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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. The property is situated in Saskatchewan, south of Wynyard and contains a dominant zone of potash and magnesium minerals. Its Wynyard Potash Project is a Carnallite/Sylvinite solution mining project in central Saskatchewan. It has a 100% interest in KLSA 010, KL 247A, and KL 246 mineral leases comprising approximately 367 square kilometers (km2) (90,766 acres) of mineral rights. It also owns around 4,100 acres of surface land. The project is located approximately 190 km east of Saskatoon, SK, or 176 km north of Regina, SK. It is also exploring the development of the Proteos Nitrogen Project. The Proteos Nitrogen Project is an advanced stage development project consisting of a proposed small-scale nitrogen fertilizer plant to be located in Central Saskatchewan.

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

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
1499 Miscellaneous nonmetallic minerals, except fuels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Vishvesh D.Nanavaty 58 1/1/2021 3/7/2013
Interim Chief Executive Officer DanielleFavreau 7/27/2020 12/31/2015
Interim Chief Financial Officer ChristieGradin 7/27/2020 7/27/2020
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 12/31/2023)
Stock Exchange: TSE
Fax Number: (306) 986-1486


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Friday, April 19, 2024