Caledonia today report that has raised $8m from an oversubscribed placing to list on the Victoria Falls Stock Exchange (VFEX) after an enthusiastic response from Zimbabwean shareholders. The placing was done at $12.64 per depositary receipt and Caledonia will issue 0.63m new shares for “general corporate purposes in Zimbabwe”.
29 Nov 2021
Caledonia Mining (CMCL) - Victoria Falls Stock Exchange listing - oversubscribed
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Caledonia Mining (CMCL) - Victoria Falls Stock Exchange listing - oversubscribed
Caledonia Mining Corporation PLC (CMCL:LON) | 825 -206.3 (-2.9%) | Mkt Cap: 158.4m
- Published:
29 Nov 2021 -
Author:
Paul Smith -
Pages:
4
Caledonia today report that has raised $8m from an oversubscribed placing to list on the Victoria Falls Stock Exchange (VFEX) after an enthusiastic response from Zimbabwean shareholders. The placing was done at $12.64 per depositary receipt and Caledonia will issue 0.63m new shares for “general corporate purposes in Zimbabwe”.