China Natural Resources Inc.

China Natural Resources Inc. today announced its results of operations for the six months ended June 30, 2024. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY7.2673 as quoted by www.ofx.com on June 30, 2024, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are prudently investing in our [...]

On July 5, 2024, China Natural Resources Inc. received a letter from the Listing Qualifications Department of The Nasdaq Capital Market notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550, 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 [...]

China Natural Resources Inc. today announced its results of operations for the year ended December 31, 2023. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY7.0786 as quoted by www.ofx.com on December 31, 2023, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are prudently investing in our [...]

China Natural Resources Inc. 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. The Company issued a total of 1,487,870 common shares to the institutional investors participating in the offering. In a concurrent private placement, the Company also issued warrants to [...]

China Natural Resources Inc. 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. The Company will issue a total of 1,487,870 common shares to the institutional investors. In a concurrent private placement, the Company will also issue to the [...]

China Natural Resources Inc. announced today that it has agreed to sell all outstanding shares of Precise Space-Time Technology Limited to Feishang Group Limited, together with PSTT's outstanding payable owed to the Company, for consideration of approximately RMB95,761,119 in cash . The Base Purchase Price is subject to upward post-closing adjustment based on the difference between net assets of PSTT as included in its [...]

China Natural Resources Inc. today announced its results of operations for the year ended December 31, 2022. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY6.8979 as quoted by www.ofx.com on December 31, 2022, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We delivered over 8% annual revenue [...]

China Natural Resources Inc. announced today that the Company has completed its due diligence investigation with satisfactory results, and will proceed with the acquisition of Williams Minerals Ltd by paying a deposit of US$35 million by way of promissory notes to Feishang Group Limited and Top Pacific Limited on or about April 21, 2023, pursuant to the definitive sale and purchase agreement that the Company entered into [...]

China Natural Resources Inc. announced today that the Company has entered into a definitive agreement with Feishang Group Limited and Top Pacific Limited , and Mr. Li Feilie and Mr. Yao Yuguang, to acquire Williams Minerals Ltd , which owns the mining permit for a Zimbabwean lithium mine . Feishang Group Limited owns 70% of Williams Minerals and Top Pacific Limited, a non-affiliate, owns the remaining 30%. Under the Sale [...]

China Natural Resources Inc. today announced its results of operations for the six months ended June 30, 2022. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY6.6995 as quoted by www.ofx.com on June 30, 2022, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are pleased with our increased [...]