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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 bigkaganon Jul 26, 2022 2:01pm
237 Views
Post# 34851579

RE:RE:GSFC to invest in rights issue of Karnalyte Resources Inc

RE:RE:GSFC to invest in rights issue of Karnalyte Resources IncA few days ago I sold my Rights and then bought some regular shares for 36 cents in my self-directed account for $10 fee just to average down. Had I bought shares using RT's I would have to call my broker and he would have charged me an arm and a leg for this transaction I suspect. If Danielle and GSFC are buying shares they must know something, they wouldn't throw money on dead shares
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