Karnalyte Resources is a potash company. The Company, incorporated in 2007, is engaged in the business of exploration and development of high quality agricultural, industrial potash and magnesium products. Karnalyte’s primary objective is to become a leading low-cost producer of high quality potash using proprietary improvements to a known solution mining process, with minimal environmental impact. We plan to produce high quality, low sodium, uniformly sized granular potash pellets for the agricultural market and industrial grade potash compacted flakes.

Karnalyte Resources is uniquely positioned to achieve these objectives due to:

• strong potash industry fundamentals;
• a significant potash resource with existing infrastructure;
• low capital expenditures and operating costs;
• near-term production of 625,000 tonnes per year, with plans to expand to 2.125 million tonnes per year; and
• an opportunity for expansion of both production and resource base.

Karnalyte Resources became a publicly traded company on December 14, 2010 and is traded on the Toronto Stock Exchange (TSX) under the symbol KRN.