China Natural Resources Receives Nasdaq Deficiency Notice

HONG KONG, March 30, 2020 /PRNewswire/ — CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR), a company based in the People’s Republic of China, today announced that, on March 24, 2020, it received written notice from the Listing Qualifications department of Nasdaq Regulation (the “Notice”) that the Company is not in compliance with the minimum market value of listed securities (“MVLS”) requirement set forth in Nasdaq Rule 5550(b)(2). The Nasdaq Rule requires listed securities to maintain a minimum MVLS of $35 million and, based upon the closing bid price of the Company’s common shares during a 30 consecutive business day measurement period, the Company did not meet this requirement.

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