HONG KONG, June 10, 2025 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin Islands ("BVI") company (the "Company") today announced that it will implement the combination (the "Combination") of issued and outstanding common shares, without par value, of the Company. The Company's common shares will begin trading on a post-Combination basis at market open on June 13, 2025.Upon the effectiveness of the share combination, every eight issued and outstanding common shares will automat ...

Core Viewpoint - China Natural Resources, Inc. has announced an eight-to-one share combination to increase its per share trading price and meet Nasdaq listing requirements [1][3]. Group 1: Share Combination Details - The board of directors has approved an eight-to-one share combination of issued and outstanding common shares, effective June 12, 2025 [1]. - Every eight issued and outstanding common shares will automatically convert into one common share, with fractional shares rounded up to the next whole share [2]. - The share combination will not affect the total number of authorized common shares, and all outstanding options and warrants will be adjusted proportionately [3]. Group 2: Company Operations and Strategy - China Natural Resources operates in exploration and mining, focusing on acquiring and exploiting mining rights in Inner Mongolia, including lead, silver, and other nonferrous metals [4]. - The company is in the process of acquiring Williams Minerals, which operates a lithium mine in Zimbabwe, for a maximum consideration of US$1.75 billion [4].