Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 164

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 164
---
) 600,000 options held in his name that 
 is exercisable within 60 days of the date of this prospectus.                                                                      |

| (3) | This                                                                                                                              
 number consists of 740,000 options held in the name of Mr. Woo that is exercisable within 60 days of the date of this prospectus. |

| (4) | This                                                                                                                                      
 number represents 557,951 common shares issuable upon exercise of certain warrants held by Alto Opportunity Master Fund, SPC - Segregated 
 Master Portfolio B. Ayrton Capital LLC, the investment manager to Alto Opportunity Master Fund, SPC – Segregated Master Portfolio         
 B, has discretionary authority to vote and dispose of the shares held by Alto Opportunity Master Fund, SPC - Segregated Master Portfolio  
 B and may be deemed to be the beneficial owner of these shares. Waqas Khatri, in his capacity as Managing Member of Ayrton Capital        
 LLC, may also be deemed to have investment discretion and voting power over the shares held by Alto Opportunity Master Fund, SPC          
 - Segregated Master Portfolio B. ‌Ayrton Capital LLC and Mr. Khatri each disclaim any beneficial ownership of these shares.               
 The address of Ayrton Capital LLC is 55 Post Rd West, 2nd Floor, Westport, CT 06880.                                                      |

None of our shareholders has informed us
that it is affiliated with a registered broker-dealer or is in the business of underwriting securities. None of our existing shareholders
will have different voting rights from other shareholders. We are not aware of any arrangement that may, at a subsequent date, result
in a change of control of our company.

| 98 |

<div align='center'>SELLING SHAREHOLDERS</div>

This prospectus relates
to the possible resale by the Selling Shareholders from time to time of up to 1,190,297 of our common shares, no par value (the “Common
Shares”), issuable upon exercise of certain outstanding warrants (the “Warrants”) to purchase Common Shares.

The Selling Shareholders
may offer and sell, from time to time, any or all of the Resale Securities being offered for resale by this prospectus. Please see the
section entitled “Description of Warrants” for further information regarding the rights and restrictions of these Resale
Securities.

In this prospectus, the
term “Selling Shareholders” includes (i) the entities identified