Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 77

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 77
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ification obligations could result in our incurring substantial expenditures
to cover the cost of settlements or damage awards against directors, officers and employees, which we may be unable to recoup. These
provisions and resultant costs may also discourage us from bringing a lawsuit against directors, officers and employees for breach of
their fiduciary duties, and may similarly discourage the filing of derivative litigation by our shareholders against our directors, officers
and employees even though such actions, if successful, might otherwise benefit the Company and our shareholders.

We may be classified as a passive foreign investment company, which could result in adverse U.S. federal income tax consequences to U.S. shareholders.

We have not made a determination whether
we will or will not be a passive foreign investment company (“PFIC”) for U.S. federal income tax purposes in the current
tax year or in subsequent tax years. Whether we are a PFIC is determined on a year-by-year basis, and we cannot assure you that we are
not and we will not be a PFIC for our future tax years. A non-U.S. corporation is generally a PFIC if either (i) at least 75% of its
gross income is passive income for a tax year or (ii) at least 50% of the value of its assets (based on an average of the quarterly values
of the assets during a tax year) are attributable to assets that produce or are held for the production of passive income. The market
value of our assets may be determined to a large extent by the market price of our common shares. If we are treated as a PFIC for any
tax year in which U.S. shareholders hold common shares, certain adverse U.S. federal income tax consequences could apply to such U.S.
shareholders. For further discussion of the implications of PFIC status, please refer to “– Taxation.”

| 42 |

<div align='center'>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</div>

This prospectus contains forward-looking
statements that reflect our current expectations and views of future events. The forward-looking statements are contained principally
in the sections entitled “Prospectus Summary,” “Risk Factors,” “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” and “Business.” Known and unknown risks, uncertainties and other factors,
including those listed under “Risk Factors,” may cause our actual results, performance or achievements to be materially different
from those expressed or implied by the forward-looking statements.

You can identify these forward