Caledonia Mining Corporation Plc: Appointment of Independent Non-Executive Director

ST HELIER, Jersey, Feb. 23, 2021 (GLOBE NEWSWIRE) — Caledonia Mining Company Plc (NYSE AMERICAN: CMCL; AIM: CMCL) (“Caledonia” or the “Firm”) pronounces that Mrs Geralda Wildschutt has joined the Board of Administrators of the Firm as an impartial Non-Government Director with quick impact.

Mrs Wildschutt brings a wealth of expertise with 25 years working in social growth and stakeholder administration within the fields of social efficiency, neighborhood relations in mining operations, monetary providers and trade our bodies targeted on accountable mining.

During the last 5 years she has been a guide to Anglo American, Gold Fields, Ivanhoe Mines and South32 on a spread of social efficiency areas, together with social funding, ESG compliance, human rights and social impression assessments, strengthening of neighborhood trusts, capability constructing and methods growth.

Previous to this, Mrs Wildschutt held senior administration roles in social efficiency and sustainability at quite a few firms, together with Gold Fields and Anglo American.

Mrs Wildschutt holds a Grasp of Enterprise Administration from the Enterprise Faculty of the Netherlands, a Grasp of Schooling in Academic Psychology from the College of Cape City and a Bachelor of Arts from the College of Western Cape.

Commenting on Mrs Wildschutt’s appointment, Mr Leigh Wilson, Caledonia’s Chairman, stated:

“I’m delighted to welcome Geralda Wildschutt to Caledonia’s Board. She has vital expertise of working in Africa, in addition to within the fields of sustainability and neighborhood engagement that are each central to our imaginative and prescient of being a socially accountable enterprise. Her experience will show invaluable and my fellow Board members and I very a lot look ahead to working together with her.”

For additional info please contact:

Appendix 1 – Present and Earlier Directorships of Mrs Wildschutt and different issues required to be notified in accordance with paragraph (g) of Schedule 2 to the AIM Guidelines

The names of all firms and partnerships of which Mrs Wildschutt has been a director or associate at any time within the earlier 5 years are set out under.

Mrs Wildschutt’s full title is Mrs Geralda Wildschutt (previously Josephs). She is 52 years outdated.

Mrs Wildschutt holds no shares or share choices within the Firm.

There aren’t any different issues that are required to be introduced pursuant to paragraph (g) of Schedule 2 to the AIM Guidelines.

Info and statements contained on this information launch that aren’t historic information are “forward-looking info”, “monetary outlooks” or “future oriented monetary info” (collectively, “forward-looking info”) throughout the that means of relevant securities laws that contain dangers and uncertainties relating, however not restricted to Caledonia’s present expectations, intentions, plans, and beliefs. Ahead-looking info can typically be recognized by forward-looking phrases akin to “anticipate”, “consider”, “anticipate”, “purpose”, “plan”, “goal”, “intend”, “estimate”, “may”, “ought to”, “could” and “will” or the destructive of those phrases or comparable phrases suggesting future outcomes, or different expectations, beliefs, plans, goals, assumptions, intentions or statements about future occasions or efficiency. Examples of forward-looking info on this information launch embody: manufacturing steering, estimates of future/focused manufacturing charges, and our plans and timing relating to additional exploration and drilling and growth, building plans, monetary and shareholders returns on funding tasks. This forward-looking info relies, partially, on assumptions and elements which will change or show to be incorrect, thus inflicting precise outcomes, efficiency or achievements to be materially completely different from these expressed or implied by forward-looking info. Such elements and assumptions embody, however are usually not restricted to: failure to determine estimated sources and reserves, the grade and restoration of ore which is mined various from estimates, success of future exploration and drilling applications, reliability of drilling, sampling and assay information, assumptions relating to the representativeness of mineralization being inaccurate, success of deliberate metallurgical test-work, capital and working prices various considerably from estimates, delays in acquiring or failures to acquire required governmental, environmental or different mission approvals, inflation, modifications in alternate charges, fluctuations in commodity costs, delays within the growth of tasks, the completion of building tasks, the proposed advantages from building tasks and different elements.

To the extent any forward-looking info herein constitutes a monetary outlook or future oriented monetary info, any such assertion is made as of the date hereof and included herein to supply potential buyers with an understanding of the Firm’s plans and assumptions. Safety holders, potential safety holders and different potential buyers are cautioned that such info is probably not applicable for different functions and ought to be conscious that these statements are topic to recognized and unknown dangers, uncertainties and different elements that might trigger precise outcomes to vary materially from these urged by the forward-looking statements. Such elements embody, however are usually not restricted to: dangers referring to estimates of mineral reserves and mineral sources proving to be inaccurate, fluctuations in gold worth, dangers and hazards related to the enterprise of mineral exploration, growth and mining, dangers referring to the credit score worthiness or monetary situation of suppliers, refiners, contractors and different events with whom the Firm does enterprise; insufficient insurance coverage, or incapability to acquire insurance coverage, to cowl these dangers and hazards, worker relations; relationships with and claims by native communities and indigenous populations; political threat; dangers associated to pure disasters, terrorism, civil unrest, public well being issues (together with well being epidemics or outbreaks of communicable illnesses such because the coronavirus (COVID-19)); availability and growing prices related to mining inputs and labour; the speculative nature of mineral exploration and growth, together with the dangers of acquiring or sustaining mandatory licenses and permits, diminishing portions or grades of mineral reserves as mining happens; world monetary situation, the precise outcomes of present exploration actions, modifications to conclusions of financial evaluations, and modifications in mission parameters to cope with unanticipated financial or different elements, dangers of elevated capital and working prices, environmental, security or regulatory dangers, expropriation, the Firm’s title to properties together with possession thereof, elevated competitors within the mining trade for properties, tools, certified personnel and their prices, dangers referring to the uncertainty of timing of occasions together with focused manufacturing fee enhance, building exercise and foreign money fluctuations. Safety holders, potential safety holders and different potential buyers are cautioned that the assumptions used within the preparation of such forward-looking info, though thought-about cheap on the time of preparation, could show to be imprecise and, accordingly, they need to not place undue reliance on such forward-looking info. By its nature, forward-looking info includes quite a few assumptions, inherent dangers and uncertainties, each normal and particular, that contribute to the chance that the predictions, forecasts, projections and numerous future occasions is not going to happen. Caledonia undertakes no obligation to replace publicly or in any other case revise any forward-looking info whether or not on account of new info, future occasions or different such elements which have an effect on this info, besides as required by legislation.