/STATES./ SASKATOON, Dec. 15, 2017 /CNW/ - Karnalyte Resources Inc. is pleased to announce the appointment of Ms. Danielle Favreau as Chief Financial Officer. The Company also announces the grants of stock options. Karnalyte's interim CEO Todd Rowan commented "The Board and management wish to thank shareholders for their continued support as we strive to develop a strong base for the creation of shareholder value. The [...]
/Not for distribution to U.S. news wire services or dissemination in the United States./ SASKATOON, Dec. 6, 2017 /CNW/ - Karnalyte Resources Inc. announces the completion of magnesium testing by industry leading experts in mineral processing, Saskatchewan Research Council . The authors of the Company's technical report filed on SEDAR on July 15, 2016 noted that the Company's pre-feasibility study, described a process for [...]
/STATES./ SASKATOON, Nov. 14, 2017 /CNW/ - Karnalyte Resources Inc. today filed condensed unaudited interim financial statements and Management's Discussion and Analysis for the three months ended September 30, 2017 . The financial results of the Third Quarter are as follows: A decrease in general and administrative expenses of $3,903,000 from the comparative 2016 amount; A decrease in cash since June 30, 2017 of [...]
SASKATOON, Nov. 1, 2017 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) announced today that the Company has received a statement of claim filed by Mr. Siu Ma, the Company's former Chief Operating Officer, in the amount of $728,750. Mr. Ma's claim is for an alleged breach of contract for the Company's failure to provide payments to Mr. Ma after he terminated the employment agreement alleging a [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ SASKATOON, Aug. 10, 2017 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) today filed condensed unaudited interim financial statements and Management's Discussion and Analysis ("MD&A") for the six months ended June 30, 2017 (the "Second Quarter"). The financial results of the Second Quarter are as follows: A [...]
Karnalyte Resources announced today that the Company's Board of Directors has appointed Mr. W. Todd Rowan as Interim Chief Executive Officer, effective July 20, 2017. Mr. Rowan will also continue to serve as a member of the Company's Board. The Board is currently undertaking a process to appoint a new permanent Chief Executive Officer of the Company and has engaged an executive search firm to assist in the process.
SASKATOON, July 4, 2017 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) announced today that it has received and accepted the resignation of Mr. Siu Ma, as Executive Vice-president and Chief Operating Officer of the Company, effective as of July 30, 2017. The Company will make an announcement on plans to replace Mr. Ma as soon as such information is available. SOURCE [...]
SASKATOON, June 28, 2017 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) announced today that effective immediately, Mr. Robin Phinney, President, is no longer with the Company. The Company will make an announcement on plans to replace Mr. Phinney as soon as such information is available. SOURCE Karnalyte Resources Inc. Contact Karnlayte Resources Inc., 1 (306) 986-1486, info@karnalyte.com [...]
SASKATOON, May 9, 2017 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN), confirms that at Karnalyte's annual meeting of shareholders (the "Meeting") held on May 5, 2017, the shareholders duly passed a motion to reappoint KPMG LLP as the Company's auditors. The shareholders also elected as directors of the Company the following six individuals: Vishvesh Nanavaty, Sanjeev Varma, Peter Matson, W [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ SASKATOON, May 3, 2017 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) today announced the filing of unaudited interim financial statements and Management's Discussion and Analysis for the three months ended March 31, 2017 (the "First Quarter"). The financial results of the First Quarter are as follows: A [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ SASKATOON, March 16, 2017 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) today announces that Karnalyte's board of directors (the "Board") has determined the Company's plans for the first and second quarters of 2017. The Board has approved an annual budget for 2017 of approximately $4.85 million for the [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ SASKATOON, SK, Dec. 29, 2016 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) is pleased to announce the completion of the optimization program at the Company's potash mine at Wynyard, Saskatchewan (the "Optimization Program"). Optimization Background The Company's economic projections for the first phase of [...]
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