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Karnalyte announces results of annual and special shareholder meeting
CALGARY , June 20, 2013 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Corporatio...
About this update from Karnalyte Resources Inc.
[{"type":"text","content":"\n\n\nCALGARY, June 20, 2013 /CNW/ - Karnalyte Resources Inc. (\"Karnalyte\" or\n the \"Corporation\") (TSX: KRN) confirms that all resolutions put to\n shareholders at Karnalyte's annual and special meeting of shareholders\n held on June 20, 2013 were duly passed.  A total of 19,494,978 common\n shares representing 70.94% of Karnalyte's issued and outstanding shares\n were voted in connection with the meeting.\n\n\nAll the nominees proposed as directors were duly elected as directors of\n Karnalyte by a majority of the votes represented at the meeting, as\n follows:\n\n\nNominee\n\n \n\nFor\n\n \n \n \n\n%\n\n \n \n \n \n \n \n \n\nRobin L. Phinney\n\n \n\n19,123,992\n\n \n \n \n\n98.5%\n\n\nRonald Love\n\n \n\n16,316,926\n\n \n \n \n\n84.0%\n\n\nBruce Townsend\n\n \n\n16,124,666\n\n \n \n \n\n83.0%\n\n\nPaul Sharpe\n\n \n\n19,203,270\n\n \n \n \n\n98.9%\n\n\nIan Brown\n\n \n\n16,113,986\n\n \n \n \n\n82.9%\n\n\nMark Wayne\n\n \n\n16,053,286\n\n \n \n \n\n82.6%\n\n\nRaymond C. Floyd\n\n \n\n19,332,025\n\n \n \n \n\n99.6%\n\n\nVishvesh D. Nanavaty\n\n \n\n19,403,431\n\n \n \n \n\n99.9%\n\n\n\n\n\nAbout Karnalyte Resources Inc.\n\n\nKarnalyte is engaged in the development of high quality agricultural and\n industrial potash and magnesium products. Karnalyte intends to develop\n and extract a carnallite - sylvite mineral deposit through a known\n solution mining process at competitive costs and with minimal\n environmental impacts. Using a staged approached to potash plant\n construction, the Corporation plans to operate a solution mining\n facility that will initially produce 625,000 tonnes of potash per year,\n increasing to 2.125 million tonnes of potash per year. Karnalyte owns a\n 100% interest in Subsurface Permit KP 360A and Subsurface Mineral Lease\n KLSA-010 located near Wynyard, Saskatchewan, comprising a total of\n 85,126 acres. \n\nSOURCE: Karnalyte Resources Inc.\n\n\n Robin Phinney, President & Chief Executive Officer Ron Love, Executive Vice-President & Chief Financial Officer Telephone: (403) 995-6560 E-mail: [email protected] Website: www.karnalyte.com Copyright CNW Group 20...