May 14, 2018 / 7:03 PM / 2 months ago

BRIEF-Karnalyte Resources Reports Q1 Loss Per Share $0.03

May 14 (Reuters) - Karnalyte Resources Inc:

* KARNALYTE RESOURCES INC. OUTLINES UPDATED STRATEGIC PLAN AND ANNOUNCES 2018 FIRST QUARTER RESULTS

* KARNALYTE RESOURCES INC - INTENDS TO DIVERSIFY ITS BUSINESS INTO TWO FERTILIZER PRODUCTS - POTASH AND NITROGEN

* KARNALYTE RESOURCES INC - QTRLY LOSS PER SHARE $0.03

* KARNALYTE RESOURCES INC - IS NOW ACTIVELY EXPLORING POSSIBILITY OF DEVELOPING A SMALL-SCALE AMMONIA/UREA PLANT TO BE LOCATED IN CENTRAL SASKATCHEWAN

* KARNALYTE RESOURCES-BOARD TO ASK SHAREHOLDERS AT UPCOMING SHAREHOLDERS MEETINGS TO APPROVE CHANGE OF CO’S NAME TO “ALERE CHEMICALS & FERTILIZERS INC”

* KARNALYTE RESOURCES - IN 2018 PLANS TO CONTINUE REVIEW OF THROUGHPUT SCENARIOS, POTENTIAL COST SAVINGS IN CAPITAL, OPERATING COSTS FOR POTASH PROJECT Source text for Eikon: Further company coverage:

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