ede40384-aac1-463e-beda-8a1a0318f17d.pdf

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.



CHINA BILLION RESOURCES LIMITED

中富資源有限公司*

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 274)


PROPOSED ADOPTION OF NEW ARTICLES OF ASSOCIATION


Reference is made to the Company's announcement dated 16 December 2015 regarding, among others, the proposed Capital Reorganisation, Open Offer, entering into the Debt Settlement Agreements and the Whitewash Waiver application ("Announcement"). Unless otherwise stated, capitalised terms used in this announcement shall bear the same meanings as those defined in the Announcement.


The Board takes an opportunity to propose resolution on adoption of new articles of association ("AA") for replacing the existing AA at the EGM in order to conform with the latest requirements of the Listing Rules and for better housekeeping purpose due to the change of name and alterations of articles of association of the Company in the past.


The proposed adoption of new AA is subject to the approval of the Shareholders by way of special resolution at an extraordinary general meeting. A circular containing, among other things, details relating to the proposed adoption of new AA will be despatched to the Shareholders as soon as possible.


Trading in the shares of the Company on the Stock Exchange has been suspended since 29 June 2011 and shall remain suspended until further notice.


By order of the Board of

China Billion Resources Limited

Long Xiaobo

Chairman


Hong Kong, 5 January 2016


As at the date of this announcement, the Board comprises seven Directors, namely,


Executive Directors:

Mr. Long Xiaobo (Chairman)

Mr. Zuo Weiqi (Chief executive officer) Mr. Chen Yi Chung

Mr. Xiao Jie

Independent non-executive Directors:

Mr. Jin Shunxing

Mr. Chiang Tsung-Nien Ms. Liu Shuang


* For identification only

China Billion Resources Limited issued this content on 2016-01-05 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-05 16:55:04 UTC

Original Document: http://www.chinabillion.net/en/doc/2016 English/e274ANN20160105-2.pdf