Business
Karnalyte Resources Inc. Announces 2019 Year End Results and Provides Corporate Update
Karnalyte Resources Inc. Announces 2019 Year End Results and Provides Corporate Update ...
About this update from Karnalyte Resources Inc.
[{"type":"text","content":"\n\n\n\nKarnalyte Resources Inc. Announces 2019 Year End Results and Provides Corporate Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbr1{\nBORDER-RIGHT:1pt\n}\n.prnsbt1{\nBORDER-TOP:1pt\n}\n.prnsbl1{\nBORDER-LEFT:1pt\n}\n.prnsbb1{\nBORDER-BOTTOM:1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nSASKATOON, March 23, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./\n SASKATOON, March 23, 2020 /CNW/ - Karnalyte Resources Inc. (\"Karnalyte\" or the \"Company\") (TSX: KRN) today announced its financial results and corporate highlights for the financial year ended December 31, 2019.\n\n \n \n \n \n \n \n\n \n2019 – THE YEAR IN REVIEW\nIn 2019, Karnalyte continued to make progress in investigating the economic and technical viability of its proposed nitrogen project (the \"Proteos Nitrogen Project\"). Karnalyte also continued to prepare its potash project (the \"Wynyard Potash Project\") for improvement in market conditions such that when the Wynyard Potash Project becomes economically viable, it could be advanced to the next development stage.\nPOTASH – THE WYNYARD POTASH PROJECT\nIn 2019, the Company continued its process of optimizing capital costs for the Wynyard Potash Project in order to position the Company to advance the development of this project when it becomes economically feasib...