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Karnalyte Resources Inc
Suite 1201, 409 3rd Avenue S
Phone: (306) 986-1486p:306 986-1486 SASKATOON, SK  S7K 5R5  Canada Ticker: KRNKRN
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
1499 Miscellaneous nonmetallic minerals, except fuels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Interim Chief Executive Officer DanielleFavreau 7/27/2020 12/31/2015
Interim Chief Financial Officer ChristieGradin 7/27/2020 7/27/2020
Independent Director D.C.Anjari 8/9/2019 8/9/2019
3 additional Officers and Directors records available in full report.

General Information
Number of Employees: 1 (As of 12/31/2023)
Outstanding Shares: 53,283,000 (As of 9/30/2024)
Stock Exchange: TSE
Fax Number: (306) 986-1486


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Friday, November 22, 2024