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Caledonia Mining’s Major Shareholder Increases Stake

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Caledonia Mining ( (CMCL) ) just unveiled an announcement.

Caledonia Mining Corporation Plc announced that Toziyana Resources Limited, the largest shareholder in the company, purchased 12,449 common shares at an average price of $14.47 per share. This transaction increases Mr. Victor Gapare’s interest, as the settlor of the trust owning Toziyana, to 12.56% of the company’s issued share capital, potentially strengthening his influence within the company.

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