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Bullboard - Stock Discussion Forum
Karnalyte Resources Inc
T.KRN
Alternate Symbol(s):
KRLTF
Chemicals
Consumer Cyclical
Advertising Agencies
Basic Materials
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...
Project, with planned phase I production of 625,000 tonnes per year (TPY) of high-grade granular potash, and two subsequent phases of 750,000 TPY each, taking total production up to 2.125 million TPY. The Company is also exploring the development of the Proteos Nitrogen Project, which is a proposed small scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day (MTPD) of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.
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Bullboard (TSX:KRN)
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(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jun 24, 2022 1:47pm
RE:RE:RE:RE:RE:RE:RE:Annual Meeting
Huge difference between reality and whining T33, and you have been closer to the realty line, in your comments. Reality is, regardless of persuing the KCl or the Mag, hundreds of millions are
...more
(4)
•••
Trade33right
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Comment by
Trade33right
on Jun 24, 2022 1:16pm
RE:RE:RE:RE:RE:RE:Annual Meeting
Big This is the second time you have had to tell me to quit whining... I still have shares and I agree with your positive assessment of the Mg. I will try to ignore the past. Whining doesn't help
...more
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jun 24, 2022 12:15pm
RE:RE:RE:RE:RE:RE:Annual Meeting
bk, it is impossible to move forward if heavy baggage from the past is still holding you back. The mag project still requires a gas line that will take 2 years to build and tens of millions of
...more
(2)
•••
FYFTMI
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Comment by
FYFTMI
on Jun 24, 2022 12:08pm
RE:RE:Rights Offering
to be the holder record on 28th, you would have to buy in today don't miss it if that's what you intend to do.
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jun 24, 2022 12:01pm
RE:Rights Offering
FYF, there may be some confussion as the Circular states The Company is issuing transferable rights (“Rights”) to the holders (“Shareholders”) of our outstanding Common Shares of record at the close
...more
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jun 24, 2022 11:59am
RE:RE:RE:RE:RE:Annual Meeting
FYF, I forgot to mention, the $1.7 mil came from page 4 of the Right Offering Circular USE OF AVAILABLE FUNDS What will our available funds be upon the closing of the rights offering? The
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(2)
•••
FYFTMI
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Post by
FYFTMI
on Jun 24, 2022 11:53am
Rights Offering
Last day is today
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jun 24, 2022 12:46am
RE:RE:RE:RE:RE:Annual Meeting
FYF, These rights will trade on the open market just like they did the last go round Find it interesting that there is an Additional Subscription Privilege - What is the Additional
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(62)
•••
bigkagan
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Comment by
bigkagan
on Jun 23, 2022 6:11pm
RE:RE:RE:RE:RE:Annual Meeting
Whatever happened happened. We have to look to the future and I like their magnesium prospects. According to the bankable feasibility study they'll produce 100,000 tons/year each of MgCl2 and
...more
(4)
•••
Trade33right
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Comment by
Trade33right
on Jun 23, 2022 1:23pm
RE:RE:RE:RE:Annual Meeting
What ever happened to the voting irregularities and the commission insuring that no shareholders were harmed. Are we just supposed to forget it ever happened?
(2)
•••
FYFTMI
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Comment by
FYFTMI
on Jun 23, 2022 1:07pm
RE:RE:RE:RE:Annual Meeting
Where did you get 1.7 mil from? Rights Offering is essentially an option grant to current shareholders. Last day to buy in is not 28 as the other poster might have hoped, it's tomorrow.
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jun 23, 2022 8:49am
RE:RE:RE:Annual Meeting
bk, it is ironic that the total amount raised if fully subscribed is approx $1.7 million dollars as that number appeared in the last Rights Offering and Decommissioning liability amounts. Pure
...more
(62)
•••
bigkagan
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Comment by
bigkagan
on Jun 23, 2022 12:38am
RE:RE:Annual Meeting
I may buy some shares for 35 cents just to average down, depending what happens to the stock meanwhile. If it goes up after tomorrow, I'll definitely buy more stock on June 28. She says that the
...more
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Jun 23, 2022 12:17am
RE:Annual Meeting
pp, I guess shareholders had no questions that met the predetermined criteria set out by the corporation as stated in the proxy And unfortunately, it would appear shareholder interest is
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jun 22, 2022 8:39pm
New Press Release - KARNALYTE RESOURCES ANNOUNCES CORPORATE UPDATE, PREPARATION OF ESG STRATEGY, AND LAUNCH OF RIGHTS OFFERING
Not for distribution to U.S. news wire services or dissemination in the United States.SASKATOON, SK, June 22, 2022 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN), is pleased to announce today a number of updates on initiatives to enhance business operations, raise...
read article.
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