China Natural Resources receives Nasdaq non-compliance notification

China Natural Resources received a letter from the Listing Qualifications Department of Nasdaq notifying the company that it is currently not in compliance with the minimum bid price requirement 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. The notification has no immediate effect on the listing of the Company’s common shares, which will continue to trade uninterrupted on Nasdaq under the ticker “CHNR“. The company has a compliance period of 180 calendar days, or until January 2, 2025, to regain compliance with Nasdaq’s minimum bid price requirement. In the event the company does not regain compliance with the minimum bid price requirement by January 2, 2025, the company may be eligible for an additional 180-calendar-day grace period.