Pinetree Capital has acquired ownership of 290,000 common shares of Caledonia Mining Corporation through the facilities of the TSX Venture Exchange, representing approximately 0.06% of the total issued and outstanding common shares of the company as of 11 November, 2011.
As a result of this transaction, Pinetree and its joint actors collectively held, as at 11 November, 2011, an aggregate of 50,263,000 common shares of Caledonia, including the Common Shares, or approximately 10.04% of the total issued and outstanding common shares of Caledonia as of 11 November, 2011.
Of these totals, Pinetree owns 48,250,000 common shares, including the Common Shares, directly, or approximately 9.6% of the total issued and outstanding common shares of Caledonia as of 11 November, 2011.