China Natural Resources approves eight-to-one share combination

China Natural Resources (CHNR), a British Virgin Islands company, announced that the board of directors of the Company has approved an eight-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. The share combination is expected to be effective at the market opening on June 12, 2025, at which time the Company’s common shares will begin trading on the Nasdaq Capital Market on a combination-adjusted basis. The Company’s common shares will continue to trade under the symbol “CHNR” but with a new CUSIP number, G2110U125. Upon the effectiveness of the share combination, every eight issued and outstanding common shares will automatically be converted into one issued and outstanding common share. The share combination is intended to increase the per share trading price of the Company’s common shares to satisfy the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market.