Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 82

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 82
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 control procedures. To the extent
those chops are not kept safely, are stolen or are used by unauthorized persons or for unauthorized purposes, the corporate governance
of these entities could be severely and adversely compromised, and those corporate entities may be bound to abide by the terms of any
documents so chopped, even if they were chopped by an individual who lacked the requisite power and authority to do so. In addition, if
the chops are misused by unauthorized persons, our PRC subsidiaries could experience disruption to our normal business operations. We
may have to take corporate or legal action, which could involve significant time and resources to resolve while distracting management
from our operations.

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If we fail to regain compliance
with the continued listing requirements of Nasdaq, we would face possible delisting, which would result in a limited public market for
our common shares and make obtaining future debt or equity financing more difficult for us.

Our common shares are traded
and listed on Nasdaq under the symbol of “CHNR.” As previously announced, we received a notification letter from Nasdaq on
April 27, 2022, advising the Company that we were not in compliance with the minimum bid price requirements set forth
in Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain
a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement
exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s
common shares for the 30 consecutive business days prior to the date of the notification letter from Nasdaq, the Company no longer satisfied
the minimum bid price requirement. The notification letter provided that the Company had 180 calendar days, or until
October 24, 2022, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company’s common shares must
have a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days (Nasdaq may monitor the price for as
long as 20 consecutive business days prior to making a final compliance determination).

On October 25, 2022, we received
a second notice letter from the Nasdaq, in which Nasdaq granted us an additional 180 days, or