Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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. It is focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. The Company owns the construction ready Wynyard Potash... see more

Bullboard (TSX:KRN)

View:
Comment by FYFTMIon Jun 29, 2022 1:46pm

RE:RE:RE:RE:Rights

still nothing
Comment by bigkaganon Jun 29, 2022 1:51am

RE:RE:RE:Rights

Touch, my bad
Comment by mdjbrownon Jun 29, 2022 12:48am

RE:RE:Rights

bk why 12pm tomorrow These Rights dont expire until July 29 at 12:00 EST Once that date comes and goes, so do any unsubscribed Rights
Comment by mdjbrownon Jun 29, 2022 12:46am

RE:RE:RE:RE:RE:RE:RE:RE:Should be interesting to see the total number

biz. it will take 3 Rights plus .35 cents to convert into 1 common share. The share price today was .45 but those paying .06 cents for each Right are essentially paying .53 cents per share of Krn if ...more  
Comment by bigkaganon Jun 28, 2022 11:09pm

RE:RE:RE:RE:RE:RE:RE:RE:Should be interesting to see the total number

Then it's much cheaper to buy one share right now for 47 cents, thank you very much. Maybe I'll set my alarm clock for 8 AM tomorrow after all, heh
Comment by bigkaganon Jun 28, 2022 10:26pm

RE:Rights

My account neither. Even calling them directly didn't help. The trading tomorrow is only until 12 PM and living on the West Coast I probably won't make it since I only wake up at that time ...more  
Comment by businessenseon Jun 28, 2022 10:24pm

RE:RE:RE:RE:RE:RE:RE:Should be interesting to see the total number

Without spending too much time on it, if I followed your explanaiton that it  takes 3 rights at $0.35, to buy a share.  Then converting 3 rights into share would be $1.05. Agreed ...more  
Comment by mdjbrownon Jun 28, 2022 7:30pm

RE:RE:RE:RE:RE:RE:Should be interesting to see the total number

Interesting math biz Please do tell how you possibly get $1.35 when the Rights have no assigned value except that 3 rights plus .35 cents equals one common share currently trading on the open market ...more  
Post by FYFTMIon Jun 28, 2022 6:44pm

Rights

Anyone have these in their trading account already? Mine did not have any and I thought it would be distributed tomorrow but there were some volumes traded today 12,500 shares. no where how that ...more  
Comment by bigkaganon Jun 28, 2022 6:21pm

RE:RE:RE:RE:RE:RE:Should be interesting to see the total number

The Rights Offering is like a call option with the 35 cents strike in case the stock goes up in the next couple of months. By then the technical update will be out and some kind of action will be ...more  
Comment by businessenseon Jun 28, 2022 6:55am

RE:RE:RE:RE:RE:Should be interesting to see the total number

Using a more factual calculation this would equate to $1.35 per common share?
Comment by mdjbrownon Jun 27, 2022 5:25pm

RE:RE:RE:RE:Should be interesting to see the total number

bk, this is not to be construed as investment advice and every investor should always consult an investment advisers advice if you are not sure, but yes, if you held 10,000 shares before the June 28 ...more  
Comment by bigkaganon Jun 27, 2022 4:38pm

RE:RE:RE:Should be interesting to see the total number

So if you have let's say 10,000 shares you get 10,000 rights and you can sell them for whatever the bid is? 
Comment by mdjbrownon Jun 27, 2022 3:34pm

RE:RE:Should be interesting to see the total number

I think trading for KRN.RT starts tomorrow, so should be interesting to see if there is any demand as shareholders who dont intend on subscribing to the Offering can sell their rights into the bid to ...more  
Comment by bigkaganon Jun 27, 2022 3:14pm

RE:Should be interesting to see the total number

I won't even touch it, not smart enough for that. Zero volume at 0 cents KRN.RT(KARNALYTE RESOURCES INC.) Real-time $0.000 ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities