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Press release from CNW Group

Karnalyte Resources Inc. to present at BMO Capital Markets' 2013 Farm to Market Conference

Thursday, May 09, 2013

Karnalyte Resources Inc. to present at BMO Capital Markets' 2013 Farm to Market Conference

07:00 EDT Thursday, May 09, 2013

CALGARY, May 9, 2013 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Corporation") (TSX: KRN) 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 the presentation will be available at http://cc.talkpoint.com/bmoc001/051413a_cy/?entity=15_0V0VMYG. It is recommended that listeners log on 15 minutes in advance of the presentation to register and download any necessary software.

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 &Chief Financial Officer
Telephone: (403) 995-6560
E-mail: info@karnalyte.com
Website: www.karnalyte.com

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