Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

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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 > Couple of Director purchases days before Rights deadline

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Comment by businessenseon Jul 16, 2022 12:04pm

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Post# 34829035

RE:RE:RE:RE:RE:RE:RE:Couple of Director purchases days before Rights deadline

I did not see an amount of shared from the other 2 directors in the earlier post?

For Favreau, since she did not own shares she would have purchased 90,000 Rights, which would indicate she intends to purchase 30,000 shares.

Not a lot but sounds about right?

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