CALGARY, May 30, 2013 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or
the "Corporation") (TSX: KRN) today announced that it will hold its
Annual and Special Meeting on Thursday, June 20, 2013. The meeting will
take place at the Foothills Centennial Centre, #4, 204 Community Way,
Okotoks, Alberta, T1S 2N3, at the hour of 1:00 p.m. MT.
Following the official business Karnalyte's Annual General Meeting,
President and CEO, Robin Phinney will make a presentation on the
Company at 1:15 p.m. MT. Interested parties may access the conference
call by dialing (647) 427-7450 or 1-888-231-8191. The conference call
will be archived for replay until Thursday, June 27, 2013 at midnight.
To access the archived conference call, dial (416) 849-0833 or
1-855-859-2056 and enter the reservation number 85768854 followed by
the number sign.
About Karnalyte Resources Inc.
Karnalyte is engaged in the business of exploration and development of
high quality agricultural and industrial potash and magnesium products.
Karnalyte intends to develop and extract a carnallite - sylvite mineral
deposit through a known solution mining process at competitive costs
and with minimal environmental impacts. Using a staged approached to
potash plant construction, the Corporation plans to operate a solution
mining facility that will initially produce 625,000 tonnes of potash
per year, increasing to 2.125 million tonnes of potash per year.
Karnalyte owns a 100% interest in Subsurface Permit KP 360A and
Subsurface Mineral Lease KLSA-010 located near Wynyard, Saskatchewan,
comprising a total of 85,126 acres.
SOURCE: Karnalyte Resources Inc.
For further information:
Robin Phinney, President & Chief Executive Officer
Ron Love, Executive Vice-President Finance & Chief Financial Officer
Telephone: (403) 995-6560