China Natural Resources Announces Non-Binding Letter Of Intent To Acquire 100% Of A Feishang Group Subsidiary For Total Consideration Of $37M To $40M

China Natural Resources (CHNR) has announced a non-binding letter of intent to acquire 100% of a subsidiary of Feishang Group for a total consideration ranging from $37 million to $40 million. The subsidiary will hold a 59.79% equity interest in HooRii Technology (HK) Limited.