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Caledonia Mining’s Largest Shareholder Increases Stake

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Caledonia Mining’s Largest Shareholder Increases Stake

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The latest announcement is out from Caledonia Mining ( (CMCL) ).

Caledonia Mining Corporation Plc announced that Victor Gapare, an executive director and the settlor of a trust owning shares in Toziyana Resources Limited, the largest shareholder in Caledonia, purchased 10,000 common shares at $18.45 each. This transaction increases Mr. Gapare’s interest to 12.62% of the company’s issued share capital, potentially strengthening his influence within the company and reflecting confidence in its future performance.

More about Caledonia Mining

Caledonia Mining Corporation Plc is a company involved in the mining industry, primarily focusing on the extraction and production of minerals. The company is listed on multiple stock exchanges, including NYSE American, AIM, and VFEX.

For an in-depth examination of CMCL stock, go to TipRanks’ Stock Analysis page.

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