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Bullboard - Stock Discussion Forum 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... see more

TSX:KRN - Post Discussion

Karnalyte Resources Inc > holy sheeeet
View:
Post by Chefboy69 on May 01, 2022 9:34am

holy sheeeet

I have been watching this company for 3 years and never took a dive...Thank god

Maybe Glencore should come and snatch this massive carnallite deposit up...
The current Management are a bunch of criminals

so sad...but crazy interesting article that is now all over Canada and the USA
Comment by mdjbrown on May 01, 2022 10:41am
C69,  This upcoming AGM is going to be very interesting, as it is imperative that shareholders are told the truth, and those responsible for the troubling events that took place back in 2018 are held accountable to the highest degree. It seems every month something incriminating is uncovered, so it is about time shareholders learn what really happened, and there is no better time than the ...more  
Comment by Trade33right on May 01, 2022 1:23pm
I guess I missed it but I didn't see when the 2022 annual meeting is.  Please advise.
Comment by mdjbrown on May 01, 2022 1:51pm
Karnalyte Resources Inc Subject: Notice of Meeting and Record Date   We are pleased to confirm the following information with respect to the Corporation's upcoming Annual General & Special Meeting of securityholders: June 21, 2022. Meeting Date: June 21, 2022 Meeting Location: Saskatoon, SK   Filed Via SEDAR
Comment by Trade33right on May 01, 2022 1:55pm
Thank you.... see you there 
Comment by mdjbrown on May 01, 2022 2:16pm
You are welcome T33, and I hope the room is packed with curious shareholders, as the owners of the corporation deserve answers regarding so many things including the: Events leading into the 2018 AGM Allegations brought forward by the Toronto Star Millions spent to date on previous lawsuits / court orders / settlements Outstanding lawsuits still in the que Rights Offering ...more  
Comment by bigkagan on May 01, 2022 2:45pm
I thought AGM would be in Vancouver in one of those dilapidated buildings on Hastings Street
Comment by bigkagan on May 03, 2022 2:33pm
In the upcoming AGM it will be incumbent upon the shareholders to restore the default configuration of the BOD with 3 Canadian and 2 Gujarat board members and then proceed with the financing of the mine
Comment by mdjbrown on May 03, 2022 6:24pm
And therein lies the conundrum bk, as that very requisition could be put to a shareholder vote, and GSFC will carry that or any other vote as they hold almost 40% of the outstanding shares. When considering an 80% shareholder turn out would be a historical event, it will difficult to obtain a majority approval to restore a default as you state.  More importantly, shareholders need to find ...more  
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