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Vancouver, British Columbia, June 20 2016 — CanAlaska Uranium Ltd. “the Company” (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N) (the “Company”) is pleased to announce that, subject to regulatory approval, it intends to carry out a non-brokered private placement (the “offering”) of up to 2,000,000 Units (the “Units”) at a price of $0.56 per Unit to raise gross proceeds of up … CanAlaska Arranges $1,120,000 Financing

First Drill Hole Intercepts C10 South Structure Vancouver, British Columbia, May 31, 2016 — CanAlaska Uranium Ltd. “the Company” (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N)  (“CanAlaska or the Company”) to pleased announce that the first drill hole of Cameco’s (Cameco Corporation TSX: CCO; NYSE: CCJ). year 1 program at West McArthur (the “Project”), WMA035, has successfully intersected the C10 south structure with … Cameco Plans Summer Drilling at CanAlaska’s West McArthur Project

Holds Two Large Diamond Projects North of Kimberlite Indicator Minerals Discovered in Alberta Vancouver, British Columbia, May 27, 2016 — CanAlaska Uranium Ltd. (TSX-V:CVV; OTCQB: CVVUF; Frankfurt: DH7N) ) is pleased to report that it has optioned two claim groups for diamond exploration to Fjordland Exploration Inc. (TSX-V: FEX). The two claims comprising 449 hectares and 2045 hectares respectively, … CanAlaska Options Additional Claims for Diamond Exploration in the Northwestern Athabasca

Deal covers 75 kimberlite-style targets identified by recent Saskatchewan Government airborne survey Vancouver, British Columbia, May 18, 2016 — CanAlaska Uranium Ltd. (TSX-V:CVV; OTCQB: CVVUF; Frankfurt: DH7N) ) “CanAlaska” and “Company” is pleased to report that it has entered into an Option-Participation Agreement with De Beers Canada Inc. “De Beers” for expenditures up to $20.4 million on kimberlite-style … CanAlaska enters in to $20.4 million option with De Beers for diamond exploration in the Western Athabasca

Vancouver, British Columbia, May 10, 2016 — CanAlaska Uranium Ltd. (TSX-V:CVV; OTCQB: CVVUF; Frankfurt: DH7N)  advises it has been selected to participate at the “by-invitation only” Metals Investor Forum May 14 – 15, 2016. CanAlaska president, Peter Dasler, will provide a presentation on the company’s exploration activities including an update on Cameco Corporation’s (TSX: CCO; NYSE: CCJ) drilling program at West McArthur. Also … CanAlaska Presenting at Metals Investor Forum

Vancouver, British Columbia, April 25, 2016 — CanAlaska Uranium Ltd. “the Company” (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N)  (“CanAlaska or the Company”) is pleased to announce that it has reached an Agreement to sell one of its three Waterbury claims to Cameco Corporation (TSX: CCO; NYSE: CCJ). The sales agreement for the Waterbury West claims is for cash consideration of $71,732, a commitment … Cameco Purchases Waterbury West Claim from CanAlaska Uranium

Vancouver, British Columbia, April 12, 2016 — CanAlaska Uranium Ltd. “the Company” (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N)  "the Company"  is pleased to report that it has acquired eight Metallic and Industrial Mineral Permits for kimberlites in Alberta along with three additional target areas in Saskatchewan, for a total area of 81,000 hectares (202,500 acres) as shown in the attached … CanAlaska Stakes Additional Kimberlite Properties

Vancouver, British Columbia, April 5, 2016 — CanAlaska Uranium Ltd. “the Company” (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N)  “the Company”  is pleased to report that the exploration team from Denison Mines Corp. (“Denison”) (TSX: DML, NYSE MKT: DNN) has reported intersecting 2200 cps radioactivity at the unconformity in the first drill hole on the Moon South property. The elevated radioactivity corresponds to … Drilling intersects Uranium Mineralization on CanAlaska’s Moon Claim

Cameco Commences Drilling at CanAlaska’s West McArthur Project Cameco focusing on Alteration Zone at Major Structural Break in C10 Conductor Vancouver, British Columbia, March 29, 2016 — CanAlaska Uranium Ltd. “the Company” (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N)  “the Company”  is pleased to announce that the first drill program has commenced on the West McArthur project (“Project”) under the option … Cameco Commences Drilling at CanAlaska’s West McArthur Project

Cameco can Earn 60% in $12.5 Million West McArthur Deal Drilling Anticipated this Winter Season Vancouver, British Columbia, February 18, 2016 — CanAlaska Uranium Ltd. “the Company” (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N)  “the Company”  is pleased is pleased to announce it has entered into an option agreement with Cameco Corporation (TSX: CCO; NYSE: CCJ) (“Cameco”), one of the world’s largest uranium … Cameco Options CanAlaska Property Adjacent to Read Lake Property Host to the High-Grade Fox Lake Uranium Discovery