Karnalyte Resources today announced that it has entered into an engagement letter pursuant to which it has engaged BNP Paribas and Natixis, New York Branch, on an exclusive basis, to act as lead arrangers for a senior secured project finance facility of up to US$300 million. The purpose of the Facility is to fund the construction and commissioning [...]
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 [...]
CALGARY, May 13, 2013 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Corporation") (TSX: KRN) today announced its financial results and operational highlights for the quarter ended March 31, 2013."Karnalyte executed on two key elements of its growth strategy in the first quarter by receiving Environmental Impact Statement approval for the [...]
Karnalyte today announced that Robin Phinney, President and CEO, and Ron Love, Executive Vice-President and CFO, will present at BMO Capital Markets' 2013 Farm to Market Conference on Tuesday, May 14th, 2013 at 2:30 p.m. EDT. The conference takes place from May 14th to May 15th at the Grand Hyatt in New York, NY. Both the live and replay webcast of [...]
Karnalyte Resources today announced its financial results and operational highlights for the year ended December 31, 2012. "In 2012, Karnalyte focused on initial site preparation and detailed engineering activities, as well as preparing the Wynyard Carnallite Project's Environmental Impact Statement (EIS) for submission to the Saskatchewan Ministry [...]
Karnalyte Resources and Gujarat State Fertilizers & Chemicals today announced that they have closed their previously announced non-brokered Private Placement. Karnalyte has issued GSFC approximately 5,490,000 common shares of Karnalyte at a price of $8.15 per common share for total gross proceeds of approximately $44.7 million. GSFC now holds a [...]
Karnalyte today announced that the Saskatchewan Ministry of Environment has approved the Environmental Impact Statement for Karnalyte's Wynyard Carnallite Project. "EIS approval is essential to the advancement of the Wynyard Carnallite Project, and was a condition of the $45 million strategic investment by GSFC," said Robin Phinney, President and [...]
Karnalyte and Gujarat State Fertilizers & Chemicals announced today that: GSFC will make a strategic investment of approximately $45 million in Karnalyte at a price of $8.15 per common share of Karnalyte, which will result in GSFC holding a 19.98% ownership stake in Karnalyte; and
Karnalyte today announced that the Saskatchewan Ministry of Environment is in the process of scheduling a public review period to consider Karnalyte's Wynyard Carnallite Project Environmental Impact Statement. "The Saskatchewan Ministry of Environment has completed its technical review of the Project's Environmental Impact Statement and is [...]