/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, March 30, 2016 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) today announced its financial results and operational highlights for the year ended December 31, 2015. Robin L. Phinney, Karnalyte's founder and President, writes: Greetings Fellow Shareholders, When I founded Karnalyte in 2007 I had a [...]
Karnalyte Resources is pleased to announce that Karnalyte has entered into an agreement in principle with Gujarat State Fertilizers and Chemicals Limited to finance construction of the first phase of Karnalyte's 625,000 tonnes per year (tpy) potash mine at Wynyard, Saskatchewan, and an agreement in principle to spin-out Karnalyte's secondary mineral assets and unexplored lands into one or more separate entities. Robin L [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, March 11, 2016 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) today announced the filing of restated financial statements and restated Management's Discussion and Analysis for the three and nine months ended September 30, 2015 (the "Restatement"). In the course of preparing the Company's [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, Dec. 31, 2015 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) announces the appointment of Ms. Danielle Favreau as Karnalyte's Controller. Ms. Favreau will also be acting as Interim Chief Financial Officer of Karnalyte. Karnalyte wishes to thank Mr. Christopher Morris, who previously acted as [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, Nov. 13, 2015 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) today announced the filing of its financial results for the quarter ended September 30, 2015. Robin Phinney, Karnalyte's founder and President, provides an update to shareholders: Dear Shareholders, I am pleased to announce that during [...]
CALGARY, AB--(Marketwired - September 30, 2015) - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) wishes to clarify certain statements made in a press release (the "Braich Press Release") issued this morning on behalf of Erwin Singh Braich ("Braich") regarding a non-binding proposal (the "Proposal") that was received by the Board of Directors of Karnalyte (the "Board") on September 21, 2015. The [...]
CALGARY, AB--(Marketwired - August 12, 2015) - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) today announced filing of its financial results for the quarter ended June 30, 2015. Robin Phinney, Karnalyte's founder and President, writes: Dear Shareholders, This last year has been an exciting one for Karnalyte Resources. In 2015 shareholders witnessed competing visions for the company and voted [...]
CALGARY, ALBERTA--(Marketwired - Jul 14, 2015) - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX:KRN) announces that the Company is restarting its operations at Wynyard, Saskatchewan to develop its Carnallite project (the "Project"). Karnalyte's 2015 / 2016 Development Program Following the election of six new directors at the Company's Annual Meeting of shareholders held on June 23, 2015, the Company has [...]
CALGARY, ALBERTA--(Marketwired - Jun 23, 2015) - Karnalyte Resources Inc. ("Karnalyte" or the "Corporation") (TSX:KRN) confirms that all resolutions put to shareholders at Karnalyte's Annual Meeting of Shareholders held on June 23, 2015 were duly passed. A total of 14,371,386 common shares representing 52.3% of Karnalyte's issued and outstanding common shares were voted in connection with the meeting. All the nominees [...]
CALGARY, AB--(Marketwired - June 04, 2015) - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) today provides an update to shareholders in advance of Karnalyte's upcoming annual general meeting of shareholders to be held at the Delta Bessborough Hotel in Saskatoon at 10:00 am on June 23, 2015. Karnalyte's President, Robin Phinney, writes: "I would like to personally thank Karnalyte's shareholders for [...]
CALGARY, ALBERTA--(Marketwired - May 21, 2015) - Karnalyte Resources Inc. ("Karnalyte" or the "Corporation") (TSX:KRN) announced today that, in recognition of the number of shareholders who support the dissident group, and in order to avoid the time and expense of further litigation, its current directors (other than Mr. Vishvesh Nanavaty) have agreed to immediately resign and be replaced by five nominees of Robin Phinney [...]
CALGARY, ALBERTA--(Marketwired - May 13, 2015) - Karnalyte Resources Inc. ("Karnalyte" or the "Corporation") (TSX:KRN) today announced its financial results and operational highlights for the quarter ended March 31, 2015. As at March 31, 2015, the Company had net working capital of $37.0 million compared to $45.9 million at March 31, 2014, including $38.5 million and $45.8 million, respectively, in cash. Karnalyte's First [...]