News

Vancouver, Canada, November 30th, 2011 – CanAlaska Uranium Ltd. (TSX — CVV) (“CanAlaska” or the “Company”) is pleased to report the approval by the joint venture partners of the Cree East uranium project of a $3,121,799 Winter 2012 exploration program, comprising ground geophysics and 7,650 metres of diamond drilling. The Cree East Project, located in … CDN$3.1 MILLION WINTER DRILL PROGRAM APPROVED AT CREE EAST URANIUM PROJECT

Vancouver, Canada, November 15th, 2011 – CanAlaska Uranium Ltd. (TSX — CVV) (“CanAlaska” or the “Company”) is pleased to report the results of an extensive program of surface geophysical moving loop TDEM and DC Resistivity surveys carried out on the West McArthur project through 2011 winter and summer. The Cdn$2.4 million program has delineated several … Latest Geophysics Define New Drill Targets at West McArthur Uranium Project

Vancouver, Canada, October 12th, 2011 – CanAlaska Uranium Ltd. (TSX — CVV) (“CanAlaska” or the “Company”) Due to adverse market conditions, the Company, together with Secutor Capital Management Corporation and Industrial Alliance Securities Corporation (together, the “Agents”) have agreed to cancel the proposed brokered private placement which was announced on September 16th, 2011 for up … Previously Announced $2,173,500 Brokered Financing Cancelled

Toronto, Canada, September 29th, 2011 – CanAlaska Uranium Ltd. (TSX — CVV) (“CanAlaska” or the “Company”) had the pleasure of opening trading on the Toronto Stock Exchange (“TSX”) market yesterday in recognition of the Company’s graduation to a listing on the TSX. Peter Dasler commented that “this significant event in the Company’s development was achieved … CANALASKA URANIUM OPENS THE TSX AND ANNOUNCES RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

Vancouver, Canada, September 16th, 2011 – CanAlaska Uranium Ltd. (TSX — CVV) (“CanAlaska” or the “Company”) has arranged with Secutor Capital Management Corporation and Industrial Alliance Securities Corporation (together, the “Agents”) for a brokered private placement for up to 3,150,000 units (the “Units”) at a price of $0.69 per Unit for gross proceeds of up … CanAlaska Uranium Announces $2,173,500 Brokered Financing

Vancouver, Canada, August 30th, 2011 – CanAlaska Uranium Ltd. (TSX — CVV) (“CanAlaska” or the “Company”) is pleased to report the results from this winter’s truncated drilling program on the Cree East project. Operations were shut down prematurely in February, 2011 due to a fatal accident involving a member of the drill contractor’s crew. CanAlaska’s … Update on Drilling at Cree East Uranium Project

Vancouver, Canada, July25th, 2011 – CanAlaska Uranium Ltd. (TSX — CVV) (“CanAlaska” or the “Company”) is pleased to announce the completion of two airborne ZTEM geophysical surveys on its wholly-owned Hodgson and Carswell projects in the Athabasca Basin, Saskatchewan. The newly-developed ZTEM surveys provide a new dimension for surveying electromagnetic targets, and as expected, provide … CanAlaska Uranium Identifies Multiple Conductors from Ztem Airborne Geophysics Surveys

Vancouver, Canada, June 23rd, 2011 – CanAlaska Uranium Ltd. (TSX — CVV) (“CanAlaska” or the “Company”) is pleased to report on results from its 2011 Phase One reverse circulation (“RC”) and initial diamond core drilling program on the Fond du Lac Project, located on the north rim of the Athabasca Basin. The exploration identified additional … CanAlaska Uranium Completes First Phase Fond Du Lac Drill Program

Vancouver, Canada, June 13th, 2011 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to announce the commencement of two airborne ZTEM geophysical surveys, and one ground geophysical resistivity survey on its wholly-owned and joint-ventured projects in the Athabasca Basin, Saskatchewan. The ZTEM surveys provide a new dimension for surveying electromagnetic … CanAlaska Uranium Commences Summer Geophysics

Vancouver, Canada, June 9th, 2011 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to announce that its common shares will be listed and commence trading on the Toronto Stock Exchange (“TSX”) within the next two weeks. The company’s current trading symbol, CVV, will remain unchanged. “This graduation to the senior … CanAlaska Uranium to List on Toronto Stock Exchange (TSX)