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Press release from CNW Group

Karnalyte Resources Inc. to host Annual General Meeting conference call on June 28, 2012 at 1:15 PM mountain time

Thursday, June 28, 2012

Karnalyte Resources Inc. to host Annual General Meeting conference call on June 28, 2012 at 1:15 PM mountain time11:01 EDT Thursday, June 28, 2012CALGARY, 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.For further information: Robin Phinney, President & Chief Executive Officer Ron Love, Chief Financial Officer & Vice-President Finance Telephone: (403) 995-6560 E-mail: info@karnalyte.com Website: www.karnalyte.com