Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 80

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 80
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. 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 for more information.

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<div align='center'>DIVIDEND POLICY</div>

The Company has not paid any
dividends with respect to its Common Shares and has no present plan to pay any dividends in the foreseeable future. The Company intends
to retain its earnings to support the development of its business. Any dividends paid in the future by the Company will be paid at the
discretion of the Board of Directors and will be dependent upon distributions, if any, made by its subsidiaries, and on the Company’s
results of operations, its financial condition and other factors deemed relevant by the Board of Directors. In accordance with the relevant
PRC regulations and the Articles of Association of companies incorporated in the PRC, appropriations of net income of wholly owned foreign
enterprises and Sino-foreign joint venture companies as reflected in their statutory financial statements are to be allocated to either
(i) each of the general reserve, the enterprise expansion reserve and the staff bonus and welfare reserve, respectively, or (ii) the statutory
reserve, as determined by the resolution of the Board of Directors annually.

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

The following table sets
forth our cash, cash equivalents and financial assets at fair value through profit or