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

Karnalyte Resources Inc

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Comment by beaverbuckson Jun 08, 2018 2:02am

124 Views

Post# 28144194

RE:New Concerned Shareholder Group

AllAirKRN wrote: ... These guys will always have their 7.1 million (Management + GSFC) but next time.....

hotAirKRN, Guess what? Yes thats right.... they can always reward themselves up tp 10% of outstanding shares in options!! Yes thats right... You Lose! ...by default!

Grab a brain and Go to Pot! ...Fricken airBag!

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