Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 90

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 90
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 other consideration, the holder of any warrants will thereafter receive, the securities or other
consideration to which a holder of the number of common shares then deliverable upon the exercise or exchange of such warrants would have
been entitled upon such consolidation or merger or other transaction. Additionally, in the event of a fundamental transaction, each warrant
holder will have the right to require us, or our successor, to repurchase the warrants for an amount equal to the Black-Scholes value
of the remaining unexercised portion of the warrant on the terms set forth in the warrant.

The exercisability of the
warrants may be limited in certain circumstances if, after giving effect to such exercise, the holder or any of its affiliates would beneficially
own (as determined pursuant to Section 13(d) of the Exchange Act, and the rules and regulations promulgated thereunder) more than 4.99%
or 9.99% of our common shares, at the election of the holder.

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Transfer Agent

The transfer agent for our
common shares is Pacific Stock Transfer Company, 6725 Via Austi Parkway, Suite 300, Las Vegas NV 89119.

2014 Equity Compensation Plan (the “Plan”)

The Plan is administered by
the board of directors or a committee designated by the board (the “Plan Committee”). The Plan allows the Plan Committee to
grant various incentive equity awards not limited to stock options. The Company has reserved a number of common shares equal to 20% of
the issued and outstanding common shares of the Company, from time-to-time, for issuance pursuant to options granted (“Plan Options”)
or for restricted stock awarded (“Stock Grants”) under the Plan. Stock Appreciation Rights may be granted as a means of allowing
participants to pay the exercise price of Plan Options. Stock Grants may be made upon such terms and conditions as the Plan Committee
determines. Stock Grants may include deferred stock awards under which receipt of Stock Grants is deferred, with vesting to occur upon
such terms and conditions as the Plan Committee determines.

The Plan Committee will determine,
from time to time, those of our officers, directors, employees and consultants to whom Stock Grants and Plan Options will be granted,
the terms and provisions of the respective Stock Grants and Plan Options, the dates such Plan Options will become exercisable, the number
of shares subject to each Plan Option, the purchase price of such shares and the form of payment of such purchase price. Plan Options