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 > summary of lawsuits

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Comment by mdjbrownon Apr 04, 2022 9:00pm

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Post# 34575213

RE:RE:RE:RE:RE:RE:RE:RE:RE:summary of lawsuits

bk, that would be great, and Karnalytes Board of Directors would likely be the ones to vote on that decision.

You might be new to this one, but it is very important to understand the make up of the current board, and one of the reasons previous directors (CSG) filed an Originating Application against Karnalyte Resources regarding same.

3 out of the 5 directors sitting on Karnalytes board are either currently under GSFC's employ, or were at one time.

60% trumps 40% every time.........................

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