Hadden/Nick Prowting
+44 20 7220 1751

Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Ray
+44 20 7138 3204