Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 290

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 290
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 (December 31, 2023: CNY2,432)
associated with mineral exploration for the Zimbabwean lithium mine. The corresponding capital expenditures will be paid along with
the progress of the exploration works once the mine formally enters into the exploration phase.

| 20. | SUBSEQUENT EVENTS |

On December 31, 2024, the Company entered into a second amendment
agreement to the Zimbabwe SPA to extend the long stop date for closing the acquisition from December 31, 2024 to December 31, 2025.

| 21. | APPROVAL OF THE INTERIM FINANCIAL STATEMENTS |

These interim condensed consolidated
financial statements were approved by the Board of Directors on December 31, 2024.

<div align='center'>F-113</div>

<div align='center'>PART II

INFORMATION NOT REQUIRED IN THE PROSPECTUS</div>

ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.

BVI law does not limit the extent
to which a company’s memorandum and articles of association may provide for indemnification of officers and directors, except that
a company may not indemnify a director unless the director acted honestly and in good faith and in what he or she believed to be in the
best interests of the company and, in the case of criminal proceedings, the person had no reasonable cause to believe that his or her
conduct was unlawful. Our Amended and Restated Articles of Association provide as follows:

“Subject
to the provisions of the Act, every director and officer of the Company (which for the avoidance of doubt, shall not include auditors
of the Company), together with every former director and former officer of the Company (each an "Indemnified Person") shall
be indemnified out of the assets of the Company against any liability, action, proceeding, claim, demand, costs, damages or expenses,
including legal expenses, whatsoever which they or any of them may incur as a result of any act or failure to act in carrying out their
functions other than such liability (if any) that they may incur by reason of their own actual fraud or willful default. No Indemnified
Person shall be liable to the Company for any loss or damage incurred by the Company as a result (whether direct or indirect) of the carrying
out of their functions unless that liability arises through the actual fraud or willful default of such Indemnified Person. No person
shall be found to have committed