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Caledonia considers a listing on the Victoria Falls Stock Exchange in Zimbabwe


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Caledonia considers a listing on the Victoria Falls Stock Exchange in Zimbabwe
Caledonia Mining CorporationJuly 8, 2021 GMT
ST HELIER, Jersey, July 08, 2021 (GLOBE NEWSWIRE) Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN & AIM: CMCL) announces it is commencing the process of pursuing a listing of depositary receipts representing the Company’s shares on the Victoria Falls Stock Exchange (“VFEX”) in Zimbabwe. Such a listing would be conditional upon market conditions and the implementation of positive proposals made by the Zimbabwe authorities in respect of improved payments in US dollars for gold produced at the Company’s majority owned Blanket Mine. ....

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