Karnalyte Resources Inc.

Karnalyte Resources welcomes recent announcements by the Government of Canada and the Government of India regarding the shared commitment to enhance collaboration in the fertilizer sector and strengthen the partnership between the two nations for long-term food and agriculture security. As a Canadian potash developer, Karnalyte believes these commitments will strengthen demand for Canadian potash and support the sector's [...]

Karnalyte Resources is pleased to announce that the NI 43-101 Technical Report on the updated feasibility study for its Wynyard Project has been filed and is now available on SEDAR+. As described in more detail in the Company's press release dated Nov 26, 2025, the updated study confirms the strong fundamentals of the Wynyard Project, highlighting its long-term potential to deliver stable returns and meet growing market [...]

Positioned for stable, de-risked returns with a secured offtake agreement, positive project economics, and a projected 70-year mine life producing 142.2 million tonnes of potash and 7 million tonnes of hydromagnesite After-tax NPV of $2.04 billion Canadian dollars at an 8% discount rate and IRR of 12.5% demonstrate strong project economics Located 175 km east of Saskatoon, with direct access to infrastructure, services [...]

Karnalyte Resources announced its financial results and corporate highlights for the third quarter ended Sept 30, 2025. Q3 2025 43-101 COMPLIANT TECHNICAL REPORT During the quarter, Karnalyte continued to advance its NI 43-101 compliant technical report, which remains a key milestone in demonstrating the value of the Company's assets and advancing toward mine development. The Company remains actively engaged with its team [...]

Karnalyte Resources announced its financial results and corporate highlights for the second quarter ended June 30, 2025. Q2 2025 HIGHLIGHTS During the quarter, Karnalyte continued to advance its NI 43-101 compliant technical report, which remains a key milestone in demonstrating the value of the Company's assets and advancing toward mine development. While there have been no material changes since the last update, steady [...]

Karnalyte Resources announced today that all nominee directors listed in the management information circular dated May 26, 2025, were elected as directors of the Company at the annual and special meeting of the Company's shareholders held on June 30, 2025 in Saskatoon, Saskatchewan. At the meeting, 28,370,934 shares were voted, representing 53.24% of the Company's issued and outstanding common shares. The voting results [...]

Karnalyte Resources announced its financial results and corporate highlights for the first quarter ended March 31, 2025. The Company also announced the filing of restated financial statements and restated management discussion and analysis for the year ended Dec 31, 2024. During the quarter, Karnalyte continued to advance its NI 43-101 compliant technical report-a critical milestone toward demonstrating the value of the [...]

Karnalyte Resources announced its financial results and corporate highlights for the third quarter ended Sept 30, 2024. The Company continued to make progress on its NI 43-101 compliant technical report, a key precursor to any mine construction. In the third quarter, this included work on the equipment sourcing initiative that the Company previously announced. In pursuit of cost savings, the Company is analyzing cost [...]

Karnalyte Resources announced it will begin a review of its development strategy to evaluate the economic potential of increasing magnesium chloride production at the Company's Wynyard Project by developing the magnesium assets at the same time as the development of the potash project. "We have initiated preliminary studies to determine the economic opportunity of co-developing magnesium and potash production from the [...]

Karnalyte Resources announced its financial results and corporate highlights for the second quarter ended June 30, 2024. The Company also announced the appointment of Danielle Favreau as permanent Chief Executive Officer and Christie Gradin as permanent Chief Financial Officer of the Company. "We are very pleased to share the news of the permanent appointments of Ms. Favreau and Ms. Gradin," said Sanjeev Varma, Chair of [...]