Prospectus re Admission to the Official List - Heritage Oil
Prospectus re Admission to the Official List - Heritage Oil
Prospectus re Admission to the Official List - Heritage Oil
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Act, would be available subject <strong>to</strong>, amongst o<strong>the</strong>r things, <strong>the</strong> offeror acquiring <strong>the</strong> <strong>re</strong>quisitepercentage of <strong>the</strong> sha<strong>re</strong> capital <strong>to</strong> which <strong>the</strong> offer <strong>re</strong>lates.16. CONSENTS16.1 KPMG LLP U.K. is a member firm of <strong>the</strong> Institute of Charte<strong>re</strong>d Accountants of England and Walesand has given and not withdrawn its written consent <strong>to</strong> <strong>the</strong> inclusion of its <strong>re</strong>ports set out in‘‘Financial Information’’ in Part VII and in ‘‘Illustrative Projections’’ in Part VIII, in <strong>the</strong> form andcontext in which <strong>the</strong>y appear and has authorised <strong>the</strong> contents of those parts of this document whichcomprise of its <strong>re</strong>ports for <strong>the</strong> purposes of Rule 5.5.3R(2)(f) of <strong>the</strong> <strong>Prospectus</strong> Rules.16.2 RPS has given and has not withdrawn its written consent <strong>to</strong> <strong>the</strong> inclusion of its <strong>re</strong>port set out in‘‘Technical Report’’in Part III, in <strong>the</strong> form and context in which it appears and RPS has authorisedthose parts of this document which comprise its <strong>re</strong>port, accepted <strong>re</strong>sponsibility for its <strong>re</strong>port as par<strong>to</strong>f this document and decla<strong>re</strong>d that it has taken all <strong>re</strong>asonable ca<strong>re</strong> <strong>to</strong> ensu<strong>re</strong> that <strong>the</strong> informationcontained in that <strong>re</strong>port is, <strong>to</strong> <strong>the</strong> best of its knowledge, in accordance with <strong>the</strong> facts and contains noomission likely <strong>to</strong> affect its import.17. SIGNIFICANT CHANGEThe<strong>re</strong> has been no significant change in <strong>the</strong> financial or trading position of <strong>the</strong> Group since30 September 2007, <strong>the</strong> date <strong>to</strong> which <strong>the</strong> his<strong>to</strong>rical financial information in Section B of Part VII ofthis document has been p<strong>re</strong>pa<strong>re</strong>d, save for an equity financing, raising gross proceeds ofCdn$181.5 million from <strong>the</strong> issue of 3 million HOC Common Sha<strong>re</strong>s, which completed on14 November 2007.18. MISCELLANEOUS18.1 The audi<strong>to</strong>rs of HOC from incorporation <strong>to</strong> <strong>the</strong> date of this document have been KPMG LLPCanada, charte<strong>re</strong>d accountants, whose <strong>re</strong>giste<strong>re</strong>d national office is Suite 3300, Commerce CourtWest, 199 Bay St<strong>re</strong>et, Toron<strong>to</strong>, Ontario M5L 1B2, Canada and of <strong>the</strong> Company from incorporation<strong>to</strong> <strong>the</strong> date of this document have been KPMG LLP U.K., charte<strong>re</strong>d accountants, whose <strong>re</strong>giste<strong>re</strong>dadd<strong>re</strong>ss is at 8 Salisbury Squa<strong>re</strong>, London EC4Y 8BB.18.2 The <strong>to</strong>tal costs and expenses of, and incidental <strong>to</strong>, <strong>Admission</strong> payable by <strong>the</strong> Company, is estimated<strong>to</strong> amount <strong>to</strong> $7 million (= £3.5 million (excluding VAT)).18.3 The information sourced from third parties has been accurately <strong>re</strong>produced and so far as <strong>the</strong>Company is awa<strong>re</strong> and has been able <strong>to</strong> ascertain from information published by such third parties(this information is as follows: <strong>the</strong> online CIA World Factbook (at pages 36, 38 and 44 of Part I ofthis document) no facts have been omitted which would <strong>re</strong>nder <strong>the</strong> <strong>re</strong>produced informationinaccurate or misleading.18.4 The Ordinary Sha<strong>re</strong>s a<strong>re</strong> c<strong>re</strong>ated under <strong>the</strong> Act and a<strong>re</strong> in <strong>re</strong>giste<strong>re</strong>d form withISIN JE00B2Q4TN56. The Exchangeable Sha<strong>re</strong>s a<strong>re</strong> c<strong>re</strong>ated under <strong>the</strong> ABCA and a<strong>re</strong> in <strong>re</strong>giste<strong>re</strong>dform with ISIN CA42969283053. The Ordinary Sha<strong>re</strong>s a<strong>re</strong> in uncertificated form. Computersha<strong>re</strong>acts as <strong>the</strong> Company’s <strong>re</strong>gistrar and transfer agent in Jersey and <strong>the</strong> U.K.18.5 None of <strong>the</strong> Ordinary Sha<strong>re</strong>s or Exchangeable Sha<strong>re</strong>s have been marketed or a<strong>re</strong> available in wholeor in part <strong>to</strong> <strong>the</strong> public in conjunction with <strong>the</strong> applications for <strong>the</strong> Ordinary Sha<strong>re</strong>s andExchangeable Sha<strong>re</strong>s, <strong>re</strong>spectively <strong>to</strong> be admitted <strong>to</strong> <strong>the</strong> <strong>Official</strong> <strong>List</strong>.18.6 No application is cur<strong>re</strong>ntly intended <strong>to</strong> be made for <strong>the</strong> Ordinary Sha<strong>re</strong>s <strong>to</strong> be admitted <strong>to</strong> listing ordealt with on any o<strong>the</strong>r exchange o<strong>the</strong>r than <strong>the</strong> London S<strong>to</strong>ck Exchange. O<strong>the</strong>r than <strong>the</strong> LondonS<strong>to</strong>ck Exchange, <strong>the</strong> Exchangeable Sha<strong>re</strong>s a<strong>re</strong> also cur<strong>re</strong>ntly intended <strong>to</strong> be admitted <strong>to</strong> listing on<strong>the</strong> TSX.18.7 The<strong>re</strong> a<strong>re</strong> no arrangements in existence under which futu<strong>re</strong> dividends a<strong>re</strong> <strong>to</strong> be waived or ag<strong>re</strong>ed <strong>to</strong>be waived.292