News

Change in Auditor

Vancouver, Canada, February 23rd, 2010 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) announces that it has changed its auditor from James Stafford, Inc., Chartered Accountants (“Former Auditor”), to Deloitte & Touche LLP, Chartered Accountants (“Successor Auditor”). At the request of the Company, the Former Auditor resigned on February 3, 2010. The Change in Auditor

CanAlaska Uranium and Mitsubishi Initiate Winter Exploration on 50:50 Joint Venture

Vancouver, Canada, February 15th, 2010 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to announce that as at February 12th, 2010, MC Resources Canada Ltd., a wholly–owned subsidiary of Mitsubishi Corporation, completed the Cdn$11 million investment specified under the project’s option agreement and formally earned a 50% ownership interest in CanAlaska Uranium and Mitsubishi Initiate Winter Exploration on 50:50 Joint Venture

CanAlaska Uranium and Kodiak Start Drilling at McTavish Uranium Project

Vancouver, Canada, January 29th, 2010 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to announce that Kodiak Exploration Limited (KXL — TSX.V) (“Kodiak”) has commenced their initial drill program on the McTavish uranium project (“Project”), situated in the prolific Athabasca Basin of northern Saskatchewan. Kodiak has been granted an option CanAlaska Uranium and Kodiak Start Drilling at McTavish Uranium Project

CanAlaska Uranium Commences Winter Drilling Program at the Cree East project

Vancouver, Canada, January 27th, 2010 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to announce that the Company has commenced exploration on its Cree East uranium project in the Athabasca Basin, Saskatchewan, Canada. The Cree East project is funded under a joint venture with the Company’s Korean strategic partners, comprising CanAlaska Uranium Commences Winter Drilling Program at the Cree East project

CanAlaska Uranium Executes Drill Contract for 2010 Exploration

Vancouver, Canada, January 8th, 2010 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to report the signing of the first diamond drill contract for the start of the 2010 exploration season for its uranium exploration projects in the Athabasca Basin, Saskatchewan , Canada. The Company has executed the first contract CanAlaska Uranium Executes Drill Contract for 2010 Exploration

Final closing of Private Placement

Vancouver, Canada, December 22nd, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) wishes to announce that, further to the Company’s News Releases dated November 17th and December 4th, 2009 the Company has completed its private placement and has closed on an additional tranche of subscription agreements totalling 1,496,300 Flow-Through Units and Final closing of Private Placement

Initial Closing of Private Placement

Vancouver, Canada, December 4th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) wishes to announce that, further to the Company’s News Release dated November 17th, 2009, the Company has closed on an initial flow-through subscription agreement and has issued a total of 2,380,000 units at a price of $0.21/unit for proceeds Initial Closing of Private Placement

CanAlaska Uranium Outlines 2010 Exploration Plans

Vancouver, Canada, November 30th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to provide an update of current and proposed exploration activities for 2009-2010 for its uranium exploration projects in the Athabasca Basin, Saskatchewan, Canada. 2009 – $6.8 million Exploration Undertaken In 2009, CanAlaska carried out $6.8 million of CanAlaska Uranium Outlines 2010 Exploration Plans

CanAlaska Acquires Cluff Lake Uranium Project

Vancouver, Canada, November 27th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to announce the acquisition of the Cluff Lake project data and mineral claims (“Project”), located in the Western Athabasca Basin, from Hawk Uranium Inc. (TSX.V — HUI) (“Hawk”). CanAlaska will purchase 100% of the project from Hawk CanAlaska Acquires Cluff Lake Uranium Project

Non-brokered Private Placement

Vancouver, Canada, November 17th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) wishes to announce the combination of a non-brokered Flow-Through Unit private placement and a non-brokered Ordinary Unit private placement for up to $3,000,000. The Flow-Through Units will be issued at a price of $0.21 per unit. Each Flow-Through unit Non-brokered Private Placement

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