Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 91

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 91
---
and Stock Grants will be awarded based upon the fair market value of our common shares at the time of the award. All questions relating
to the administration of the Plan, and the interpretation of the provisions thereof are to be resolved at the sole discretion of the Plan
Committee. The Plan terminates on June 19, 2024.

A total of 8,189,616 common
shares have been reserved for issuance under the Plan. On July 14, 2022, the Company approved grants of option awards covering an aggregate
of 8,100,000 common shares of the Company to fifteen consultants and employees of the Company under the Plan. Woo
Chun Kei Jackie and Li Feiwen received options exercisable for 3,700,000 and 3,000,000 Shares, respectively. The remaining 13 grant recipients
received option awards exercisable for amounts ranging between 40,000 to 200,000 common shares. The granted options vested immediately
upon granting and became exercisable upon the filing of the Company’s registration statement on Form S-8 (File No. 333-266219).
The exercise price for the options is $0.623 per common share. The options expire three years from the date of grant.

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<div align='center'>DESCRIPTION
OF DEBT SECURITIES</div>

General

As used in this prospectus,
the term “debt securities” means the debentures, notes, bonds and other evidence of indebtedness that we may issue from time
to time. Debt securities will be issued under an indenture between us and a trustee to be named therein. We have filed the form of indenture
as an exhibit to the registration statement of which this prospectus is a part. We may issue debt securities which may or may not be converted
into our common shares. It is likely that convertible debt securities will not be issued under an indenture. We may issue the debt securities
independently or together with any underlying securities, and debt securities may be attached or separate from the underlying securities.

The following description
is a summary of selected provisions relating to the debt securities that we may issue. The summary is not complete. When debt securities
are offered in the future, a prospectus supplement, information incorporated by reference, or a free writing prospectus, as applicable,
will explain the particular terms of those securities and the extent to which these general provisions may apply. The specific terms of
the debt securities as described in