Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

Chemicals Consumer Cyclical Chemicals Advertising Agencies

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

Karnalyte Resources Inc > Should be interesting to see the total number

<< Previous

Bullboard Posts

Next >>

Comment by businessenseon Jun 28, 2022 10:24pm

220 Views

Post# 34789350

RE:RE:RE:RE:RE:RE:RE:Should be interesting to see the total number

Without spending too much time on it, if I followed your explanaiton that it takes 3 rights at $0.35, to buy a share. Then converting 3 rights into share would be $1.05. Agreed not $1.35.

So yeah, my brain is getting pretty numb with all this.

If I missinterprested your explanation, I will evaluate the offering when I take the time to read itl

Cheers!

<< Previous

Bullboard Posts

Next >>

Bragg’s iGaming platform drops in Brazil