Company: CHNR
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001079973-25-000827
Chunk: 6

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 16E
Chunk 6
---
 from our forward-looking statements are:
 
•   uncertainties regarding the governmental, economic and political circumstances in the PRC;
----------------------------------------------------------------------------------------------

•   the impact on the Company’s financial position, growth potential and business of the sale of PST Technology and Shanghai Onway specifically;
------------------------------------------------------------------------------------------------------------------------------------------------

•   uncertainties related to the Company’s ability to identify potential partners or acquisition targets as it considers strategic alternatives in other non-natural resources sectors;
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

•   uncertainties associated with metal price volatility;
---------------------------------------------------------

•   uncertainties concerning the viability of mining and estimates of reserves at the Company’s Moruogu Tong Mine in Inner Mongolia;
------------------------------------------------------------------------------------------------------------------------------------

•   uncertainties regarding our ability to acquire a mining permit and to extract mineral reserves located in the Moruogu Tong Mine in an economically feasible manner;
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------

•   uncertainties related to our ability to fund operations and capital expenditures;
-------------------------------------------------------------------------------------

•   uncertainties relating to the acquisition of Williams Minerals that were not discovered by us through our due diligence investigation;
------------------------------------------------------------------------------------------------------------------------------------------

•   uncertainties related to the completion of the acquisition of Williams Minerals which is conditional upon satisfaction or waiver of various conditions;
-----------------------------------------------------------------------------------------------------------------------------------------------------------

•   failure to complete the acquisition of Williams Minerals may have a material adverse effect on the Company’s business, financial condition and results of operations;
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------

•   uncertainties related to the realization of the anticipated benefits associated with it;
--------------------------------------------------------------------------------------------

•   the potential lack of appetite for the Company’s current holdings as consideration for a transaction;
---------------------------------------------------------------------------------------------------------

•   uncertainties related to geopolitical events and conflicts, such as the conflict between Russia and Ukraine;
----------------------------------------------------------------------------------------------------------------

•   uncertainties regarding the impact of climate change on our operations and business;
----------------------------------------------------------------------------------------

•   uncertainties related to possible future increases in operating expenses;
-----------------------------------------------------------------------------

•   the fluctuations of interest rates and foreign exchange rates;
------------------------------------------------------------------

•   uncertainties related to the political situation between the PRC and the United States, and potential negative impacts on companies with operations in the PRC that are listed on exchanges in the United States; and
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

•   other risks detailed from time to time in the Company’s filings with the SEC, including without limitation the information set forth in Item 3.D. of this annual report under the heading “Risk Factors.”
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

vi
--

With respect to forward-looking statements that include a statement of underlying assumptions or bases, the Company cautions that, while it believes such assumptions or bases to be reasonable and has formed them in good faith, assumed facts or bases almost always vary from