Business
Karnalyte Resources Inc. announces appointment of CFO and grants of stock options
Karnalyte Resources Inc. announces appointment of CFO and grants of stock options ...
About this update from Karnalyte Resources Inc.
[{"type":"text","content":"\n\n\n\nKarnalyte Resources Inc. announces appointment of CFO and grants of stock options\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nSASKATOON, Dec. 15, 2017\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./\n\n\n\nSASKATOON, Dec. 15, 2017 /CNW/ - Karnalyte Resources Inc. (\"Karnalyte\" or the \"Company\") (TSX: KRN) is pleased to announce the appointment of Ms. Danielle Favreau as Chief Financial Officer. The Company also announces the grants of stock options.\n\nKarnalyte'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 appointment of Ms. Favreau represents an important step in the creation of a strong and stable management team at Karnalyte. In addition to the appointment of Ms. Favreau, the Board continues to work with a professional firm in search of a Chief Executive Officer. We are confident that this process will culminate in a strong leadership team to take Karnalyte forward. In addition to building the team, Karnalyte has been working diligently to optimize the capital and operating costs of the Wynyard Carnallite Project. Our goals remain steadfast and although potash fundamentals have changed in recent years, we along with our strategic partner, Gujarat State Fertilizers & Chemicals Ltd., are working extremely hard to develop the Wynyard Carnallite Project.\"\n\nMs. Favreau has been with Karnalyte since the fall of 2015 first joining as the Company's Controller and later appointed as the Company's Interim Chief Financial Officer. Prior to joining Karnalyte, Danielle served in senior roles in both audit and human resources at Virtus Group LLP, the largest independently owned accounting firm in Saskatchewan. She also served as Controller at Great Western Minerals Group and served many mining clients with Deloitte in Saskatoon, Saskatchewan. Ms. Favreau attended the University of Saskatchewan where she obt...