China Natural Resources, Inc., through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. The company explores for lead, silver, and other metal deposits. It holds interest in the Moruogu Tong mine that covers an area of 10.43 square kilometers located in Bayannaoer City, Inner Mongolia. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong. China Natural Resources, Inc. is a subsidiary of Feishang Group Limited.
IPO Year:
Exchange: NASDAQ
Website: chnr.net
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SC 13G - CHINA NATURAL RESOURCES INC (0000793628) (Subject)
SC 13G - CHINA NATURAL RESOURCES INC (0000793628) (Subject)
SC 13G - CHINA NATURAL RESOURCES INC (0000793628) (Subject)
SC 13D/A - CHINA NATURAL RESOURCES INC (0000793628) (Subject)
HONG KONG, March 23, 2021 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") 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 Company's investment opportunities in the healthcare, biomedicine, and related markets. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are excited to announce the addition of Dr. Peng Wenlie as Vice President. He shares our positive outlook for the extensive
HONG KONG, May 15, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ:CHNR) (the "Company") today announced its results of operations for the year ended December 31, 2022. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.8979 as quoted by www.ofx.com on December 31, 2022, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We delivered over 8% annual revenue growth for the full year 2022, while reducing our net loss by 59%. Given the extremely challenging conditions we have been operating in, with supply chain closures and financing hurdles, w
6-K - CHINA NATURAL RESOURCES INC (0000793628) (Filer)
6-K - CHINA NATURAL RESOURCES INC (0000793628) (Filer)
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HONG KONG, July 11, 2024 /PRNewswire/ -- On July 5, 2024, China Natural Resources, Inc. (NASDAQ:CHNR) (the "Company") received a letter from the Listing Qualifications Department of The Nasdaq Capital Market ("Nasdaq") notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company's common shares was below the minimum of $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect
HONG KONG, April 30, 2024 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ:CHNR) (the "Company") today announced its results of operations for the year ended December 31, 2023. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY7.0786 as quoted by www.ofx.com on December 31, 2023, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are prudently investing in our exploration activities as we work to extract further value from the Wulatehouqi Moruogu Tong Mine. The disposition of Shanghai Onway Environmental Development Co., Limited in July 2023 ca
HONG KONG, Feb. 21, 2024 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC. (NASDAQ:CHNR) (the "Company") today announced that it closed the registered direct placement of approximately $3.27 million of common shares at a price of $2.20 per share on February 21, 2024, as previously announced on February 16, 2024. The Company issued a total of 1,487,870 common shares to the institutional investors participating in the offering. In a concurrent private placement, the Company also issued warrants ("Warrants") to the investors, initially exercisable for the purchase of up to 1,115,903 common shares at an exercise price of $3.00 per share, which Warrants have a term of 42 months from the date of issua
HONG KONG, Feb. 16, 2024 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC. (NASDAQ:CHNR) (the "Company") announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of approximately $3.27 million of common shares, no par value, at a price of $2.20 per share. The Company will issue a total of 1,487,870 common shares to the institutional investors. In a concurrent private placement, the Company will also issue to the investors common share warrants ("Warrants") initially exercisable for the purchase of up to 1,115,903 common shares at an exercise price of $3.00 per share, which Warrants will have a term of 42 months from
HONG KONG, July 28, 2023 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ:CHNR) (the "Company") announced today that it has agreed to sell all outstanding shares of Precise Space-Time Technology Limited ("Precise Space-Time Technology" or "PSTT") to Feishang Group Limited, together with PSTT's outstanding payable owed to the Company, for consideration of approximately RMB95,761,119 in cash (approximately $13.2 million, the "Base Purchase Price"). The Base Purchase Price is subject to upward post-closing adjustment based on the difference between net assets of PSTT as included in its unaudited consolidated balance sheet as of June 30, 2023 and the base net assets (which is determined as
HONG KONG, May 15, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ:CHNR) (the "Company") today announced its results of operations for the year ended December 31, 2022. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.8979 as quoted by www.ofx.com on December 31, 2022, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We delivered over 8% annual revenue growth for the full year 2022, while reducing our net loss by 59%. Given the extremely challenging conditions we have been operating in, with supply chain closures and financing hurdles, w
HONG KONG, April 14, 2023 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ:CHNR) ("China Natural Resources," the "Company," or "CHNR") announced today that the Company has completed its due diligence investigation with satisfactory results, and will proceed with the acquisition of Williams Minerals (Pvt) Ltd ("Williams Minerals") by paying a deposit of US$35 million by way of promissory notes to Feishang Group Limited and Top Pacific (China) Limited (the "Sellers") on or about April 21, 2023, pursuant to the definitive sale and purchase agreement that the Company entered into with the Sellers on February 27, 2023 (the "Sale and Purchase Agreement"). Williams Minerals owns the mining per
HONG KONG, March 31, 2023 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ:CHNR), a British Virgin Islands ("BVI") company (the "Company") today announced that the board of directors of the Company has approved a five-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 April 3, 2023, 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
HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ:CHNR) (the "Company" or "CHNR") announced today that the Company has entered into a definitive agreement (the "Sale and Purchase Agreement") with Feishang Group Limited and Top Pacific (China) Limited (together, the "Sellers"), and Mr. Li Feilie and Mr. Yao Yuguang, to acquire Williams Minerals (Pvt) Ltd ("Williams Minerals"), which owns the mining permit for a Zimbabwean lithium mine (the "Acquisition"). Feishang Group Limited (CHNR's controlling shareholder) owns 70% of Williams Minerals and Top Pacific (China) Limited, a non-affiliate, owns the remaining 30%. Under the Sale and Purchase Agreement, it is expected
HONG KONG, Nov. 7, 2022 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ:CHNR) (the "Company") today announced its results of operations for the six months ended June 30, 2022. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.6995 as quoted by www.ofx.com on June 30, 2022, except as otherwise disclosed. Mr. Wong Wah On Edward, Chairman of the Company, commented, "We are pleased with our increased gross margin, which improved to 45.43% from 13.52% in the prior year period, and our return to profitability, with net income attributable to the owners of the Company of $0.01 per share compa
On July 5, 2024, China Natural Resources, Inc. (NASDAQ:CHNR) (the "Company") received a letter from the Listing Qualifications Department of The Nasdaq Capital Market ("Nasdaq") notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), 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. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's common sh
Shares of Hibbett, Inc. (NASDAQ:HIBB) rose sharply in today's pre-market trading after the company agreed to be acquired by JD Sports Fashion for $87.50 per share in cash, in a $1.1 billion transaction. Hibbett shares jumped 18.4% to $85.83 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Pineapple Energy Inc. (NASDAQ:PEGY) shares gained 38% to $0.0632 in pre-market trading after falling 10% on Monday ImmunityBio, Inc. (NASDAQ:IBRX) gained 34.6% to $6.65 in pre-market trading after the company received FDA approval for ANKTIVA, a first-in-class IL-15 receptor agonist, for BCG-unresponsive non-muscle invasive bladder cancer. Nuwellis,
China Natural Resources's (NYSE:CHNR) short percent of float has risen 21.95% since its last report. The company recently reported that it has 13 thousand shares sold short, which is 0.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.6 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short i
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling around 0.5% on Friday. The Dow traded down 0.24% to 38,681.46 while the NASDAQ fell 0.56% to 15,816.84. The S&P 500 also fell, dropping, 0.27% to 5,016.06. Check This Out: Amazon, Royal Caribbean Cruises And 2 Other Stocks Insiders Are Selling Leading and Lagging Sectors Materials shares rose by 0.8% on Friday. In trading on Friday, communication services shares fell by 1.4%. Top Headline Shares of TreeHouse Foods, Inc. (NYSE:THS) fell around 16% on Friday after the company reported worse-than-expected fourth-quarter revenue results and issued FY24 outlook below estimates. The company
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 50 points on Friday. The Dow traded down 0.10% to 38,736.15 while the NASDAQ fell 0.34% to 15,852.87. The S&P 500 also fell, dropping, 0.09% to 5,025.26. Check This Out: Amazon, Royal Caribbean Cruises And 2 Other Stocks Insiders Are Selling Leading and Lagging Sectors Materials shares rose by 0.8% on Friday. In trading on Friday, communication services shares fell by 1.6%. Top Headline Shares of TreeHouse Foods, Inc. (NYSE:THS) fell around 14% on Friday after the company reported worse-than-expected fourth-quarter revenue results and issued FY24 outlook below estimates. The company
Shares of DoorDash, Inc. (NASDAQ:DASH) fell sharply in today’s session as the company reported mixed financial results for its fourth quarter. The company said it expects first-quarter marketplace GOV to be between $18.5 billion and $18.9 billion and adjusted EBITDA in the range of $320 million to $380 million. DoorDash shares dipped 12.2% to $110.88 on Friday. Here are some other stocks moving in today's mid-day session. Gainers Gaxos.ai Inc. (NASDAQ:GXAI) gained 444% to $1.41. Gaxos Gaming announced plans to launch an AI solution for game developers and studios. Fusion Fuel Green PLC (NASDAQ:HTOO) shares gained 157% to $3.10. The company said it had received notification from the
China Natural Resources Inc (NASDAQ:CHNR) shares are trading lower by 42% to $2.00 Friday morning after the company arranged a registered direct placement of approximately $3.27 million worth of common shares at $2.20 per share with institutional investors. This agreement also includes a concurrent private placement of common share warrants exercisable for up to 1,115,903 shares at $3.00 per share, with a term of 42 months. The offering is anticipated to finalize around February 21, 2024, pending customary closing conditions. Proceeds from the placement will primarily be allocated for general working capital purposes. FT Global Capital, Inc. served as the exclusive placement agent fo
U.S. stocks traded mostly lower this morning, with the Dow Jones index falling around 150 points on Friday. Following the market opening Friday, the Dow traded down 0.43% to 38,607.11 while the NASDAQ rose 0.01% to 15,907.68. The S&P 500 also fell, dropping, 0.16% to 5,021.71. Check This Out: Amazon, Royal Caribbean Cruises And 2 Other Stocks Insiders Are Selling Leading and Lagging Sectors Information technology shares rose by 0.6% on Friday. In trading on Friday, real estate shares fell by 1.3%. Top Headline U.S. producer prices for final demand rose 0.3% month-over-month in January, recording the biggest rise in five months, compared to a 0.1% fall in the previous mont
CHINA NATURAL RESOURCES, INC. (NASDAQ:CHNR) (the "Company") announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of approximately $3.27 million of common shares, no par value, at a price of $2.20 per share. The Company will issue a total of 1,487,870 common shares to the institutional investors. In a concurrent private placement, the Company will also issue to the investors common share warrants ("Warrants") initially exercisable for the purchase of up to 1,115,903 common shares at an exercise price of $3.00 per share, which Warrants will have a term of 42 months from the date of issuance.The net proceeds fr