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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 Aug 03, 2021 8:20pm
209 Views
Post# 33646476

RE:RE:Still appears to be interest in these lawsuits

RE:RE:Still appears to be interest in these lawsuitsPp, a really interesting read from a previous Karnalyte Resources executive’s perspective of can be found at:
 
Court File Number – 2101-00313       -    Originating Application     
Affidavit of Frank David Wheatley  -  filed January 28, 2021 at Calgary Alberta at Court of Queens Bench for Alberta
 
https://www.newswire.ca/news-releases/karnalyte-resources-inc-announces-receipt-of-originating-application-843398532.html
 
 
and:
 
Court file number – 1852 /19
Court of Queens Bench for Saskatchewan
Statement of Claim of Frank David Wheatley
 
 
 
Historical information regarding Karnalyte Resources May 28, 2018 Originating Application Court of Queens Bench file number 1801-07487 litigation against 3 shareholders can be found at:
 
https://www.canlii.org/en/ab/abqb/doc/2020/2020abqb119/2020abqb119.html?resultIndex=1
 
https://www.canlii.org/en/ab/abqb/doc/2021/2021abqb26/2021abqb26.html?autocompleteStr=karnalyte&autocompletePos=2
 
 
Court file number 1703-20972 filed at Court of Queen's Bench of Alberta by Siu Ma
https://www.pressreader.com/canada/stockwatch-daily/20171102/281775629422437
 
 
 
Court file number – 1801-09298 filed at Court of Queens Bench of Alberta in Calgary by Karnalyte Resources has not advanced to my knowledge
 
 
Once Court file number – 2001-06644 filed at Court of Queens Bench of Alberta in Calgary advances past questioning presumably taking place this fall, I will let you know when public court documents / transcripts become available.
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