Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 263

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 263
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115 | ** |

The remaining contractual life for the agent warrants as of December 31, 2023 and 2022, were 0.06 years and 1.06 years, respectively.

| * |     | The exercise                                         
 price was revised to $0.623 per share in July, 2022. |

| ** |     | The exercise                                          
 price was revised to $3.115 per share in March, 2023. |

The following table illustrates the number of, and movements in share options during the year:

| Schedule of share options                             |     |                  |            |   |     |                          |       |
|                                                       |     | Number of shares |            |   |     | Exercise price per share |       |
|                                                       |     |                  |            |   |     |                          |   US$ |
| Outstanding as of January, 2021 and December 31, 2021 |     |                  |          — |   |     |                          |     — |
| Granted during the year                               |     |                  |  8,100,000 |   |     |                          | 0.623 |
| Outstanding as of December 31, 2022*                  |     |                  |  8,100,000 |   |     |                          | 0.623 |
| Granted during the year                               |     |                  |          — |   |     |                          |     — |
| Effect of Five-to-One Share Combination (Note 24)     |     |                  | (6,480,000 | ) |     |                          |     — |
| Outstanding as of December 31, 2023                   |     |                  |  1,620,000 |   |     |                          | 3.115 |

The
remaining contractual life for the share option as of December 31, 2023 and 2022, were 1.53 years and 2.53 years, respectively.

| F-79 |

| 26. |     | SHARE-BASED         
 PAYMENT (CONTINUED) |

| (c) |     | Inputs to the models |

The
following tables list the inputs to the models used for agent warrants and share options for the years ended December 31, 2021 and 2022,
respectively:

| Schedule of inputs to the models for fair value |     |                |       |     |               |        |
|                                                 |     | Agent warrants |