Karnalyte Resources Q3 2026 net and comprehensive loss narrows
Bitget2026/11/06 22:38- Karnalyte Resources reported a third-quarter 2026 basic and diluted loss per share of $0.01, unchanged from a year earlier.
- Cash totaled $300,000 at September 30, while positive working capital stood at $800,000.
- A farmland sale completed after quarter-end generated net proceeds of $504,000 to support working capital and align land holdings with development needs.
- The company pursued short-term debt financing discussions and continued evaluating development options for its Wynyard Potash Project.
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