CALGARY, June 28, 2012 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or
the "Corporation") (TSX: KRN) today announced that it will host a
conference call for its annual general meeting on June 28, 2012 at 1:15
p.m. Mountain Time.
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. Interested parties may access the conference call
by dialling (647) 427-7450 or 1-888-231-8191. The conference call will
be archived for replay until Thursday, July 12, 2012 at midnight. To
access the archived conference call, dial (416) 849-0833 or
1-855-859-2056 and enter the reservation number 96545322 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 impact. 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, Chief Financial Officer & Vice-President Finance
Telephone: (403) 995-6560