Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

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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

Bullboard Posts

Comment by winspear1on May 27, 2015 3:21pm

198 Views

Post# 23770800

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:old board gets a 'thank you'

Phinney has had the company back for less than a week. I am sure there are a lot of

documents go thru and payments made to outgoing individuals. I am sure planning

is going on as we speak but this will again take a bit of time.

Regards

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