The Company had previously received a letter from Nasdaq on March 24, 2020 notifying the Company that it was not in compliance with Nasdaq Listing Rule 5550(b)(2), which requires listed securities to maintain a minimum MVLS of $35 million.
"We are pleased to see that the market value of the Company's shares once again exceeds the requirements for continued listing on Nasdaq. Regaining compliance allows continued access to the capital markets for the Company and liquidity for our shareholders," said Mr. Wong Wah On Edward, the Company's Chairman.
About China Natural Resources, Inc.:
China Natural Resources, Inc., a British Virgin Islands corporation, through its operating subsidiary in the PRC, is currently engaged in (a) the acquisition and exploitation of mining rights in Inner Mongolia, including preliminary exploration for lead, silver and other nonferrous metals; and (b) copper trading in the PRC.
Forward-Looking Statements:
SOURCE CHINA NATURAL RESOURCES INC
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