Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 83

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 83
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 assigns relating to the intent, construction, incidences
or consequences of our Articles or the BVI Business Companies Act (as amended), including any breach or alleged breach of our Articles
or the BVI Business Companies Act (as amended), or relating to our affairs, shall be resolved by arbitration before two arbitrators (unless
the parties agree to arbitrate before one arbitrator), who shall jointly appoint an umpire.

Service of process upon
us and upon our directors, all of whom reside outside the United States, may be difficult to obtain within the United States. Furthermore,
because all of our directors are located outside the United States in Hong Kong, and all of our assets and officers are located outside
the United States in the PRC (other than Mr. Wong Wah On Edward, our Chairman and Chief Executive Officer, who is located in Hong Kong),
any judgment obtained in the United States against us or any of our directors and officers may not be collectible within the United States.

There is doubt as to the
enforceability of civil liabilities under the Securities Act and the Exchange Act in original actions instituted in the PRC. PRC courts
may refuse to hear a claim based on a violation of U.S. securities laws, including because the PRC is not the most appropriate forum to
bring such a claim. In addition, even if a PRC court agrees to hear a claim, it may determine that PRC law, and not U.S. law, is applicable
to the claim. If U.S. law is found to be applicable, the content of applicable U.S. law may have to be proven in court as a fact, which
can be a time-consuming and costly process. Certain matters of procedure will also be governed by PRC law. There is little binding case
law in the PRC addressing the matters described above. Many of the same doubts apply to similar suits that may be brought in the BVI or
Hong Kong and as to the enforceability of any judgment rendered by a court in the BVI or Hong Kong. Moreover, we have no assets in the
BVI that may be used to satisfy a judgment rendered by a court located there.

We have appointed Puglisi
& Associates, located at 850 Library Avenue, Suite 204, Newark, Delaware 19711, as our agent upon whom process may be served in any
action brought against us under the securities laws of the United States.

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PRC

We have been advised by