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 > Clear message from shareholders not named GSFC

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Post by mdjbrownon Jun 30, 2021 10:34pm

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Post# 33478173

Clear message from shareholders not named GSFC

Karnalyte Resources currently has 42,174,847 shares outstanding.

GSFC controls control’s approx 16.4 million shares

Approx shares voted for GSFC reps 16.7 million shares at this years AGM.

If that is not a clear message from the majority shareholders to GSFC, I don’t know what is!

I am a little surprised at the number of Withheld votes as I would have thought Mr. Phinney / his supporters along with the CSG members would represent closer to 9 million or more shares.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle