China Natural Resources Receives Nasdaq Notification Regarding Minimum Bid Requirements
China Natural Resources Receives Nasdaq Notification Regarding Minimum Bid Requirements
On July 5, 2024, China Natural Resources, Inc. (NASDAQ:CHNR) (the "Company") received a letter from the Listing Qualifications Department of The Nasdaq Capital Market ("Nasdaq") notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company's common shares was below the minimum of $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's common shares, which will continue to trade uninterrupted on Nasdaq under the ticker "CHNR".
2024年7月5日，中国天然资源公司(纳斯达克: CHNR)(以下简称"公司")收到了纳斯达克资本市场的上市资格部门的一封信，通知公司目前未达到纳斯达克上市规则5550(a)(2)中规定的最低买入价格要求，因为公司的普通股收盘买入价格在30个连续交易日内低于每股1.00美元的最低价格。本新闻稿根据纳斯达克上市规则5810(b)发布，该规则要求立即披露收到缺陷通知。该通知不会立即影响公司普通股的上市交易，将继续在纳斯达克上以股票代码"CHNR"交易。