#China #Hong Kong #China Natural Resources #CHNR #BVI Company

China Natural Resources Announces Share Combination

On June 10, 2025, China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin Islands-based corporation, unveiled its plan to implement a significant share combination. This strategic move aims to streamline its capital structure and enhance trading efficiency for its shareholders.

The share combination is set to take effect with the commencement of trading on June 13, 2025, allowing every eight issued common shares to be automatically converted into a single outstanding common share. Notably, this change will not result in the issuance of fractional shares; instead, any fraction of shares will be rounded up to ensure that every shareholder holds whole shares following the adjustment. This uniform approach ensures all investors are treated equally, preserving their percentage interests in the company’s shares, though minor adjustments may occur due to fractional share handling.

Implications for Shareholders

This share combination is part of a broader strategy to bolster market activity surrounding China Natural Resources. Post-combination, the shares will continue to be traded under the established ticker symbol 'CHNR,' although they will carry a new CUSIP number, G2110U125. This change is expected to amplify liquidity and attract more attention from potential investors.

The company's management believes this consolidation will provide stability and facilitate potential future growth, allowing the company to better position itself within the competitive landscape of the natural resources sector. The consolidation is particularly significant as China Natural Resources continues to navigate through various operational challenges and market dynamics, especially in light of their ventures into mining rights acquisition within Inner Mongolia.

Company Overview

Established as a holding company, China Natural Resources, Inc. focuses on exploration and mining initiatives. Since the completion of the Precise Space-Time Technology disposition on July 28, 2023, the company has expanded its interests in acquiring mining rights for vital nonferrous metals, such as lead and silver. Moreover, China Natural Resources has recently agreed to acquire Williams Minerals, a firm possessing a lithium mine located in Zimbabwe, for a staggering maximum valuation of $1.75 billion. This acquisition is not just pivotal for their portfolio but also positions China Natural Resources strongly in the green energy sector, which is quickly gaining momentum globally.

As part of its growth strategy, the company is diligently working towards finalizing this transaction, collaborating with key stakeholders—including its controlling shareholder, Feishang Group Limited, and Top Pacific (China) Limited, a non-affiliate.

Forward-Looking Statements

It is important for investors and stakeholders to understand that this press release may contain forward-looking statements. These statements, defined as projections reflecting the company's future expectations or strategies, are accompanied by inherent risks and uncertainties. These projections reflect the company’s optimistic outlook but are subject to changes based on various market factors and operational challenges.

Stakeholders are encouraged to consider the risk factors outlined in China Natural Resources' periodic reports filed with the Securities and Exchange Commission (SEC) before making investment decisions. The company does not undertake an obligation to publicly update these forward-looking statements unless required under applicable securities law.

In summary, this share consolidation represents a significant maneuver for China Natural Resources, Inc., aiming to enhance its trading efficiency and market appeal while transitioning into a new phase of business endeavors focused on exploration and resource innovation.