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Gold/Mining/Energy : CALEDONIA MINING CORPORATION - (Bull Forum) - -- Ignore unavailable to you. Want to Upgrade?


To: NYBob1 who wrote (11)2/22/2008 1:44:54 PM
From: NYBob1  Read Replies (1) | Respond to of 16
 
Caledonia Appoints Dr. Trevor Pearton as Vice-President, Exploration and Completes a $1,230,000 Private Placement
Friday February 15, 9:00 am ET
TORONTO, ONTARIO--(MARKET WIRE)--Feb 15, 2008 --

Caledonia Mining Corporation -
("Caledonia") (Toronto:CAL.TO - News)(OTC BB:CALVF.OB -
News)(AIM: CMCL) is pleased to announce the appointment of
Dr. Trevor Pearton as Vice-President, Exploration for
the Company, following the resignation of Jeff Smith.
The Board of Directors thanks Jeff for his loyal service
and contribution to the company over the years.

Dr. Pearton has worked for Caledonia since 2001.
During the time, he was responsible for the establishment
and management of the resource bases at -
the Blanket Mine -
(operating) and
the Barbrook and Eersteling Mines -
(now on care and maintenance) and the assessment of
the Nama project -
resulting in a reinterpretation of the ore body and
an improved definition of the resources and mineralogical
characteristics.
This work provided the basis for the 2007 (completed) and
the 2008 exploration programs.
Prior to joining Caledonia, Dr. Pearton worked for a number
of financial institutions in South Africa as a highly
rated gold analyst, as well as consulting to a number
of mining companies.
He graduated from the University of the Witwatersrand with
a BSc Eng (Mining Geology) and was awarded a PhD in
Geology for research into Archaean gold and antimony
deposits (Witwatersrand University).
He is a member of the Geological Society of South Africa;
elected a Fellow of the Society in 2004, a member of
the South African Institute for Mining and Metallurgy and
a member of the Witwatersrand University Mining
Engineers Association.

Caledonia has also closed a private placement sale of
12,300,000 Units at $0.10 each from which it has received
gross proceeds of $1,230,000 and, after payment of
commissions of $110,700, net proceeds of $1,119,300.
Each Unit consisted of one common share of the Company
and one 1-year warrant entitling the purchase of an
additional share for $0.15.

The Company has applied for the new Shares to be admitted
to trading on AIM and dealings are expected to commence
on February 21, 2008.


Contact:

Contacts:
Caledonia Mining
Stefan Hayden
President & CEO
+27 11 447 2499
Website:
caledoniamining.com

BuckBias
Alex Buck
+44 7932 740 452

RBC Capital Markets
Andrew Smith
+44 20 7029 7882


Source: Caledonia Mining Corporation

----

CALVF Wall Street Reporter Interview > >
Caledonia Mining Corporation

Caledonia Mining Corporation
OTCBB: CALVF
TSX: CAL
AIM: CMCL
Sector: Mining and Metals
Industry: Mining

Interview With:
Stefan Hayden
President and CEO

wallstreetreporter.com

tinyurl.com
Dated February 01, 2008

siliconinvestor.com