ST HELIER - Caledonia Mining Corporation Plc ('Caledonia' or 'the Company') (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has cancelled its block admission, and that no shares have, or will be, allotted pursuant to its 'At the Market' or 'ATM' sales agreement with Cantor Fitzgerald & Co (the 'ATM Sales Agreement'), which was announced on May 18, 2023.

The Company's Form F-3 Registration Statement under the Securities Act of 1933 dated April 26, 2021 and as amended on May 14, 2021, which enabled the Company to issue shares under the ATM Sales Agreement, expired on May 18, 2024. As a result, the block admission has been cancelled with an effective date of June 12, 2024.

Contact:

Mark Learmonth

Camilla Horsfall

Tel: +44 1534 679 800

Matt Hogg

Tel: +44 20 3100 2000

Elfie Kent

Tel: +44 20 3757 4980

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