China Natural Resources

China Natural Resources, Inc. operates as a holding company. The firm engages in the exploration for lead, silver, and other metals in the Inner Mongolia Autonomous Region of China. It operates through the following segments: Exploration & Mining and Corporate Activities. The company was founded on December 14, 1993 and is headquartered in Hong Kong.

China Natural Resources, Inc. is an investment holding company, which engages in the exploration for lead, silver, and other metals in the Inner Mongolia Autonomous Region of China. It operates through the following segments: Wastewater Treatment, Exploration and Mining, and Corporate Activities. The Wastewater Treatment segment refers to the sales of assembled equipment and provision of construction services. The Exploration and Mining segment is involved in the exploration of lead, silver, and other metals. The company was founded on December 14, 1993 and is headquartered in Hong Kong.

HONG KONG , Feb. 21, 2024 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR) (the "Company") today announced that it closed the registered direct placement of approximately $3.27 million of common shares at a price of $2.20 per share on February 21, 2024, as previously announced on February 16, 2024.

CHINA NATURAL RESOURCES, INC. ANNOUNCES THE CLOSING OF REGISTERED DIRECT PLACEMENT OF $3.27 MILLION OF COMMON SHARES AND PRIVATE PLACEMENT WARRANTS

HONG KONG , Feb. 16, 2024 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR) (the "Company") announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of approximately $3.27 million of common shares, no par value, at a price of $2.20 per share.

CHINA NATURAL RESOURCES, INC. ANNOUNCES REGISTERED DIRECT PLACEMENT OF $3.27 MILLION OF COMMON SHARES AND PRIVATE PLACEMENT WARRANTS

China Natural Resources (NASDAQ: CHNR ) stock is taking off on Thursday despite a lack of news from the Chinese mining company this morning. Instead, heavy trading is behind the rally.

Why Is China Natural Resources (CHNR) Stock Up 202% Today?

China Natural Resources (NASDAQ: CHNR ) stock is taking off on Monday after the mining company announced plans to sell Precise Space-Time Technology. According to a press release, this will have China Natural Resources selling all of its outstanding shares of Precise Space-Time Technology to Feishang Group Limited.

Why Is China Natural Resources (CHNR) Stock Up 45% Today?

HONG KONG , July 28, 2023 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today that it has agreed to sell all outstanding shares of Precise Space-Time Technology Limited ("Precise Space-Time Technology" or "PSTT") to Feishang Group Limited, together with PSTT's outstanding payable owed to the Company, for consideration of approximately RMB95,761,119 in cash (approximately $13.2 million, the "Base Purchase Price"). The Base Purchase Price is subject to upward post-closing adjustment based on the difference between net assets of PSTT as included in its unaudited consolidated balance sheet as of June 30, 2023 and the base net assets (which is determined as the higher of RMB-49,074,962, PSTT's consolidated net assets as of December 31, 2022 and RMB-34,197,300, the value of PSTT as determined by the valuation report dated July 28, 2023).

CHINA NATURAL RESOURCES TO SELL PRECISE SPACE-TIME TECHNOLOGY

HONG KONG , May 15, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company") today announced its results of operations for the year ended December 31, 2022. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.8979 as quoted by www.ofx.com on December 31, 2022, except as otherwise disclosed.

China Natural Resources Reports Full Year 2022 Results

HONG KONG , April 14, 2023 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) ("China Natural Resources," the "Company," or "CHNR") announced today that the Company has completed its due diligence investigation with satisfactory results, and will proceed with the acquisition of Williams Minerals (Pvt) Ltd ("Williams Minerals") by paying a deposit of US$35 million by way of promissory notes to Feishang Group Limited and Top Pacific (China) Limited (the "Sellers") on or about April 21, 2023, pursuant to the definitive sale and purchase agreement that the Company entered into with the Sellers on February 27, 2023 (the "Sale and Purchase Agreement").

China Natural Resources Completes Due Diligence; Moves Forward with Strategic Acquisition of Lithium Mine in Zimbabwe with Maximum Consideration Contemplated to be US$1.75 Billion

HONG KONG , March 31, 2023 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin Islands ("BVI") company (the "Company") today announced that the board of directors of the Company has approved a five-to-one share combination of issued and outstanding common shares, without par value, of the Company. No shareholders' approval of the share combination is required pursuant to BVI law.

China Natural Resources Announces 5-to-1 Share Combination

HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company" or "CHNR") announced today that the Company has entered into a definitive agreement (the "Sale and Purchase Agreement") with Feishang Group Limited and Top Pacific (China) Limited (together, the "Sellers"), and Mr. Li Feilie and Mr. Yao Yuguang, to acquire Williams Minerals (Pvt) Ltd ("Williams Minerals"), which owns the mining permit for a Zimbabwean lithium mine (the "Acquisition"). Feishang Group Limited (CHNR's controlling shareholder) owns 70% of Williams Minerals and Top Pacific (China) Limited, a non-affiliate, owns the remaining 30%.

