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    KRN — Karnalyte Resources News Story

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    Brief: Karnalyte Resources Announces 2020 Third Quarter Results

    Picture of Karnalyte Resources logoKarnalyte Resources
    06/11/2020 03:34
    Nov 5 (Reuters) - Karnalyte Resources Inc  KRN.TO :
    * . ANNOUNCES 2020 THIRD QUARTER RESULTS
    * KARNALYTE RESOURCES - AT SEPTEMBER 30, 2020, COMPANY HAD
CASH OF
$5.9 MILLION AND POSITIVE NET WORKING CAPITAL OF $5.3 MILLION
AND NO DEBT
    * KARNALYTE RESOURCES - CO HAS ADEQUATE CASH TO FUND ANY
EXISTING
COMMITMENTS IN 2020 AS WELL AS TO MEET SHORT TERM OPERATING AND
CAPITAL REQUIREMENTS
    * QTRLY BASIC AND DILUTED PER SHARE LOSS $0.02

Source text for Eikon:  ID:nCNWqH5GBa 
Further company coverage:  KRN.TO 

 ((Reuters.Briefs@thomsonreuters.com;))

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