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KRN.TO ·

Director Elections

Corporate Updates

KARNALYTE RESOURCES INC.

DIRECTOR ELECTIONS

Saskatoon, SK (CNW–May 9, 2017 ) – Karnalyte Resources Inc. (" Karnalyte" or the

"Company") (TSX: KRN), confirms that at Karnalyte's a nnual meeting of s hareholders (the

"Meeting") held on May 5, 2017, the shareholders duly passed a motion to reappoint KPMG

LLP as the Company's auditors. The shareholders also elected as directors of the Company the

following six individuals: Vishvesh Nanavaty , Sanjeev Varma, Peter Matson , W. Todd Rowan,

Gregory Szabo, and Mark Zachanowich. The following individuals were not elected as directors:

Robin L. Phinney, Robert D. Banman, and Donald A. Parfitt.

A total of 15,445,232 common shares representing 54.93% of Karnalyte's issued and outstanding

common shares were represented by shareholders present in person or by proxy at the meeting.

Detailed results of the vote for the election of directors held at the meeting are set out below:

Nominee % in favour Elected

Robin L. Phinney 45% No

Vishvesh D. Nanavaty 56% Yes

Sanjeev V. Varma 59% Yes

Robert D. Banman 49% No

Peter Matson 97% Yes

Donald A. Parfitt 46% No

W. Todd Rowan 97% Yes

Gregory Szabo 62% Yes

Mark Zachanowich 98% Yes

The Company has filed a report of the results of resolutions voted on at the Meeting on

www.sedar.com.

The elected directors wish to thank the shareholders for their participation at the Meeting.

For further information, please contact:

Karnlayte Resources Inc.

1 (306) 986-1486

[email protected]

www.karnalyte.com