Simba Essel Energy Inc SMBZF

RE:Validity of Simba's name on Kenya PSC

[canaken1]

canaken1 wrote: My first post here:- As per the Simba's PP. sub clause entitled "Representations and Warranties of the Corporation" item (e).My compressed understanding is:- all agreements are in full force and the Corporation is unaware of any disputes with respect to licence regulations etc. item(f)copied as is:- the Corporation has conducted and is conducting its business in compliance in all material respects with all applicable laws, rules, regulations, tariffs, orders and directives of each jurisdiction in which it carries on business (except when the failure to do so would not have a material adverse effect) and possesses all material certificates, authorities, permits or licences issued by the appropriate provincial, state, municipal, federal or other governmental or regulatory agency or body necessary to carry on the business currently as carried on, or contemplated to be carried on, by it, is in compliance in all material respects with such certificates, authorities, permits and licences and with all laws, regulations, tariffs, rules, orders and directives material to its operations, including, without limitation, all laws, regulations and statutes relating to mining claims, concessions, licences leases or other instruments and the Corporation has not received any notice of proceedings relating to the revocation or modification of any such certificates, authorities, permits, licences, mining claims, concessions, leases or other instruments conferring mineral rights which, singly or in the aggregate, if the subject of an unfavourable decision, order, ruling or finding, would materially and adversely affect the conduct of its business, operations, financial condition or income of the Corporation and it has not received notice of the revocation or cancellation of, or any intention to revoke or cancel any such licence, permit, approval, consent, certificate, registration or authorization; hope this helps. GLTA