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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
Comment by SzaboGGon Jul 10, 2020 12:00pm
159 Views
Post# 31251970

RE:Question for the previous directors now spearheading this CS

RE:Question for the previous directors now spearheading this CSDan, I will not discuss anything in the boardroom that was done under confidentiality.  I will not expose myself to any comprise of that i ntegrity.  All I will say is that everyone had an equal right to acquire shares.   And money was supose to be directed to Nitrogen only.   This is
general knowledge.  If there were extra shares not taken anyone could opt for those extra shares. 
I will not be responding to any more questions, sorry.   I am concerned about my integrity regarding confidentiality and possible legal action.   I have made mistakes with integrity and confidentiality by accident before.  Now I am extremely careful.  

We as Concerned Share Hodlers have done everything above board to get the an independent board nomintated legally (corporate converence).  Let us see were that takes us with GSFC and Karnalyte.

Any questions on the press release should be directed to the individual mentioned in the press release who is acting as a focal point for discussion.

Regards
Greg

Bullboard Posts