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 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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Karnalyte Resources Inc

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Comment by IXL1969on Mar 24, 2015 2:10pm

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Post# 23555870

RE:RE:IIROC Complaints Team 1-877-442-4322

Johnny: My guess is they know they will be on the loosing end at a the annual meeting, writing on the wall. Delaying to get deal put together to persuade share holders to stick with them. If they had blown the money, they would hand over the keys to car with out a fight. Pledge your shares, if u decide to sell before vote, u can still sell.

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