Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 28

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 28
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 on or after the exercise date.

There is no public market for the warrants being offered in this offering.

There is no established public trading market for the
warrants being registered in this offering, and we do not expect a market to develop. In additional, we do not intend to apply for listing
of the warrants on any national securities exchange or other trading market. Without an active market, the liquidity of the warrants will
be limited.

There can be no assurance that the warrants will be in the money at the time they become exercisable, and they may expire worthless.

The initial exercise price for the warrants issued
in this offering is US$3.00 or US$2.20 per share, as applicable. There can be no assurance that such warrants will be in the money following
the time they become exercisable and prior to their expiration, and as such, these warrants may expire worthless.

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<div align='center'>USE OF PROCEEDS</div>

We will not receive any of the proceeds from the sale
of the Common Shares underlying the Warrants by the Selling Shareholders pursuant to this prospectus. We may receive up to $3,511,375.80
in aggregate gross proceeds from cash exercises of the Warrants, based on the per share exercise price of the Warrants. Any proceeds we
receive from the exercise of the Warrants will be used for working capital and general corporate purposes. The Selling Shareholders will
pay any agent’s commissions and expenses they incur for brokerage, accounting, tax or legal services or any other expenses that
they incur in disposing of such Common Shares. We will bear all other costs, fees and expenses incurred in effecting the registration
of such Common Shares covered by this prospectus and any prospectus supplement. These may include, without limitation, all registration
and filing fees, SEC filing fees and expenses of compliance with state securities or “blue sky” laws.

We cannot predict when or if the Warrants will be exercised,
and it is possible that the Warrants may expire and never be exercised. As a result, we may never receive meaningful, or any, cash proceeds
from the exercise of the Warrants, and we cannot plan on any specific uses of any proceeds we may receive beyond the purposes described
herein.

See “Plan of Distribution” elsewhere in
this prospectus supplement for more information.

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<div align='center'>CAPITALIZATION</div>

The following table sets forth our cash, cash equivalents