HONG
KONG, Oct. 26, 2022 /PRNewswire/ -- China
Natural Resources, Inc. (NASDAQ: CHNR) (the "Company"), announced
today that on October 25, 2022, it
received notification from the Nasdaq Capital Market ("Nasdaq")
confirming the Company has been granted an additional 180 calendar
day period for compliance under its minimum bid price requirement
through April 24, 2023. To regain
compliance with Nasdaq's minimum bid price requirement, the closing
bid price of the Company's common shares needs to be at least
$1.00 per share or greater for at
least ten consecutive trading days by April
24, 2023.
About China Natural Resources:
China Natural Resources, Inc., a British Virgin Islands corporation, through
its operating subsidiaries in the
People's Republic of China (the "PRC"), is currently engaged
in the wastewater treatment industry in the PRC, and the
acquisition and exploitation of mining rights in Inner Mongolia,
including preliminary exploration for nickel, lead, silver and
other nonferrous metals, and is actively exploring further business
opportunities in the healthcare sector, natural resources sector
and other sectors.
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SOURCE China Natural Resources, Inc.