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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 patospoweron Aug 30, 2021 5:54pm
177 Views
Post# 33785709

RE:RE:RE:Wonder where this is coming from?

RE:RE:RE:Wonder where this is coming from? One point that is weird Dan is that per paragraph 43 of Wheatley's affidavit he requested the resignation of 3 directors after an investigation which per the Jan16 2019 press release turn out to be Szabo & Matson (Zachanowich being the 3rd), two of the concerned shareholders. Is there information behind what happened there?



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