Mr. Mark Learmonth reports
CALEDONIA MINING CORPORATION CONFIRMS DISTRIBUTION OF MEETING MATERIALS TO SHAREHOLDERS
Caledonia Mining Corp. has sent by post a notice of special meeting of shareholders, a proxy and information circular, and a proxy form to Caledonia's shareholders of record registered as at Dec. 20, 2012. The meeting materials relate to the proposed reduction of stated capital of Caledonia's common shares and the proposal that the issued and outstanding common shares in the capital of the company be consolidated on the basis of one postconsolidation common share for every 10 common shares currently issued and outstanding. Shareholder approval is required for both of these actions.
Registered shareholders can expect to receive the meeting materials in the post. In accordance with the requirements set out in National Instrument 54-101 of the Canadian Securities Administrators, the company has distributed copies of the meeting materials to the clearing agencies and intermediaries for onward distribution to non-registered shareholders. Non-registered shareholders should contact the registered shareholder through whom they hold their Caledonia shares to arrange for delivery of the meeting materials to them and/or to direct the voting of the Caledonia shares which they beneficially own.
The meeting materials are also available on Caledonia's website and on SEDAR from which they can be downloaded. Please note that proxy forms will only be accepted from registered shareholders.
The proposed dates for the subsequent payment of the proposed initial dividend (if the resolution for the reduction in stated capital is passed) are set out below.
Jan. 24, 2013: special meeting;
- Jan. 25, 2013: Caledonia board to declare dividend;
Feb. 8, 2013: proposed dividend record date;
Feb. 22, 2013: proposed dividend payment date.
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