May 14 (Reuters) - Karnalyte Resources Inc KRN.TO :
* 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: ID:nCNWjKzHFa
Further company coverage: KRN.TO
((Reuters.Briefs@thomsonreuters.com;))