REG - Caledonia Mining Crp - Appointment of New Chief Financial Officer

Caledonia MiningAnnouncement

19/02/2025 07:00

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RNS Number : 5784X  Caledonia Mining Corporation PLC  19 February 2025

Caledonia Mining Corporation Plc

Appointment of New Chief Financial Officer

 

(NYSE AMERICAN, AIM and VFEX: CMCL)

 

St Helier, February 19, 2025 - Caledonia Mining Corporation
Plc ("Caledonia" or "the Company") announces that its Chief Financial Officer
("CFO"), Chester Goodburn, will step down from his role on 24 March 2025,
following the publication of Caledonia's financial results for the year to
December 31, 2024.  He will be succeeded, with immediate effect, by Ross
Jerrard, subject to satisfaction of standard checks.

 

Mr Goodburn has served as Caledonia's CFO since July 1, 2022, prior to which
he had been Caledonia's Group Financial Manager and Chief Information
Officer.  Mr Goodburn will be retained on a consultancy basis for a brief
period to ensure an orderly transition.

 

Mr Jerrard, aged 50, brings extensive experience in financial leadership,
having been the CFO of Centamin plc from April 2016 until its acquisition by
AngloGold Ashanti Plc in November 2024 for a deal value of $2.5 billion.
Centamin was a former FTSE-250 dual-listed (London and Canada) mining company
with operations in Egypt and West Africa.  Centamin's flagship asset was the
Sukari gold mine in Eqypt which is one of the world's largest gold mines
producing 450,000 ounces of gold per annum.  Mr Jerrard is a member of the
Institute of Chartered Accountants of Australia and New Zealand and the
Institute of Chartered Accountants of Zimbabwe.

 

Mark Learmonth, Chief Executive Officer, said:

"Chester has made a substantial contribution to Caledonia's growth since he
joined us in 2014, the last two-and-a-half years as CFO.  Along with the
board and his colleagues, I thank him for his time at Caledonia and we wish
him well in his future endeavours.

"I am pleased to welcome Ross to Caledonia.  He brings a depth and breadth of
experience which will be invaluable to Caledonia as we advance our strategy to
become a mid-tier, Zimbabwe-focussed gold producer."

Enquiries

 Caledonia Mining Corporation Plc

 Mark Learmonth                                              Tel: +44 1534 679 800

 Camilla Horsfall                                            Tel: +44 7817 841 793
 Cavendish Capital Markets Limited (Nomad and Joint Broker)

 Adrian Hadden                                               Tel: +44 207 397 1965

 Pearl Kellie                                                Tel: +44 131 220 9775
 Panmure Liberum (Joint Broker)

 Scott Mathieson/ Ailsa MacMaster                            Tel: +44 20 3100 2000
 Camarco, Financial PR (UK)

 Gordon Poole                                                Tel: +44 20 3757 4980

 Julia Tilley

 Elfie Kent
 3PPB (Financial PR, North America)

 Patrick Chidley                                             Tel: +1 917 991 7701

 Paul Durham                                                 Tel: +1 203 940 2538
 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

 

 

 

 

 

 

 

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