Caledonia Mining Names Stanbic Bank Zimbabwe and CBZ Bank as Co-Lead Arrangers for $150M Interim Funding Facility

Reuters02-23 15:00

Caledonia Mining Names Stanbic Bank Zimbabwe and CBZ Bank as Co-Lead Arrangers for $150M Interim Funding Facility

Caledonia Mining Corporation plc has appointed Stanbic Bank Zimbabwe and CBZ Bank Limited as co-lead arrangers for an interim funding facility of up to US$150 million, which the company is seeking to put in place by mid-2026. The financing is intended to support development of Caledonia’s Bilboes gold project in Zimbabwe and forms part of its broader funding strategy alongside hedging, convertible notes proceeds and cash generation from Blanket Mine.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caledonia Mining Corporation plc published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202602230200ACCESSWRNAPR_____1139782) on February 23, 2026, and is solely responsible for the information contained therein.

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