March 23 (Reuters) - Karnalyte Resources Inc KRN.TO :
* KARNALYTE RESOURCES - UNCERTAINTY AROUND IMPACT OF CORONAVIRUS PANDEMIC ON ECONOMY AND CAPITAL MARKETS HAS DEEPENED COMPANY'S SENSE OF CAUTION
* KARNALYTE RESOURCES - CONTINUES TO MOVE TOWARDS WYNYARD POTASH PROJECT DEVELOPMENT, CONCLUDE PRELIMINARY INVESTIGATION OF VIABILITY OF PROTEOS NITROGEN PROJECT
* KARNALYTE RESOURCES INC - AT DECEMBER 31, 2019, CO HAD CASH OF $7.5 MILLION, A POSITIVE WORKING CAPITAL OF $7.2 MILLION, AND NO DEBT
* KARNALYTE RESOURCES INC - COMPANY HAS SUFFICIENT CASH TO MEET SHORT TERM OPERATING AND CAPITAL REQUIREMENTS
* KARNALYTE RESOURCES - FOR WYNYARD POTASH PROJECT, PLANS TO CONTINUE TO OPTIMIZE PROJECT COSTS
* KARNALYTE RESOURCES INC - FOR PROTEOS NITROGEN PROJECT, COMPANY PLANS TO COMPLETE PRE-FEASIBILITY STUDY FOR PROJECT
* KARNALYTE RESOURCES INC. ANNOUNCES 2019 YEAR END RESULTS AND PROVIDES CORPORATE UPDATE