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BRIEF-Karnalyte Resources says board approved an annual budget of about $4.85 mln for 2017

March 16 Karnalyte Resources Inc

* Karnalyte resources inc. Releases financial results for the year ended 2016 and announces plans for q1 and q2 2017

* Board has approved an annual budget for 2017 of approximately $4.85 million for year Source text for Eikon: Further company coverage:

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