Karnalyte Resources Inc. announces agreement in principle for approximately $700 million USD in financing for Phase 1 potash mine and spin-out of secondary mineral assets and unexplored lands

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CALGARY, March 14, 2016 /CNW/ – Karnalyte Resources Inc. (“Karnalyte” or the “Company”) (TSX: KRN) is pleased to announce that Karnalyte has entered into an agreement in principle (the…