- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Karnalyte Resources: Final Short Form Base Shelf Prospectus Filed
Karnalyte Resources Inc. (TSX:KRN), a Canadian company focused on exploration and the development of potash and magnesium products, announced that on October 19 it filed its final short form base shelf prospectus with securities commissions in all of Canada’s provinces except Quebec.
Karnalyte Resources Inc. (TSX:KRN), a Canadian company focused on exploration and the development of potash and magnesium products, announced that on October 19 it filed its final short form base shelf prospectus with securities commissions in all of Canada’s provinces except Quebec.
As quoted in the press release:
This Prospectus will, subject to securities regulatory requirements, allow the Corporation to make offerings of common shares, units, preferred shares in series and notes or other types of unsecured debt securities (collectively, the “Securities”) up to an aggregate offering price of $350 million during the 25-month period that the Prospectus, including any amendments thereto, remains effective. The Securities may be offered at prices and on terms to be determined based on market conditions at the time of sale and set forth in an accompanying shelf prospectus supplement or in certain cases, an accompanying pricing supplement.
Unless otherwise specified in a prospectus supplement, the net proceeds from the sale of the Securities will be used to fund the development of Karnalyte’s Wynyard Carnallite project.
Click here to read the full Karnalyte Resources Inc. (TSX:KRN) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.