July 4, 2017

Saskatoon, SK (CNW–July 4, 2017) – Karnalyte Resources Inc. (“Karnalyte” or the “Company“) (TSX: KRN) announced today that it has received and accepted the resignation of Mr. Siu Ma, as Executive Vice-president and Chief Operating Officer of the Company, effective as of July 30, 2017.  The Company will make an announcement on plans to replace Mr. Ma as soon as such information is available.

For further information, please contact:

Karnlayte Resources Inc.

1 (306) 986-1486

info@karnalyte.com

www.karnalyte.com