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.

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Karnalyte Resources Inc > Independent Investigation

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Comment by Trade33righton Sep 01, 2021 2:14pm

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Post# 33795305

RE:RE:RE:RE:RE:Independent Investigation

Being facetious Pat

if you have been a shareholder since the beginning you will know the commission stopped our application publicly to make it appear we were pulling another Bre-x. After looking at the KRN story they forced us to make an insignificant change to our application and quietly gave it the OK. Meanwhile the bank financing was pulled and share price has declined since.

They reacted then to 'protect' the shareholders, where are they now?

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