{"id":227470,"date":"2020-04-15T12:19:20","date_gmt":"2020-04-15T04:19:20","guid":{"rendered":"http:\/\/charltonsnaturalresources.com\/?page_id=227470"},"modified":"2021-03-05T15:48:50","modified_gmt":"2021-03-05T07:48:50","slug":"listing-decisions","status":"publish","type":"page","link":"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/listing-decisions\/","title":{"rendered":"Listing Decisions"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Content4Layout&#8221; module_class=&#8221;content-wrapper4&#8243; _builder_version=&#8221;4.0.5&#8243;][et_pb_row admin_label=&#8221;Breadcrumb&#8221; _builder_version=&#8221;4.4.3&#8243; background_image=&#8221;\/legal\/common\/layout4_banner.jpg&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Breadcrumb&#8221; module_class=&#8221;breadcrumb4-wrapper&#8221; _builder_version=&#8221;4.4.3&#8243;]<div class=\"section-title\">\r\n<h2>Links<\/h2>\r\n<\/div>\t\r\n<div class=\"breadcrumb\">\r\n\t<ul><li><a href=\"\/\">Home<\/a><\/li><li><a href='https:\/\/charltonsnaturalresources.com\/en\/links\/' title='Links'>Links<\/a><\/li><li><a href='https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/' title='Publications and Announcements'>Publications and Announcements<\/a><\/li><li><span>Listing Decisions<\/span><\/li><\/ul>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_4,1_4&#8243; admin_label=&#8221;MainContent&#8221; module_class=&#8221;content4-main&#8221; _builder_version=&#8221;4.0.5&#8243;][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.0.5&#8243;][et_pb_text admin_label=&#8221;ContentMenuBar1&#8243; _builder_version=&#8221;4.4.3&#8243;]<div class=\"content-menubar\">\r\n<div class=\"page-menu-panel\">\r\n<h3>Links<\/h3>\r\n<span class=\"hamburger\"><\/span>\r\n<\/div>\r\n<ul class=\"cm-parent\"><li class=\"page_item page-item-201 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/\">Publications and Announcements<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-227470\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/listing-decisions\/\">Listing Decisions<\/a><\/li>\n\t<li class=\"page_item page-item-227474\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/guidance-letters\/\">Guidance Letters<\/a><\/li>\n\t<li class=\"page_item page-item-227479\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/frequently-asked-questions\/\">Frequently Asked Questions<\/a><\/li>\n\t<li class=\"page_item page-item-227483\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/consultation-papers-conclusions\/\">Consultation Papers &#038; Conclusions<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-202 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/members-affiliations\/\">Charltons\u2019 Memberships and Affiliations<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-227494\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/members-affiliations\/legal\/\">Legal<\/a><\/li>\n\t<li class=\"page_item page-item-227498\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/members-affiliations\/mining-and-natural-resources\/\">Mining and Natural Resources<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-203 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/int-exchanges-associations\/\">International Exchanges &#038; Associations<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-227503\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/int-exchanges-associations\/stock-exchanges\/\">Stock Exchanges<\/a><\/li>\n\t<li class=\"page_item page-item-227507\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/int-exchanges-associations\/exchanges-associations\/\">Exchange Associations<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-204 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/links-info\/\">Useful Links and Information<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-227513\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/links-info\/mining\/\">Mining<\/a><\/li>\n\t<li class=\"page_item page-item-227517\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/links-info\/oil-and-gas\/\">Oil and Gas<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\r\n<\/div>[\/et_pb_text][et_pb_text admin_label=&#8221;Title&#8221; _builder_version=&#8221;4.4.3&#8243;]<h1 class=\"content-title mt-30\">Listing Decisions<\/h1>[\/et_pb_text][et_pb_text admin_label=&#8221;Content&#8221; _builder_version=&#8221;4.9.1&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld51-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD51-2013<\/a><\/p>\r\n<p>Whether NI 51-101 is an acceptable reporting standard under Rule 18.32<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld50-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD50-2013<\/a><\/p>\r\n<p>Whether Company A had adequate rights under the production sharing contracts which gave it sufficient influence in decisions over the exploration for and\/or extraction of crude oil<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld49-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD49-2013<\/a><\/p>\r\n<p>(1) Whether disclosure of net present values attributable to