KARNALYTE RESOURCES INC. ANNOUNCES BOARD CHANGES

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[{"type":"text","content":"\n\n\nKARNALYTE RESOURCES INC. ANNOUNCES BOARD CHANGES\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\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./SASKATOON, SK, May 11, 2026 /CNW/ - Karnalyte Resources Inc. (\"Karnalyte\" or the \"Company\") (TSX: KRN) today announced changes to its Board of Directors.\n\n\n\n\n\n\n\nThe Company has accepted the resignation of Mr. Sanjeev Varma as a director and Chair of the Board of Karnalyte. Mr. Varma also resigned from his role as Executive Director at Gujarat State Fertilizers & Chemicals Limited (\"GSFC\"), Karnalyte's major shareholder and strategic partner. Mr. Varma has accepted a position as Managing Director at Indian Potash Limited.The Company thanks Mr. Varma for his valuable service and contributions to the Karnalyte Board and wishes him continued success in his new role.GSFC has nominated Dr. Pujan Vaishnav currently serving as Vice President, Research and Development at GSFC, to the Karnalyte Board. Dr. Vaishnav has more than 25 years of experience in the chemical sector and has held a variety of strategic positions within GSFC, including roles in quality, manufacturing technology and operations.  He also holds a Six Sigma Green Belt certification in process technology.The Company welcomes Dr. Vaishnav and looks forward to benefiting from his expertise as Karnalyte continues development of the Wynyard Project.In addition, the Board of Directors has unanimously approved the appointment of Mr. Dilip Pathakjee as Chair of the Board.ABOUT KARNALYTE RESOURCES INC. Karnalyte Resources Inc. is a development stage potash company. Karnalyte owns the Wynyard Project, with planned Phase 1 production of 675,000 t/a of high grade granular potash, and two subsequent phases of 750,000 t/a each, taking total production up to 2.175 million t/a. All environmental permits remain valid, preliminary detailed engineering is complete, and the existing Offtake Agreement with GSFC remains in effect. Karnalyte is also considering opportuniti...

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