Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 188

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 188
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 contract that has an issuer or counterparty other than a U.S. person and any interest in a non-U.S. entity.
A U.S. Holder may be subject to these reporting requirements unless such U.S. Holder’s Common Shares are held in an account at certain
financial institutions. Penalties for failure to file certain of these information returns are substantial. U.S. Holders should consult
with their own tax advisors regarding the requirements of filing information returns on IRS Form 8938, and, if applicable, filing obligations
relating to the PFIC rules, including possible reporting on an IRS Form 8621. Failure to do so, if required, will extend the statute of
limitations until such required information is furnished to the IRS.

A
U.S. Holder of Common Shares may be subject to information reporting and “backup withholding,” currently at the rate of 24%,
with respect to (a) distributions paid on Common Shares and (b) proceeds arising from the sale or other taxable disposition of Common
Shares, in each case if the distribution or proceeds are paid by a paying agent, broker or other intermediary in the United States or
by a U.S. broker or certain United States-related brokers to the holder outside the United States. Backup withholding may be avoided by
the holder of Common Shares if such holder:

| · |     | is a corporation or comes within other exempt categories; or |

| · |     | provides a correct taxpayer identification number, certifies                                                    
 that such holder is not subject to backup withholding and otherwise complies with the backup withholding rules. |

Backup
withholding is not an additional tax. Rather, any amounts withheld under the backup withholding rules from a payment to a holder will
be refunded or credited against the U.S. Holder’s U.S. federal income tax liability, if any, provided that amount withheld is claimed
as federal taxes withheld on the U.S. Holder’s U.S. federal income tax return relating to the year in which the backup withholding
occurred and the requisite information is timely furnished to the IRS. A U.S. Holder who is not otherwise required to file a U.S. income
tax return must generally file a claim for refund.

The
discussion of reporting requirements set forth above is not intended to constitute an exhaustive description of all reporting requirements
that may apply to a U.S. Holder. A failure to satisfy certain reporting requirements may result in an extension of the time period in
which the IRS can assess a tax, and, under certain circumstances