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Karnalyte Resources Inc. announces appointment of new President
Karnalyte Resources Inc. announces appointment of new President Canada NewsWire ...
About this update from Karnalyte Resources Inc.
[{"type":"text","content":"\n\n\n\nKarnalyte Resources Inc. announces appointment of new President\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, Feb. 5, 2018\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./\n\n\n\nSASKATOON, Feb. 5, 2018 /CNW/ - Karnalyte Resources Inc. (\"Karnalyte\" or the \"Company\") (TSX: KRN) is pleased to announce the appointment of Frank Wheatley as President of the Company, effective as of today.  The Company intends for Mr. Wheatley to become the permanent Chief Executive Officer, replacing interim Chief Executive Officer W. Todd Rowan, upon the Company arranging successful financing for its Wynyard carnallite potash project located near Wynyard, Saskatchewan.\n\nKarnalyte's interim CEO W. Todd Rowan commented \"On behalf of the Board, I am pleased to welcome Frank to the Karnalyte team after completing an extensive global executive search process. The Board is looking forward to working together with Frank in realizing the Company's bright future by successfully developing the Company's projects and creating value for all shareholders.\n\nFrank brings to Karnalyte more than 30 years of international business, financial and legal experience with Canadian public mining companies developing and operating precious, base and industrial metals mines in multiple international jurisdictions. He also brings extensive experience in strategic mergers and acquisitions, major project permitting and development, as well as debt and equity financing for large scale mining projects in the Canadian and US capital markets in accordance with all international best practice, environmental and corporate social responsibility standards.\n\nABOUT KARNALYTE RESOURCES INC.\n\nKarnalyte is a Saskatchewan-headquartered company focused on exploration and development of potash and magnesium in Saskatchewan. The Company intends to develop and extract a carnallite-sylvinite mineral deposit through a solution mining process, at a competitive cost and with minimal environmental impa...