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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

Comment by mdjbrownon Oct 28, 2020 11:41pm
136 Views
Post# 31801134

RE:RE:RE:RE:RE:RE:RE:RE:Interesting

RE:RE:RE:RE:RE:RE:RE:RE:Interesting HM, the corporation announced in the most recent press release:

"The investigation process was identical to the process used in January 2019,"

The law firm representing Karnalyte Resources during the Originating Application process conducted that investigation to my knowledge, but that particular investigation started much earlier than January 2019, so who knows.




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