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Stock impact report

Caledonia Mining Corporation Plc (CMCL) Secures $150M Financing to Advance Bilboes Project [Yahoo! Finance]

Caledonia Mining Corporation Plc Common Shares (CMCL) 
NASDAQ:AMEX Investor Relations: caledoniamining.com
Company Research Source: Yahoo! Finance
Caledonia Mining Corporation Plc (NYSEAM: CMCL is among the 12 Best Gold Stocks to Buy According to Analysts Caledonia Mining Corporation Plc (CMCL) Secures $150M Financing to Advance Bilboes Project Caledonia Mining Corporation PLC (NYSEAM:CMCL) is one of the best gold stocks to buy, according to analysts. On February 23, Caledonia Mining Corporation PLC (NYSEAM:CMCL) confirmed the appointment of Stanbic Bank Zimbabwe and CBZ Bank Limited as co-lead arrangers of a $150 million financing pact. The company plans to use the $150 million financing to support the development of the Bilboes gold project in Zimbabwe. The funding should be in place by mid-2026, subject to customary lender processes and approvals. "The appointment of Stanbic and CBZ as co-lead arrangers represents an important step in executing the funding strategy we set out in January. We believe this facility, together with our hedging programme, the proceeds from the Convertible Notes Offering, and internal cash Show less Read more
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