Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 189

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 189
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, such an extension may apply to assessments of amounts unrelated to any
unsatisfied reporting requirement. Each U.S. Holder should consult its own tax advisor regarding the information reporting and backup
withholding rules.

THE ABOVE SUMMARY IS
NOT INTENDED TO CONSTITUTE A COMPLETE ANALYSIS OF ALL U.S. TAX CONSIDERATIONS APPLICABLE TO U.S. HOLDERS WITH RESPECT TO THE OWNERSHIP,
EXERCISE OR DISPOSITION OF COMMON SHARES. U.S. HOLDERS SHOULD CONSULT THEIR OWN TAX ADVISORS AS TO THE TAX CONSIDERATIONS APPLICABLE TO
THEM IN THEIR PARTICULAR CIRCUMSTANCES.

BVI Taxation

This
summary has been prepared based upon management’s understanding of applicable tax consequences, but has not been reviewed by counsel
or other experts in U.S. or BVI taxation. This summary does not address all possible tax consequences relating to an investment in our
common shares and does not purport to deal with the tax consequences applicable to all categories of investors, some of which, such as
dealers in securities, insurance companies and tax-exempt entities, may be subject to special rules. In particular, the discussion does
not address the tax of non-BVI tax laws, except to the extent described above under “Taxation – United Stated Federal
Income Taxation.” Accordingly, each prospective investor should consult its own tax advisor regarding the particular tax consequences
to it of an investment in the common shares. The discussion below is based upon laws and relevant interpretations in effect as of the
date of this prospectus, all of which are subject to change. Under the BVI Business Companies Act (as amended) as currently in effect,
companies incorporated or registered under the BVI Business Companies Act are currently exempt from income and corporate tax. In addition,
the BVI currently does not levy capital gains tax on companies incorporated or registered under the BVI Business Companies Act.

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A
holder of our common shares who is not a resident of BVI is exempt from BVI income tax on dividends paid with respect to the common shares
and any capital gains realized with respect to any common shares. In addition, the common shares are not subject to transfer taxes, stamp
duties or similar charges for so long as we do not hold an interest in real estate in the BVI.

There
are no estate, gift or inheritance taxes levied by the BVI on companies incorporated or registered under the BVI Business Companies Act.

There
is no income