Welcome to our dedicated page for China Natural Resources news (Ticker: CHNR), a resource for investors and traders seeking the latest updates and insights on China Natural Resources stock.
China Natural Resources Inc (CHNR) provides investors with comprehensive access to official company announcements and market-moving developments. This centralized resource aggregates all material disclosures from the Hong Kong-based investment holding company, spanning its wastewater treatment operations and mining exploration activities.
Key updates include quarterly financial results, strategic partnerships in environmental infrastructure, mineral resource assessments, and regulatory filings. Investors gain direct access to primary source documents including earnings releases, project commissioning notices, and corporate governance updates.
The archive maintains chronological organization of press releases detailing equipment deployments in wastewater management, mining license acquisitions, and operational expansions. Content is rigorously verified against original corporate disclosures to ensure accuracy and timeliness.
Bookmark this page for streamlined monitoring of CHNR's dual-segment developments in environmental technology and natural resource extraction. Regular updates provide critical insights into the company's operational footprint across China's industrial and mining sectors.
China Natural Resources (NASDAQ: CHNR) has announced an 8-to-1 share combination of its common shares, effective June 12, 2025. The reverse split aims to meet Nasdaq's $1.00 minimum bid price requirement for continued listing. Following the combination, CHNR will have approximately 1,233,221 shares outstanding.
The share combination will automatically convert every 8 existing shares into 1 share, with fractional shares rounded up. The company will maintain its "CHNR" trading symbol but receive a new CUSIP number (G2110U125). All outstanding options and warrants will be proportionally adjusted.
CHNR operates in mining exploration in Inner Mongolia and is working to acquire Williams Minerals, a Zimbabwe lithium mine, for up to $1.75 billion.
China Natural Resources (NASDAQ: CHNR) has received an additional 180-day extension from Nasdaq's Listing Qualifications Department to regain compliance with the $1.00 minimum bid price requirement. The new compliance deadline is June 30, 2025. The company's shares continue trading on the Nasdaq Capital Market under 'CHNR'.
To regain compliance, CHNR must maintain a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days before June 30, 2025. If compliance is not achieved by the deadline, the company will receive a delisting notice but may appeal to a Nasdaq Hearings Panel. CHNR plans to monitor its share price and consider options to address the deficiency within the compliance period.
China Natural Resources (NASDAQ: CHNR) reported its financial results for H1 2024. The company reduced its net loss to CNY0.12 million (US$0.02 million) compared to CNY9.46 million in H1 2023. Administrative expenses decreased to CNY4.00 million (US$0.55 million) from CNY4.88 million in 2023. The company recorded a fair value gain on financial instruments of CNY3.86 million (US$0.53 million) compared to a loss of CNY0.09 million in the previous year.
The company continues to focus on exploration activities at the Wulatehouqi Moruogu Tong Mine, though its William Minerals acquisition faces delays. As of June 30, 2024, CHNR maintained a cash position of US$1.21 million.
On July 5, 2024, China Natural Resources (NASDAQ: CHNR) received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's common shares closed below $1.00 for 30 consecutive business days. Despite this, CHNR shares will continue trading on Nasdaq without immediate effects. The company has a 180-day grace period until January 2, 2025, to meet the bid price requirement. If the closing bid price reaches at least $1.00 for ten consecutive business days within this period, the compliance issue will be resolved. If compliance is not regained, an additional 180-day grace period might be granted.
China Natural Resources Inc. (CHNR) reported its full-year 2023 results, highlighting a decrease in administrative expenses, an increase in other income, a decrease in fair value gain on financial instruments, and a net loss reduction. The company's focus on exploration activities, the disposition of Shanghai Onway Environmental Development Co., , and a direct placement of common shares to institutional investors are seen as strategic moves to strengthen the company's position and build value for shareholders.
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