Caledonia Mining Corporation PLC has announced the cancellation of its block admission in relation to the ATM Sales Agreement with Cantor Fitzgerald & Co. The company confirmed that no shares have been or will be allotted pursuant to the agreement. The block admission was cancelled due to the expiration of the Form F-3 Registration Statement under the Securities Act of 1933, with an effective date of June 12, 2024.
In compliance with the AIM Rules for Companies, Caledonia provided details regarding the ATM Sales Agreement. The company reported that from May 17, 2024, to June 11, 2024, no securities were issued or allotted under the scheme. The balance under the scheme of securities not yet issued or allotted at the end of the period was 2,000,000 depositary interests representing the same number of common shares.
Caledonia also disclosed the contact information for inquiries related to the announcement. The company provided the names and telephone numbers of relevant contacts at Caledonia Mining Corporation Plc, Cavendish Capital Markets Limited, Liberum Capital Limited, Camarco, 3PPB, Curate Public Relations, and IH Securities (Private) Limited.
This announcement provides important information for investors and stakeholders of Caledonia Mining Corporation PLC regarding the cancellation of the block admission in connection with the ATM Sales Agreement.