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Bullboard - Stock Discussion Forum 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... see more

TSX:KRN - Post Discussion

Karnalyte Resources Inc > Karnalyte proxy and Management circular out on SEDAR
View:
Post by mdjbrown on Nov 23, 2020 5:51pm

Karnalyte proxy and Management circular out on SEDAR

Let the games begin ........

  • Cost of Investigation for Karnalyte Shareholders: $103,000

  • Cost of Unnecessary Shareholder Meeting for Karnalyte Shareholders: $350,000

To ensure that your vote is counted at the Special Meeting of Karnalyte Shareholders, please ensure it is received well in advance of the proxy voting deadline of Friday, December 11, at 9:30 a.m. (Saskatoon time). If you require assistance voting your BLUE MANAGEMENT PROXY FORM contact info@karnalyte.com or call 306-986-1486.

Time is of the essence – Make sure your vote counts by voting today!
Comment by mdjbrown on Nov 23, 2020 7:46pm
Just noticed link did not attach to post https://www.newswire.ca/news-releases/karnalyte-resources-inc-files-management-information-circular-and-issues-letter-to-shareholders-822591883.html
Comment by AriW16o on Nov 23, 2020 11:38pm
I like very much this below statement: "Your Board and management team have also refrained from using Company resources to address relentless attacks, even when the Board and management had every justification to do so. The Board has instead directed the Company's depleted cash resources towards determining the best strategic direction for Karnalyte, an exercise aimed at maximizing value ...more  
Comment by AriW16o on Nov 23, 2020 11:43pm
I haven't received the proxy form (BLUE MANAGEMENT PROXY FORM), should I ask my broker or contact info@karnalyte.com?
Comment by mdjbrown on Nov 24, 2020 9:26am
Ari, as has been the case in previous AGMs, the timeline to register your vote is very tight with only 14 business days to recieve your proxy, and have it returned prior to 9:30 am Dec 11, 2020 I dont think ballots returned by mail would make it on time, which only leaves online voting, if your proxy information arrives on time. This gives the csg very little time to respond with their proxy ...more  
Comment by AriW16o on Nov 26, 2020 8:45am
just found out, must send request to broker so they will take care of the proxy and email in 2-3 business days.  Guys, check with your broker and they will email the proxy.
Comment by AriW16o on Nov 29, 2020 3:40am
Got my proxy by email and sent it. If last time GSFC won 80% or something like that, I bet this time over 80% (more than last time). Mrs. Danielle Favreau, our most beautiful and kindest interim CEO, we love you, we support you. XOXOXO :)
Comment by Smalliguy on Dec 03, 2020 11:36am
I refuse to invest in a company that has had such turmoil. Not that dissedent groups are bad, it happens but they go away. With this company it doesn't go away and that is what is driving share price down. Potash is not what it used to be. Its like expecting Crescent Point to be back up to $15.00 per share. Times have changed. i don't care how many shares you have. Sell. Invest in ...more  
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