Proved Reserves, Proved plus Probable Reserves, Proved plus Probable plus Possible Reserves and Contingent Resources both on a pre-tax and post-tax basis is acceptable under Main Board Rule 18.33(2); (2) Whether to grant a waiver of Main Board Rule 18.33(6) to allow Company A to disclose estimated values of Possible Reserves, Contingent Resources and Petroleum-Initially-In-Place<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld48-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD48-2013<\/a>&nbsp;<\/p>\r\n<p>To provide guidance on why the Exchange returned certain listing applications<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld47-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD47-2013<\/a>&nbsp;<\/p>\r\n<p>Whether Mr. X qualified to act as Company A&#8217;s secretary after the waiver period<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld46-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD46-2013<\/a><\/p>\r\n<p>Whether Mr. X qualified to act as Company A&#8217;s secretary<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld45-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD45-2013<\/a><\/p>\r\n<p>Whether the Exchange would grant a waiver such that Company A could defer the publication of the competent person&#8217;s report (CPR), valuation report (VR) and other disclosures as required under Rules 18.09(2), (3) and (4)<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld44-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD44-2013<\/a>&nbsp;<\/p>\r\n<p>Whether the Target had the right to participate actively in the exploration for and\/or extraction of natural resources<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld43-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD43-2013<\/a><\/p>\r\n<p>Whether the Target had a clear path to commercial production<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld42-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD42-2013&nbsp;<\/a><\/p>\r\n<p>Whether the Exchange would waive the requirement to produce a competent person&#8217;s report (CPR) on the mineral resources to be disposed of by Company A<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld41-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD41-2013<\/a>&nbsp;<\/p>\r\n<p>Whether the Target had a portfolio of natural resources that was meaningful and of sufficient substance to justify a listing<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld40-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD40-2013<\/a><\/p>\r\n<p>Whether the Exchange would waive the requirements to produce competent person&#8217;s reports (CPR) and valuation reports on some of the mining interests held by the Target<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld39-2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD39-2013<\/a><\/p>\r\n<p>Whether the Target had a portfolio of natural resources that was meaningful and of sufficient substance to justify a listing<\/p>\r\n<p><a href=\"http:\/\/www.hkex.com.hk\/eng\/rulesreg\/listrules\/listdec\/Documents\/ld31-2012.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">LD31-2012<\/a><\/p>\r\n<p>Whether a waiver from Rule 18.04 should be granted to Company A in view of the lack of a clear path to commercial production<\/p>         \r\n\r\n<p><a href=\"https:\/\/en-rules.hkex.com.hk\/rulebook\/ld125-2020\">LD126-2020<\/a><\/p>\r\n<p>Whether the remaining group could meet the minimum market capitalisation requirement under HKEX Listing Rule 8.09(2). <\/p>\r\n\r\n<p><a href=\"https:\/\/en-rules.hkex.com.hk\/rulebook\/ld124-2020\">Listing decision \u2013 LD124-2020 <\/a><\/p>\r\n<p>Whether the remaining group could meet the minimum market capitalisation requirement under HKEX Listing Rule 8.09(2). <\/p>\r\n\r\n<p><a href=\"#!\">LD121 \u2013 2029<\/a><\/p>\r\n<p>To provide guidance on the HKEX rejected certain listing applications. \r\nPlease see listing decisions in respect of the Malaysian mining company whose listing application was rejected for lack of commercial rationale. \r\n<\/p>\r\n\r\n<p><a href=\"https:\/\/en-rules.hkex.com.hk\/rulebook\/ld117-2017\">LD117 \u2013 2017 <\/a><\/p>\r\n<p>Whether Company A (excluding its interest in the Newco) could meet the new listing requirements of Chapter 8 of the HKEX Listing Rules. <\/p>\r\n[\/et_pb_text][et_pb_text admin_label=&#8221;SubM-Children&#8221; _builder_version=&#8221;4.4.3&#8243;]<div class=\"page-submenu\"> \r\n<ul><li class=\"page_item page-item-227470\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/listing-decisions\/\">Listing Decisions<\/a><\/li>\n<li class=\"page_item page-item-227474\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/guidance-letters\/\">Guidance Letters<\/a><\/li>\n<li class=\"page_item page-item-227479\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/frequently-asked-questions\/\">Frequently Asked Questions<\/a><\/li>\n<li class=\"page_item page-item-227483\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/consultation-papers-conclusions\/\">Consultation Papers &#038; Conclusions<\/a><\/li>\n<\/ul>\r\n<\/div> [\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.0.5&#8243;][et_pb_text admin_label=&#8221;SideMenu&#8221; _builder_version=&#8221;4.4.3&#8243;]<div class=\"side-menu\">\r\n<div class=\"side-menu-panel\">\r\n<h3>Links<\/h3>\r\n<span class=\"hamburger\"><\/span>\r\n<\/div>\r\n<ul class=\"cm-parent\"><li class=\"page_item page-item-201 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/\">Publications and Announcements<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-227470\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/listing-decisions\/\">Listing Decisions<\/a><\/li>\n\t<li class=\"page_item page-item-227474\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/guidance-letters\/\">Guidance Letters<\/a><\/li>\n\t<li class=\"page_item page-item-227479\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/frequently-asked-questions\/\">Frequently Asked Questions<\/a><\/li>\n\t<li class=\"page_item page-item-227483\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/announcements\/consultation-papers-conclusions\/\">Consultation Papers &#038; Conclusions<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-202 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/members-affiliations\/\">Charltons\u2019 Memberships and Affiliations<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-227494\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/members-affiliations\/legal\/\">Legal<\/a><\/li>\n\t<li class=\"page_item page-item-227498\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/members-affiliations\/mining-and-natural-resources\/\">Mining and Natural Resources<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-203 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/int-exchanges-associations\/\">International Exchanges &#038; Associations<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-227503\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/int-exchanges-associations\/stock-exchanges\/\">Stock Exchanges<\/a><\/li>\n\t<li class=\"page_item page-item-227507\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/int-exchanges-associations\/exchanges-associations\/\">Exchange Associations<\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"page_item page-item-204 page_item_has_children\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/links-info\/\">Useful Links and Information<\/a>\n<ul class='children'>\n\t<li class=\"page_item page-item-227513\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/links-info\/mining\/\">Mining<\/a><\/li>\n\t<li class=\"page_item page-item-227517\"><a href=\"https:\/\/charltonsnaturalresources.com\/en\/links\/links-info\/oil-and-gas\/\">Oil and Gas<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\r\n<\/div>[\/et_pb_text][et_pb_text admin_label=&#8221;Side posts thumbs&#8221; _builder_version=&#8221;4.4.3&#8243; global_module=&#8221;228687&#8243;]<div class=\"side-posts-v2\">\r\n<h2>Read our latest news<\/h2>\r\n<div class=\"thumb-v2\">\n\t\t<a href=\"https:\/\/charltonsnaturalresources.com\/en\/mosaic-to-sell-brazilian-phosphate-mine-in-125-million-deal\/\"><img decoding=\"async\" src=\"https:\/\/charltonsnaturalresources.com\/wp-content\/uploads\/mosaic-to-sell-brazilian-phosphate-mine-in-125-million-deal.jpg\" \/><\/a>\n\t\t<h5><span>15 Jan 2025<\/span> | <span>News<\/span><\/h5>\n\t\t<h3>Mosaic to sell Brazilian phosphate mine in $125 million deal<\/h3>\n\t\t<\/div><div class=\"thumb-v2\">\n\t\t<a href=\"https:\/\/charltonsnaturalresources.com\/en\/mali-to-get-1-2bn-from-miners-after-talks\/\"><img decoding=\"async\" src=\"https:\/\/charltonsnaturalresources.com\/wp-content\/uploads\/mali-to-get-1-2bn-from-miners-after-talks-1.jpg\" \/><\/a>\n\t\t<h5><span>15 Jan 2025<\/span> | <span>News<\/span><\/h5>\n\t\t<h3>Mali to get $1.2bn from miners after talks<\/h3>\n\t\t<\/div><\/div>\r\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>NATURAL RESOURCES News January 2025 Mali to get $1.2bn from miners after talks &nbsp; On 13 January 2025, Mali is set to receive 750 billion CFA francs ($1.2 billion) from miners in the first quarter of 2025, following an overhaul of its mining sector. This follows a December payment of 500 billion CFA francs after negotiations with mining companies, as stated by Finance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":201,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[30],"class_list":["post-227470","page","type-page","status-publish","hentry","category-links","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages\/227470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/comments?post=227470"}],"version-history":[{"count":14,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages\/227470\/revisions"}],"predecessor-version":[{"id":233106,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages\/227470\/revisions\/233106"}],"up":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/pages\/201"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media?parent=227470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/categories?post=227470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}