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-0.0398706896551723 -0.084051724137931 -0.084051724137931 -0.084051724137931 -0.0708081896551724 -0.0808189655172412 -0.084051724137931 -0.0517133620689654
Stock impact report

Caledonia Mining Corporation Plc: Deferral of April 2020 dividend decision

Caledonia Mining Corporation Plc Common Shares (CMCL) 
NASDAQ:AMEX Investor Relations: caledoniamining.com
Company Research Source: GlobeNewswire
ST HELIER, Jersey, April 01, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; TSX: CAL) announces that due to the uncertain business environment associated with the COVID-19 Pandemic, the board of directors has decided to defer its approval of the declaration of the second quarterly dividend of 2020.  The board will keep this decision under constant review as it monitors prevailing market conditions. Production at Blanket continues, although at a lower rate than targeted due to the introduction of measures to reduce the risk of infections being transmitted amongst its employees. Blanket also has consumables and spare parts in its inventory to sustain uninterrupted gold production well past the end of the current lockdowns in Zimbabwe and South Africa. Caledonia has paid a quarterly dividend since 2014 and the payments are an important element of the Company’s strategy to create and enhance shareholder value. Show less Read more
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