Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

Karnalyte Resources Inc. is a Canada-based development stage company. The Company is engaged in the exploration and development of its property and possible construction of a production facility and development of a potash mine. The property is situated in Saskatchewan, south of Wynyard and contains a dominant zone of potash and magnesium minerals. Its Wynyard Potash Project is a Carnallite/Sylvinite solution mining project in central Saskatchewan. It has a 100% interest in KLSA 010, KL 247A, and KL 246 mineral leases comprising approximately 367 square kilometers (km2) (90,766 acres) of mineral rights. It also owns around 4,100 acres of surface land. The project is located approximately 190 km east of Saskatoon, SK, or 176 km north of Regina, SK. It is also exploring the development of the Proteos Nitrogen Project. The Proteos Nitrogen Project is an advanced stage development project consisting of a proposed small-scale nitrogen fertilizer plant to be located in Central Saskatchewan.

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Karnalyte Resources Inc

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Comment by businessenseon Jul 23, 2016 1:39pm

197 Views

Post# 25078543

RE:RE:RE:RE:RE:RE:RE:question for MDJBROWN

If you spoke to Robin you would get the confirmation I obtained as a result. The others facts are all in your TR and the Circular will hopefully finally address the agreement with GSFC.

At the AGM, you can put forth all the questions you want and hopefully people will zero in on the correct ones. Might call depending on what the circular reveals or not, but not about to travel to Wynyard. With the past behind us, hopefully Robin will now have a handle on things, if not, you can all judge accordingly. The vote is expected to be about the the spin-off and financing deal if notwithstanding current potash prices they can make it all work.

10 more days and a bit more than a month will reveal what is about to unfold.

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