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Caledonia Mining Corporation Plc: Utilisation of the Block Admission in Respect of ATM Sales Agreement

Caledonia Mining (NYSE American:CMCL) reported details of its At the Market (ATM) sales agreement with Cantor Fitzgerald under AIM Rule 29.

(Moderate)

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Caledonia Mining (NYSE American:CMCL) reported details of its At the Market (ATM) sales agreement with Cantor Fitzgerald under AIM Rule 29. For the period from December 16, 2025 to June 12, 2026, no securities were issued. 4,000,000 depositary interests, representing the same number of common shares, remain available but unissued under the scheme.

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Argus Jun 12 session
+3.65% close to close Open Argus
Details

News Market Reaction – CMCL

On Jun 12, the day this news came out, CMCL closed 3.65% above the previous close.

Data tracked by StockTitan Argus for the Jun 12 session.

Key Figures

Unused ATM capacity: 4,000,000 depositary interests ATM balance period start: December 16, 2025 ATM balance period end: June 12, 2026 +1 more
Unused ATM capacity
4,000,000 depositary interests
Securities not issued under ATM scheme as of June 12, 2026
ATM balance period start
December 16, 2025
Start of period of return for ATM utilisation report
ATM balance period end
June 12, 2026
End of period of return for ATM utilisation report
Securities issued in period
Nil
Number of securities issued/allotted under ATM during period

Historical Context

5 past events · Latest: Jun 10
5 events
  1. Jun 10

    Exploration results

    24h Move
    -1.3%

    Reported 2025 Motapa drilling results outlining 6km of gold mineralisation.

  2. May 22

    Technical report refiling

    24h Move
    -1.3%

    Refiled Bilboes NI 43-101 report to address disclosure compliance issues.

  3. May 15

    Insider share purchase

    24h Move
    -3.7%

    Chairman July Ndlovu purchased 15,000 shares on NYSE American.

  4. May 11

    Quarterly results

    24h Move
    +1.5%

    Q1 2026 results showed higher revenue, EBITDA, EPS and a declared dividend.

  5. May 07

    Corporate communications

    24h Move
    +2.5%

    Announced availability of a new corporate video and IR contact details.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

at the market, atm sales agreement, depositary interests, aim rules
4 terms
at the market financial
"in connection with its "At the Market" or "ATM" sales agreement with Cantor"
“At the market” describes a method companies use to sell newly issued shares directly into the open market at whatever the current trading price is, usually through a broker who places shares in small amounts over time. Investors care because it can reduce each existing shareholder’s ownership percentage and increase the number of shares outstanding, while giving the company a flexible, quick way to raise cash — like adding single seats to a train instead of buying a whole new carriage.
atm sales agreement financial
"in connection with its "At the Market" or "ATM" sales agreement with Cantor"
An ATM sales agreement is a standing arrangement that lets a company sell its shares directly into the open market at prevailing prices, often through a broker, instead of selling a large block all at once. Investors care because it gives the company a flexible, on-demand way to raise cash but can slowly increase the number of shares outstanding and put downward pressure on the stock price—think of it like drip-feeding new supply into a marketplace.
depositary interests financial
"4,000,000 depositary interests representing the same number of common shares"
Depositary interests are certificates or electronic receipts that represent ownership of shares in a foreign company held by a local custodian, letting investors buy and sell those shares on their home exchange without directly holding the underlying foreign stock. Think of them like a warehouse receipt for goods stored overseas: they make trading simpler and often avoid the need to deal with foreign paperwork, currency or settlement systems. Investors use them to access foreign companies more easily, but rights such as voting and dividend timing can differ from holding the original shares.
aim rules regulatory
"In accordance with Rule 29 of the AIM Rules for Companies ("the AIM Rules")"
AIM Rules are the set of regulatory requirements that govern companies listed on the AIM market of the London Stock Exchange, outlining what firms must disclose, how they must behave, and the standards for admission and ongoing trading. For investors, they matter because they set expectations for transparency and accountability—like a rulebook that helps you judge how reliably a small or growing company shares material information and manages risks, which affects investment trust and valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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(NYSE American:CMCL)(AIM:CMCL)(VFEX:CMCL)

SAINT HELIER, JE / ACCESS Newswire / June 12, 2026 / In accordance with Rule 29 of the AIM Rules for Companies ("the AIM Rules"), Caledonia Mining Corporation Plc ("Caledonia" or "the Company") gives below the information required by Schedule Six of the AIM Rules in connection with its "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co ("Cantor") (the "ATM Sales Agreement"), as announced on December 17, 2024.

Name of company:

Caledonia Mining Corporation Plc

Name of scheme:

ATM Sales Agreement

Period of return:

From December 16, 2025 to June 12, 2026

Number and class of securities not issued under the scheme:

4,000,000 depositary interests representing the same number of common shares

Number of securities issued/allotted under scheme during period:

Nil

Balance under scheme of securities not yet issued/allotted at end of period:

4,000,000 depositary interests representing the same number of common shares

Number and class of securities originally admitted pursuant to the scheme and the date of admission:

Nil

Contact name and telephone number:

As below

Enquiries

Caledonia Mining Corporation Plc
Mark Learmonth
Camilla Horsfall


Tel: +44 1534 679 800
Tel: +44 7817 841 793

Cavendish Capital Markets Limited (Nomad and Joint Broker)
Adrian Hadden
Pearl Kellie


Tel: +44 207 397 1965

Camarco, Financial PR (UK)
Elfie Kent
Fergus Young


Tel: +44 20 3757 4980

Curate Public Relations (Zimbabwe)
Debra Tatenda


Tel: +263 77802131

IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)
Lloyd Mlotshwa


Tel: +263 (242) 745 119/33/39

SOURCE: Caledonia Mining Corporation Plc



View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Caledonia Mining (CMCL) announce about its ATM sales agreement on June 12, 2026?

Caledonia Mining announced updated utilisation information for its At the Market (ATM) sales agreement with Cantor Fitzgerald. According to Caledonia, the disclosure was made under AIM Rule 29 and Schedule Six requirements for the period ending June 12, 2026.

How many Caledonia Mining (CMCL) shares remain available under the ATM scheme?

Caledonia Mining reported that 4,000,000 depositary interests remain available but unissued under its ATM sales agreement. According to Caledonia, each depositary interest represents one common share, so 4,000,000 common shares are still potentially issuable under the scheme.

How many Caledonia Mining (CMCL) securities were issued under the ATM between December 2025 and June 2026?

Caledonia Mining reported that no securities were issued or allotted under the ATM scheme in this period. According to Caledonia, the number of securities issued or allotted between December 16, 2025 and June 12, 2026 was recorded as nil.

What period does the latest Caledonia Mining (CMCL) ATM utilisation report cover?

The latest ATM utilisation report covers the period from December 16, 2025 to June 12, 2026. According to Caledonia, this timeframe is used to summarise securities issued, outstanding capacity, and compliance details under Schedule Six of the AIM Rules.

On which exchanges is Caledonia Mining (CMCL) listed in relation to this ATM update?

Caledonia Mining is listed on NYSE American, AIM and the Victoria Falls Exchange (VFEX) under ticker CMCL. According to Caledonia, these listings are referenced in connection with its ATM sales agreement disclosure and related regulatory requirements.

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