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KRN.TO ·

"Company") (TSX: KRN) announced today that effective immediately, Mr. Robin Phinney,

Corporate Updates

KARNALYTE RESOURCES INC.

Executive Change

Saskatoon, SK (CNW–June 28, 2017) – Karnalyte Resources Inc. (" Karnalyte" or the

"Company") (TSX: KRN) announced today that effective immediately, Mr. Robin Phinney,

President, is no longer with the Company. The Company will make an announcement on plans to

replace Mr. Phinney as soon as such information is available.

For further information, please contact:

Karnlayte Resources Inc.

1 (306) 986-1486

[email protected]

www.karnalyte.com