China Natural Resources announced that it will implement the combination of issued and outstanding common shares, without par value, of the Company. The Company's common shares will begin trading on a post-Combination basis at market open on June 13, 2025. Upon the effectiveness of the share combination, every eight issued and outstanding common shares will automatically be converted into one issued and outstanding common [...]
China Natural Resources announced that the board of directors of the Company has approved an eight-to-one share combination of issued and outstanding common shares, without par value, of the Company. No shareholders' approval of the share combination is required pursuant to BVI law. The share combination is expected to be effective at the market opening on June 12, 2025, at which time the Company's common shares will [...]
China Natural Resources announced its results of operations for the year ended December 31, 2024. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY7.2980 as quoted by www.ofx.com on December 31, 2024, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are prudently investing in our exploration [...]
China Natural Resources Inc. today announced that on January 3, 2025, the Company has been granted an additional 180-day period from Nasdaq's Listing Qualifications Department, through June 30, 2025, to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The Company's common shares continue to trade on the Nasdaq Capital Market under the symbol "CHNR." If at [...]
China Natural Resources Inc. today announced its results of operations for the six months ended June 30, 2024. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY7.2673 as quoted by www.ofx.com on June 30, 2024, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are prudently investing in our [...]
On July 5, 2024, China Natural Resources Inc. received a letter from the Listing Qualifications Department of The Nasdaq Capital Market notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550, because the closing bid price of the Company's common shares was below the minimum of $1.00 per share for a period of 30 consecutive business days [...]
China Natural Resources Inc. today announced its results of operations for the year ended December 31, 2023. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY7.0786 as quoted by www.ofx.com on December 31, 2023, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are prudently investing in our [...]
China Natural Resources Inc. today announced that it closed the registered direct placement of approximately $3.27 million of common shares at a price of $2.20 per share on February 21, 2024, as previously announced on February 16, 2024. The Company issued a total of 1,487,870 common shares to the institutional investors participating in the offering. In a concurrent private placement, the Company also issued warrants to [...]
China Natural Resources Inc. announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of approximately $3.27 million of common shares, no par value, at a price of $2.20 per share. The Company will issue a total of 1,487,870 common shares to the institutional investors. In a concurrent private placement, the Company will also issue to the [...]
China Natural Resources Inc. announced today that it has agreed to sell all outstanding shares of Precise Space-Time Technology Limited to Feishang Group Limited, together with PSTT's outstanding payable owed to the Company, for consideration of approximately RMB95,761,119 in cash . The Base Purchase Price is subject to upward post-closing adjustment based on the difference between net assets of PSTT as included in its [...]
China Natural Resources Inc. today announced its results of operations for the year ended December 31, 2022. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY6.8979 as quoted by www.ofx.com on December 31, 2022, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We delivered over 8% annual revenue [...]
China Natural Resources Inc. announced today that the Company has completed its due diligence investigation with satisfactory results, and will proceed with the acquisition of Williams Minerals Ltd by paying a deposit of US$35 million by way of promissory notes to Feishang Group Limited and Top Pacific Limited on or about April 21, 2023, pursuant to the definitive sale and purchase agreement that the Company entered into [...]
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