China Natural Resources Inc. announced today that it has secured an extension of its exploration permit for the Moruogu Tong mine in Inner Mongolia. Apart from lead and silver, there is the prospect that further surveying and exploration may indicate the presence of other ores such as copper, which the Company believes could lead to a revaluation [...]
China Natural Resources Inc. announced today that it has agreed to acquire Precise Space-Time Technology Limited for consideration of approximately 104.1 million Chinese Yuan, which is a 20% discount to the value of Precise Space-Time Technology as determined by an independent valuation firm. The consideration will be comprised of 120 million [...]
China Natural Resources Inc. today announced its results of operations for the year ended December 31, 2020. For the convenience of the reader, amounts in Chinese Yuan have been translated into United States dollars at the rate of US$1.00 = CNY6.5306 as quoted by www.ofx.com on December 31, 2020. Mr. Wong Wah On Edward, the Company's Chairman and [...]
China Natural Resources Inc. announced today the appointment of pharmaceutical industry executive Peng Wenlie as Vice President, effective March 22, 2021. Dr. Peng, who brings more than 20 years of experience working in the industry, will report directly to the Company's Chairman, Mr. Wong Wah On Edward. He will be responsible for evaluating the [...]
China Natural Resources Inc. today announced that it closed the registered direct offering of approximately $7.3 million of common shares at a price of $1.85 per share on January 22, 2021, as previously announced on January 20, 2021. The Company issued a total of 3,960,000 common shares to the institutional investors participating in the offering [...]
China Natural Resources Inc. announced today that Zou Yu has been appointed as a Vice President of the Company, such appointment effective as of October 22, 2020. From March 2015 to September 2020, Mr. Zou served as the general manager of the investment management center of Feishang Enterprise Group Company Limited, where he was responsible for [...]
China Natural Resources Inc. , a company based in the People's Republic of China , announced today that it has determined that in addition to its current mining segment, the Company will explore potential investments, among others, in the healthcare sector in the PRC. "We are excited to explore the opportunities presented by the healthcare sector [...]
China Natural Resources Inc. today released unaudited interim financial information for the six months ended June 30, 2020 as follows. China Natural Resources Inc. 30, 2020 AND 2019 Six Months Ended June 30, 2019 2020 2020 CNY CNY US$ Revenue 1,403 6,867 972 Cost of sales GROSS PROFIT 26 23 3 Administrative expenses OPERATING LOSS Finance costs [...]
China Natural Resources Inc. today announced that on September 2, 2020, it received written notice from the Listing Qualifications department of Nasdaq Regulation that the Company regained compliance with the minimum market value of listed securities requirement set forth in Nasdaq Listing Rule 5550. The Company had previously received a letter [...]
China Natural Resources Inc. today announced that it had entered into a Sale and Purchase Agreement with Feishang Group Limited, pursuant to which the Company issued 9,077,166 shares of the Company's common stock, no par value, to Feishang Group, in exchange for 120,000,000 shares of Feishang Anthracite Resources Limited, a company that is traded [...]
China Natural Resources today announced its results of operations for the year ended December 31, 2019 as follows. The consolidated statements of profits or loss of the Company for the years ended December 31, 2017, 2018 and 2019 have been prepared in accordance with IFRS as issued by the IASB. The consolidated statements of profits or loss have [...]
China Natural Resources today announced that, on April 29, 2020, it filed a Current Report on Form 6-K with the SEC as a condition to seeking relief provided by the SEC Order under Section 36 of the Securities and Exchange Act of 1934, as amended, granting exemptions from specified provisions of the Exchange Act, as set forth in SEC Release No [...]
