TORONTO, ONTARIO--(Marketwired - Jan. 22, 2016) - Caledonia Mining Corporation ("Caledonia") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) announces that it received notification today that John Kelly, a non-executive director of Caledonia has purchased 16,965 common shares in Caledonia at an average price of 58.7 US cents per share.

Following this transaction, Mr Kelly's total beneficial holding is 16,965 ordinary shares representing 0.03 per cent of the issued ordinary share capital of Caledonia.

Contact Information:

Caledonia Mining Corporation
Mark Learmonth
+27 11 447 2499
marklearmonth@caledoniamining.com

WH Ireland
Adrian Hadden/Nick Prowting
+44 20 7220 1751

Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Ray
+44 20 7138 3204