Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL)
(“Caledonia” or the “Company”) announces that Mrs Geralda
Wildschutt has joined the Board of Directors of the Company as an
independent Non-Executive Director with immediate effect.
Mrs Wildschutt brings a wealth of experience
with 25 years working in social development and stakeholder
management in the fields of social performance, community relations
in mining operations, financial services and industry bodies
focused on responsible mining.
Over the last five years she has been a
consultant to Anglo American, Gold Fields, Ivanhoe Mines and
South32 on a range of social performance areas, including social
investment, ESG compliance, human rights and social impact
assessments, strengthening of community trusts, capacity building
and systems development.
Prior to this, Mrs Wildschutt held senior
management roles in social performance and sustainability at a
number of companies, including Gold Fields and Anglo American.
Mrs Wildschutt holds a Master of Business
Administration from the Business School of the Netherlands, a
Master of Education in Educational Psychology from the University
of Cape Town and a Bachelor of Arts from the University of Western
Cape.
Commenting on Mrs
Wildschutt’s appointment, Mr Leigh Wilson,
Caledonia's Chairman, said:
“I am delighted to welcome Geralda Wildschutt to
Caledonia’s Board. She has significant experience of working in
Africa, as well as in the fields of sustainability and community
engagement which are both central to our vision of being a socially
responsible business. Her expertise will prove invaluable and my
fellow Board members and I very much look forward to working with
her.”
For further information please contact:
Caledonia Mining Corporation Plc Mark Learmonth
Camilla Horsfall |
Tel: +44 1534 679 802 Tel: +44
7817 841793 |
WH Ireland
Adrian Hadden/James Sinclair-Ford |
Tel: +44 20 7220 1751 |
Blytheweigh Tim
Blythe/Megan Ray |
Tel: +44 207 138 3204 |
3PPB Patrick
Chidley Paul Durham |
Tel: +1 917 991 7701 Tel: +1 203
940 2538 |
Appendix 1 - Current and Previous
Directorships of Mrs Wildschutt and other matters required to be
notified in accordance with paragraph (g) of Schedule 2 to the AIM
Rules
The names of all companies and partnerships of
which Mrs Wildschutt has been a director or partner at any time in
the previous five years are set out below.
Company/Partnership |
Status |
Maisha Social Solutions Pty Ltd |
2016 to present |
SAICA ED Pty Ltd |
2017 to present |
The Hope Factory |
2012 to present |
Anglo American Namibia Foundation |
2010 to present |
Mrs Wildschutt’s full name is Mrs Geralda Wildschutt (formerly
Josephs). She is 52 years old.
Mrs Wildschutt holds no shares or share options in the
Company.
There are no other matters which are required to
be announced pursuant to paragraph (g) of Schedule 2 to the AIM
Rules.
Information and statements contained in this
news release that are not historical facts are "forward-looking
information", "financial outlooks" or "future oriented
financial information" (collectively, "forward-looking
information") within the meaning of applicable securities
legislation that involve risks and uncertainties relating, but not
limited to Caledonia's current expectations, intentions, plans, and
beliefs. Forward-looking information can often be identified by
forward-looking words such as "anticipate", "believe", "expect",
"goal", "plan", "target", "intend", "estimate", "could", "should",
"may" and "will" or the negative of these terms or similar words
suggesting future outcomes, or other expectations, beliefs, plans,
objectives, assumptions, intentions or statements about future
events or performance. Examples of forward-looking information in
this news release include: production guidance, estimates of
future/targeted production rates, and our plans and timing
regarding further exploration and drilling and development,
construction plans, financial and shareholders returns on
investment projects. This forward-looking information is based, in
part, on assumptions and factors that may change or prove to be
incorrect, thus causing actual results, performance or achievements
to be materially different from those expressed or implied by
forward-looking information. Such factors and assumptions include,
but are not limited to: failure to establish estimated resources
and reserves, the grade and recovery of ore which is mined varying
from estimates, success of future exploration and drilling
programs, reliability of drilling, sampling and assay data,
assumptions regarding the representativeness of mineralization
being inaccurate, success of planned metallurgical test-work,
capital and operating costs varying significantly from estimates,
delays in obtaining or failures to obtain required governmental,
environmental or other project approvals, inflation, changes in
exchange rates, fluctuations in commodity prices, delays in the
development of projects, the completion of construction projects,
the proposed benefits from construction projects and other
factors.
To the extent any forward-looking information
herein constitutes a financial outlook or future oriented financial
information, any such statement is made as of the date hereof
and included herein to provide prospective investors with an
understanding of the Company's plans and assumptions. Security
holders, potential security holders and other prospective investors
are cautioned that such information may not be appropriate for
other purposes and should be aware that these statements are
subject to known and unknown risks, uncertainties and other factors
that could cause actual results to differ materially from those
suggested by the forward-looking statements. Such factors include,
but are not limited to: risks relating to estimates of mineral
reserves and mineral resources proving to be inaccurate,
fluctuations in gold price, risks and hazards associated with the
business of mineral exploration, development and mining, risks
relating to the credit worthiness or financial condition of
suppliers, refiners, contractors and other parties with whom the
Company does business; inadequate insurance, or inability to obtain
insurance, to cover these risks and hazards, employee relations;
relationships with and claims by local communities and indigenous
populations; political risk; risks related to natural disasters,
terrorism, civil unrest, public health concerns (including health
epidemics or outbreaks of communicable diseases such as the
coronavirus (COVID-19)); availability and increasing costs
associated with mining inputs and labour; the speculative nature of
mineral exploration and development, including the risks of
obtaining or maintaining necessary licenses and permits,
diminishing quantities or grades of mineral reserves as mining
occurs; global financial condition, the actual results of current
exploration activities, changes to conclusions of economic
evaluations, and changes in project parameters to deal with
unanticipated economic or other factors, risks of increased capital
and operating costs, environmental, safety or regulatory risks,
expropriation, the Company's title to properties including
ownership thereof, increased competition in the mining industry for
properties, equipment, qualified personnel and their costs, risks
relating to the uncertainty of timing of events including targeted
production rate increase, construction activity and currency
fluctuations. Security holders, potential security holders and
other prospective investors are cautioned that the assumptions used
in the preparation of such forward-looking information, although
considered reasonable at the time of preparation, may prove to be
imprecise and, accordingly, they should not place undue reliance on
such forward-looking information. By its nature, forward-looking
information involves numerous assumptions, inherent risks and
uncertainties, both general and specific, that contribute to the
possibility that the predictions, forecasts, projections and
various future events will not occur. Caledonia undertakes no
obligation to update publicly or otherwise revise any
forward-looking information whether as a result of new information,
future events or other such factors which affect this information,
except as required by law.
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