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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Chemicals Consumer Cyclical Advertising Agencies Basic Materials
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 > Auction Sale August 20th
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Post by ErnestC1936on Aug 16, 2024 4:10pm
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Post# 36183322

Auction Sale August 20th

Auction Sale August 20th

Just noticed another Auction Sale of Assets and Equipment by Karnalyte out my way. 


Second or Third time Danielle has sold off assets to pay her salary and that of the CFO and Board. Not a good look! 

Not sure if she or the CFO have any skin in the game, not even sure anyone on the Board has any shares personally? 

Hard to pitch and promote a company you only take money from and refuse to invest in. 

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