KRN – Karnalyte Resources Inc



Karnalyte Resources Inc is Shariah compliant. The company passes all five major Shariah standards.


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Revenue Growth


Analysts' Rating


1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Karnalyte Resources Inc. is Canada- based development stage company. The Company is engaged in the exploration and development of its property and construction of a production facility and development of a potash mine. The property is located in Saskatchewan, south of Wynyard and contains a zone of potash and magnesium minerals. It is focused on two fertilizer products, potash and nitrogen, which is produced and manufactured in Saskatchewan. The Company’s Wynyard Potash project is a Carnallite/Sylvinite solution mining project in central Saskatchewan. The project is located approximately 190 kilometers east of Saskatoon, Saskatchewan. The Company has 100% interest in KLSA 010, KL 247A, and KL 246 mineral leases comprising approximately 367 square kilometers (90,766 acres) of mineral rights. It owns around 4,100 acres of surface lands. It is also exploring the development of the Proteos Nitrogen project consisting of nitrogen fertilizer plant located in central Saskatchewan.

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