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Karnalyte Resources Inc. Proxy Solicitation & Information Statement 2026

Apr 17, 2026

46675_rns_2026-04-17_16da20a4-7c2a-408f-b4fd-ea73ecfc38b3.pdf

Proxy Solicitation & Information Statement

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OLYMPIA TRUST COMPANY

April 17, 2026

Filed Via SEDAR

To: All Applicable Exchanges and Commissions

Dear Sirs:

Subject: Karnalyte Resources Inc. (the "Corporation")
Notice of Meeting and Record Date

We are pleased to confirm the following information with respect to the Corporation's upcoming Annual General Meeting of securityholders:

Meeting Date: June 23, 2026
Record Date for Notice: May 14, 2026
Record Date for Voting: May 14, 2026
Beneficial Ownership Determination Date: May 14, 2026
Class of Securities Entitled to Receive Notice: Common Shares
Class of Securities Entitled to Vote: Common Shares
ISIN Number: CA4856722083
Meeting Location: Saskatoon, SK
Corporation sending materials directly to NOBOs: No
Corporation to pay for delivery of materials to OBOs: Yes
Notice-and-Access for registered holders: Yes
Notice-and-Access for beneficial holders: Yes
Stratification for registered holders: No
Stratification for beneficial holders: No

In accordance with applicable securities regulations we are filing this information with you in our capacity as agent of the Corporation.

Yours truly,

OLYMPIA TRUST COMPANY

signed "Elizabeth Ardo"

Elizabeth Ardo
Associate Relationship Manager
Direct Dial: 403.668.8964

cc: CDS & Co.

Corporate & Shareholder Services
Mailing Address: PO Box 128, STN M, Calgary, AB T2P 2H6
Calgary Office: Suite 4000, 520 – 3 Avenue SW, Calgary, AB T2P 0R3
Vancouver Office: Suite 1900, 925 W. Georgia Street, Vancouver, BC V6C 3L2
Tel: 587.774.2340
Fax: 403.668.8307
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