CHINA NATURAL RESOURCES ANNOUNCES STRATEGIC ACQUISITION OF LITHIUM MINE IN ZIMBABWE

HONG KONG , Nov. 7, 2022 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company") today announced its results of operations for the six months ended June 30, 2022. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.6995 as quoted by www.ofx.com on June 30, 2022, except as otherwise disclosed.

CHINA NATURAL RESOURCES REPORTS FIRST HALF 2022 RESULTS

HONG KONG , Oct. 26, 2022 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company"), announced today that on October 25, 2022, it received notification from the Nasdaq Capital Market ("Nasdaq") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 24, 2023. To regain compliance with Nasdaq's minimum bid price requirement, the closing bid price of the Company's common shares needs to be at least $1.00 per share or greater for at least ten consecutive trading days by April 24, 2023.

China Natural Resources Receives NASDAQ Minimum Bid Price Requirement Extension

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HONG KONG , MAY 17, 2022 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company") today announced its results of operations for the twelve months ended December 31, 2021. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.3559 as quoted by www.ofx.com on December 31, 2021.

CHINA NATURAL RESOURCES REPORTS FULL YEAR 2021 RESULTS

HONG KONG , May 2, 2022  /PRNewswire/ -- On April 27, 2022, China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") received a letter from the Listing Qualifications Department of The Nasdaq Capital Market ("Nasdaq") notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company's common shares was below the minimum of $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

China Natural Resources Receives Nasdaq Notification Regarding Minimum Bid Requirements

HONG KONG , March 31, 2022 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today that it plans to accelerate its exploration efforts and capital expenditures in 2022 at its Moruogu Tong Mine in Inner Mongolia. Exploration conducted in 2013 revealed geochemical anomalies associated with nickel and gold in the southern part of the mine area but did not indicate any concentration.

China Natural Resources to Increase Investment in Nickel Exploration at Moruogu Tong Mine

HONG KONG, March 14, 2022 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today that it has secured an extension of its exploration permit for the Moruogu Tong mine in Inner Mongolia.  Apart from lead and silver, there is the prospect that further surveying and exploration may indicate the presence of other ores such as copper, which the Company believes could lead to a revaluation of its exploration rights.

China Natural Resources Secures Mine Exploration Permit Extension To 2026; Presence of Copper Could Lead to Asset Revaluation

HONG KONG, Nov. 5, 2021 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today unaudited financial results for the six months ended June 30, 2021.  The Company concurrently reiterated its expansion and diversification strategy, under which it is actively conducting due diligence as it explores compelling business opportunities in the healthcare and other non-natural resources sectors.

China Natural Resources Reports First Half 2021 Financial Results

HONG KONG, July 27, 2021 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today that it has agreed to acquire Precise Space-Time Technology Limited ("Precise Space-Time Technology") for consideration of approximately 104.1 million Chinese Yuan (US$16.1 million), which is a 20% discount to the value of Precise Space-Time Technology as determined by an independent valuation firm. The consideration will be comprised of 120 million shares of Feishang Anthracite Resources Limited (HK: 1738) held by the Company (based on the average closing price of Feishang Anthracite Resources Limited over the five trading days before July 27, 2021, and discounted for lack of marketability according to an independent valuation report); (ii) three million restricted shares of the Company (based on the average closing price of the Company over the five trading days before July 27, 2021); and (iii) cash.

China Natural Resources To Acquire Precise Space-Time Technology

HONG KONG, April 23, 2021 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR) (the "Company") today announced its results of operations for the year ended December 31, 2020.

China Natural Resources Reports Full Year 2020 Results

HONG KONG, March 23, 2021 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today the appointment of pharmaceutical industry executive Peng Wenlie as Vice President, effective March 22, 2021.  Dr. Peng, who brings more than 20 years of experience working in the industry, will report directly to the Company's Chairman, Mr.

China Natural Resources Appoints 20-year Pharmaceutical Executive Dr. Peng Wenlie as Vice President

The stock price of China Natural Resources Inc (NASDAQ: CHNR) is trading at over 20% pre-market. This is why it happened.

CHNR Stock Price Increases over 20% Pre-Market: Why It Happened

HONG KONG, Jan. 22, 2021 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR) (the "Company") today announced that it closed the registered direct offering of approximately $7.3 million of common shares at a price of $1.85 per share on January 22, 2021, as previously announced on...

China Natural Resources, Inc. Announces The Closing Of $7.3 Million Registered Direct Offering

HONG KONG, Jan. 20, 2021 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR) (the "Company") announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of approximately $7.3 million of common shares,...

China Natural Resources, Inc. Announces Entry into Agreement for Registered Direct Placement of $7.3 Million of Common Shares and Private Placement Warrants

HONG KONG, Oct. 22, 2020 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today that Zou Yu has been appointed as a Vice President of the Company, such appointment effective as of October 22, 2020. From March 2015 to September 2020, Mr. Zou served as...

China Natural Resources, Inc. Appoints Zou Yu as Vice President

HONG KONG, Sept. 11, 2020 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC.

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