Caledonia Mining (NYSE: CMCL) confirms no ATM shares issued
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Caledonia Mining Corporation Plc filed a Form 6-K updating investors on its "At the Market" (ATM) sales agreement with Cantor Fitzgerald & Co. under AIM Rule 29. The update covers the period from December 16, 2025 to June 12, 2026.
During this period, the company issued or allotted no securities under the ATM scheme. The block admission still permits up to 4,000,000 depositary interests, representing the same number of common shares, to be issued in the future.
Positive
- None.
Negative
- None.
Key Figures
ATM capacity: 4,000,000 depositary interests
Issued during period: 0 securities
Remaining balance: 4,000,000 depositary interests
+1 more
4 metrics
ATM capacity
4,000,000 depositary interests
Securities not issued under the scheme; equal number of common shares
Issued during period
0 securities
Number of securities issued/allotted under ATM from Dec 16, 2025 to Jun 12, 2026
Remaining balance
4,000,000 depositary interests
Balance of securities not yet issued/allotted at end of period
Period covered
Dec 16, 2025 to Jun 12, 2026
Return period for ATM utilisation report under AIM Rules
Key Terms
At the Market, ATM Sales Agreement, block admission, depositary interests, +2 more
6 terms
At the Market financial
"in connection with its "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co"
“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 Fitzgerald & Co"
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.
block admission regulatory
"Utilisation of the block admission in respect of ATM Sales Agreement"
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.
Rule 29 of the AIM Rules regulatory
"In accordance with Rule 29 of the AIM Rules for Companies"
Schedule Six of the AIM Rules regulatory
"gives below the information required by Schedule Six of the AIM Rules"
FAQ
What did Caledonia Mining (CMCL) disclose in its latest Form 6-K?
Caledonia Mining disclosed an update on its At the Market (ATM) share sales agreement with Cantor Fitzgerald. The company reported that no securities were issued during the latest period, while capacity for up to 4,000,000 depositary interests remains available.
What timeframe does Caledonia Mining’s (CMCL) ATM update cover?
The ATM update covers the period from December 16, 2025 to June 12, 2026. Within this timeframe, Caledonia Mining reported no issuances under the scheme, while maintaining the ability to issue up to 4,000,000 depositary interests going forward.
What is the size of Caledonia Mining’s (CMCL) ATM block admission?
The ATM block admission permits up to 4,000,000 depositary interests representing the same number of common shares. This figure reflects the securities not yet issued or allotted under the scheme as of June 12, 2026, according to the company’s disclosure.
