Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 102

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 102
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 of the Company, liable to be redeemed, on such terms and in such manner as the directors
before or at the time of the issue of such shares may determine.

The Company may purchase,
redeem or otherwise acquire its own shares for such consideration as may be determined by the directors, subject to the written consent
of all the members whose shares are to be purchased, redeemed or otherwise acquired, and such shares may, at the direction of the directors,
be cancelled or held as treasury shares; provided, however, that the Company may not purchase, redeem or acquire its shares unless, immediately
following the purchase, redemption or acquisition (a) the value of the Company’s assets exceeds its liabilities and (b) the Company
is able to pay its debts as they become due.

Meetings of
Shareholders

The directors may convene
meetings of our shareholders at such times and in such manner and places as the directors consider necessary or desirable. In addition,
the directors are required to convene a meeting of our shareholders upon the written request of shareholders holding 30% or more of the
voting rights in respect of the matter for which the meeting is requested. At least seven days’ notice of the meeting is required
to be given to the shareholders whose names appear on the share register. One or more shareholders entitled to exercise at least 50% of
the voting rights of the shares of each class or series of shares entitled to vote as a class or series thereon, and the same proportion
of the votes of the remaining shares entitled to vote thereon, must be present at a meeting of shareholders, in person or by proxy, in
order to constitute a quorum and the affirmative vote of a simple majority of those present and entitled to vote shall be required in
order to approve and pass a resolution of shareholders. However, in the event a meeting of shareholders is adjourned due to the absence
of a quorum, at the adjourned meeting the quorum requirement shall be reduced to one-third of the votes of shares or each class or series
of shares entitled to vote on the resolutions to be considered by the meeting. Our Memorandum and Articles provide that any action that
may be taken at a meeting of shareholders may be taken without a meeting if the action is approved by a resolution consented to in writing
by shareholders, by an absolute majority of the votes of shares entitled to vote thereon, without the need for any notice.

Directors

Our Articles provides that
our board