Brief: Chnr Announces Non-Binding Letter Of Intent To Acquire Majority Stake In Hoorii Technology, Marking Strategic Shift To Physical Ai
19/03/2026 11:59
March 19 (Reuters) - China Natural Resources Inc CHNR.O: CHNR ANNOUNCES NON-BINDING LETTER OF INTENT TO ACQUIRE MAJORITY STAKE IN HOORII TECHNOLOGY, MARKING STRATEGIC SHIFT TO PHYSICAL AI CHINA NATURAL RESOURCES INC - ACQUISITION CONSIDERATION ESTIMATED AT $37 MILLION-$40 MILLION IN CASH AND STOCK CHINA NATURAL RESOURCES INC - SIGNS NON-BINDING LOI TO BUY 59.79% STAKE IN HOORII TECHNOLOGY CHINA NATURAL RESOURCES INC - ESTABLISHES SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO EVALUATE ACQUISITION Source text: ID:nPn86Djbba Further company coverage: CHNR.O ((((Reuters.Briefs@thomsonreuters.com;));))