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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.


TSX:KRN - Post by User

Bullboard Posts
Post by businessenseon Feb 25, 2016 12:43pm
342 Views
Post# 24594690

New Chairman & Board Meeting Occured Today

New Chairman & Board Meeting Occured Today

Gujarat State Fertilizers & Chemicals Limited has informed the Exchange that the Board of Directors at its meeting held on February 25, 2016 has appointed Shri A. M. Tiwari, IAS, Managing Director of the Company as Key Managerial Personnel of the Company vice Dr. S K Nanda, IAS (Retd.). And hence, following KMP has been authorized in terms of Regulation 30 (5) to determine materiality of an event or information and making disclosures to the Stock Exchanges: 1.Shri A M Tiwari, IAS, Managing Director; 2.Shri V D Nanavaty, Senior Vice President (Finance) & CFO; 3.Shri V V Vachhrajani, Company Secretary & Vice President (Legal).

 
Bullboard Posts