China Natural Resources again compliant with Nasdaq Requirements

BVI-incorporated company China Natural Resources, Inc. announced that on April 6 it received a written notice from the Listing Qualifications department of the NASDAQ Stock Market, informing that the company has regained compliance with the US$35mln market value of listed securities requirement set forth in Nasdaq rules.

The decision was based on the closing bid price of the company’s common shares during recent ten consecutive business day measurement period, and the matter has been closed.

The BVI corporation is focused on the acquisition and exploitation of mining rights mainly located in Anhui Province in China, however, due to the depressed market price of metals, mining oprations at the company’s current mining property were temporarily suspended since December 27, 2015.

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