Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 72

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 72
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 the
Company agreed to issue to the Placement Agent warrants to purchase an aggregate of up to 74,394 Common shares at a per share exercise
price of $2.20. In addition, assuming exercise of all of the Warrants by cash and without adjustment, a maximum of 1,190,297 Common Shares
underlying the Warrants will be offered for sale, subject to any restrictions as applicable under the Securities Act.

Certain of the Selling Shareholders may acquire their Common Shares at a price that is less than the market price of the Common Shares in the future, may earn a positive rate of return even if the price of the Common Shares declines and may be willing to sell their Common Shares at a price less than shareholders that acquired Common Shares in the public market.

Certain of our Selling Shareholders may
purchase their respective Common Shares at prices lower than the market prices in the future and may therefore experience a positive
rate of return on their investment, even if our public shareholders experience a negative rate of return on their investment. As a result,
the Selling Shareholders are able to recognize a greater return on their investment than shareholders that acquired Common Shares in
the public market. Up to 1,115,903 Common Shares may be issued with the exercise of the Unregistered Investor Warrants at a per share
exercise price of $3.00 and up to 74,394 Common Shares may be issued with the exercise of the Placement Agent Warrants at a per share
exercise price of $2.20. Furthermore, the Selling Shareholders may earn a positive rate of return even if the price of the Common Shares
declines significantly. As a result, the Selling Shareholders may be willing to sell their shares at a price less than shareholders that
acquired their Common Shares in the public market or at higher prices than the price paid by such Selling Shareholders, the sale of which
would result in the Selling Securityholder realizing a significant gain even if other CHNR shareholders experience a negative rate of
return.

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The price at which Common Shares are quoted on Nasdaq may increase or decrease due to a number of factors, which may negatively affect the price of the Common Shares.

The price at which the Common Shares
are quoted on Nasdaq may increase or decrease due to a number of factors. These factors may cause the Common Shares to trade at prices
above or below the prices at which the Common Shares were first offered without regard to our operations and financial performance. Some
of the factors which may