#China #NASDAQ #Hong Kong #China Natural Resources #Share Combination

China Natural Resources Implements 8-for-1 Share Combination

Hong Kong, May 27, 2025 - In a significant corporate move, China Natural Resources, Inc. (NASDAQ: CHNR) has announced an 8-for-1 share combination approved by its board of directors. This share combination will affect the company's issued and outstanding common shares, consolidating every eight shares into one.

Purpose of the Share Combination

The primary aim of this share combination is to elevate the per-share trading price of the company's common shares. By raising the share price, China Natural Resources intends to meet the minimum bid price requirement of $1.00 for continued listing on the Nasdaq Capital Market. This strategic decision indicates the company's commitment to maintaining its presence in the competitive stock market, even amidst fluctuations in share prices.

Mechanics of the Share Combination

Effective June 12, 2025, trading will commence on a combination-adjusted basis. Notably, fractional shares resulting from this consolidation will not be issued; rather, they will be rounded up to the nearest whole share. This means that existing shareholders will not lose their equity stake in the company, as all shareholders will experience uniform adjustments, except for those that arise from fractional share treatment.

With this adjustment, China Natural Resources will have approximately 1,233,221 common shares outstanding, not including shares that may be issued under existing options and warrants.

Impact on Existing Shareholders

Current shareholders need not worry about losing their percentage interest in the company due to this share combination. The uniform adjustment ensures that their holdings will be proportionately maintained. Additionally, all outstanding stock options, warrants, and rights to purchase shares will also be adjusted accordingly, preserving the value for shareholders across the board.

About China Natural Resources

China Natural Resources is a holding company incorporated in the British Virgin Islands specializing in exploration and mining. Recently, the company has been focusing on acquiring and exploiting mining rights in Inner Mongolia, targeting lead, silver, and other nonferrous metals. The company is also venturing into healthcare and non-natural resource sectors to diversify its portfolio.

A notable development includes the agreement to acquire Williams Minerals, which operates a lithium mine in Zimbabwe, for a potential maximum price of $1.75 billion. This acquisition aligns with China Natural Resources' strategy to enhance its position in the minerals market while exploring growth opportunities outside of traditional mining.

Conclusion

The share combination is a crucial step for China Natural Resources in its efforts to sustain and enhance its market position. This decision reflects the company's proactive approach to ensuring compliance with Nasdaq listing standards while safeguarding shareholder interests. Investors and analysts alike will be watching to see how this share combination influences the trading landscape for China Natural Resources as it moves forward into a new era of corporate functionality and growth.

This upcoming transition marks an important chapter in the company's journey towards securing its share value and fostering greater investment confidence, ultimately paving the way for future successes in both the exploration and broader investment sectors.