Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 111

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 111
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 liability arises through the actual fraud or willful default of such director or officer.

:
Unlike most corporate laws in the United States, directors of a BVI company may be companies. Moreover, any director may appoint a person
(who may or may not be another director) to be his alternate to exercise the appointing director’s powers, and to carry out the
appointing director’s responsibilities, in relation to the taking of decisions by the directors in the absence of the appointing
director (including to attend meetings and vote in the place and stead of the appointing director). An alternate director has the same
rights as the appointing director in relation to any directors' meeting and any written resolution circulated for written consent. Any
exercise by the alternate director of the appointing director's powers in relation to the taking of decisions by the directors, is as
effective as if the powers were exercised by the appointing director. An alternate director is liable for his or her own acts and omissions
as an alternate director and an alternate director is subject to the same fiduciary duties and the same duties of care, diligence and
skill as other directors, when acting as such.

: Certain states in the United States have adopted corporate laws that limit the ability of a significant shareholder
of a corporation to vote its shares in favor of approving transactions in which the significant shareholder has an interest. Some states
also limit transactions between a corporation and a significant shareholder. In general, BVI law does not impose similar restrictions
on interested or affiliated party transactions.

The ability of the board of
directors to amend our Memorandum and Articles without shareholder approval, as well as the exercise of its power to designate the rights
and preferences of preferred shares, could operate to delay, defer or prevent a change in control of the Company, including with respect
to a merger, acquisition or corporate restructuring. In most jurisdictions in the United States, shareholder approval is required in order
to amend most provisions of the certificate or articles of incorporation.

| 42 |

<div align='center'>VALIDITY OF
THE SECURITIES</div>

Maples and Calder (Hong Kong)
LLP will pass upon certain legal matters under BVI law relating to the issuance and sale of certain of the securities. Morgan, Lewis &
Bockius LLP will pass upon certain legal matters under New York law relating to the issuance and sale of the debt securities. Additional
legal matters may be passed upon for us, or any underwriters, dealers or agents, by counsel that