Jan 16 (Reuters) - Karnalyte Resources Inc KRN.TO :
* KARNALYTE RESOURCES INC. PROVIDES CORPORATE UPDATE AND OUTLINES PLANS FOR 2019
* KARNALYTE RESOURCES INC - DETERMINED TO SEEK NEW BOARD MEMBERS
* KARNALYTE RESOURCES INC - THREE CURRENT DIRECTORS, PETER MATSON, GREGORY SZABO AND MARK ZACHANOWICH, HAVE AGREED TO RESIGN EFFECTIVE IMMEDIATELY
* KARNALYTE RESOURCES INC - CONDUCTING AN INTERNAL INVESTIGATION INTO ALLEGATIONS MADE BY TWO OF RESPONDENTS IN COURT PROCEEDINGS
* KARNALYTE RESOURCES INC - EMBARKED ON A DETAILED INTERNAL REVIEW OF ITS GOVERNANCE PRACTICES
* KARNALYTE RESOURCES INC - EXPECTS TO COMPLETE UPDATE OF ITS GOVERNANCE POLICIES AND PRACTICES PRIOR TO END OF Q1 OF 2019
* KARNALYTE RESOURCES INC - EVALUATING CURRENT AND HISTORICAL GOVERNANCE PRACTICES, ITS CORPORATE GOVERNANCE GUIDELINES, AMONG OTHERS
* KARNALYTE RESOURCES INC - EXPECT TO COMPLETE INVESTIGATION OF TECHNICAL AND ECONOMIC VIABILITY OF PROTEOS NITROGEN, DURING FIRST HALF OF 2019
* KARNALYTE RESOURCES INC - GSFC CONFIRMS IT WILL SUPPORT STRUCTURING OF COST-EFFECTIVE FINANCING PACKAGE FOR DEVELOPMENT OF WYNYARD POTASH