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KARNALYTE RESOURCES ANNOUNCES MAJOR SHAREHOLDER GSFC TO PARTICIPATE IN RIGHTS OFFERING

Newswire.ca - Thu Jul 28, 2022

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

SASKATOON, SK, July 28, 2022 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX: KRN) is pleased to announce today that its strategic partner and significant shareholder, Gujarat State Fertilizers and Chemicals ("GSFC"), will participate in the Company's rights offering (the "Rights Offering"). GSFC's participation further demonstrates its ongoing commitment and support for Karnalyte and the Wynyard Potash project.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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