News

Final Closing of Private Placement

Vancouver, Canada, November 5th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) wishes to announce that further to the Company’s News Releases dated October 5th, 2009, and October 29th, 2009, the Company has now completed the previously-announced private placement financing and has issued an additional 10,714,428 flow-through units at a price Final Closing of Private Placement

Initial Closing of Private Placement

Vancouver, Canada, October 29th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) wishes to announce that further to the Company’s News Release dated October 5th, 2009, the Company has closed on an initial flow-through subscription agreement and has issued a total of 1,190,000 units at a price of $0.21/unit for proceeds Initial Closing of Private Placement

Canalaska Appoints New Chief Financial Officer

Vancouver, Canada, October 19th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) is pleased to announce Mr Joseph Bowes has joined the company as its new Chief Financial Officer (“CFO”). Mr Bowes replaces Mr Damian Towns, who has now returned to full time duties with Coro Mining Corporation and Valley High Ventures Ltd. The Company Canalaska Appoints New Chief Financial Officer

CanAlaska Uranium Details Extensive Rare Earth Mineralization at NE Wollaston

Vancouver, Canada, October 20th, 2009 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) Due to many recent enquiries regarding the potential for rare earth mineralization on the Company’s exploration projects, CanAlaska is pleased to be able to detail extensive zones of heavy and light rare earth mineralization in surface rocks and boulder trains on CanAlaska Uranium Details Extensive Rare Earth Mineralization at NE Wollaston

Non-Brokered Private Placement

Vancouver, Canada, October 5th, 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 $2,500,000. The Flow-Through Units will be issued at a price of $0.21 per unit. Each Flow-Through unit Non-Brokered Private Placement

CanAlaska Intercepts 40.4 Metres of Uranium Mineralization in Basement Rocks at Fond Du Lac

Vancouver, Canada, September 22nd, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to report assay results from its August 2009 drill program at the Fond Du Lac Project in the Athabasca Basin, Canada. The Company’s drill program of 19 holes was targeted on geophysical features which may represent the CanAlaska Intercepts 40.4 Metres of Uranium Mineralization in Basement Rocks at Fond Du Lac

CanAlaska Finds Uranium Mineralization along 2.4 km trend at West Fond Du Lac

Vancouver, Canada, September 16th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) has carried out a summer program of surface trench sampling and mapping on the western portion of the Fond Du Lac project, as well as a separate drill program on the Fond du Lac mineral deposit. Both areas contain CanAlaska Finds Uranium Mineralization along 2.4 km trend at West Fond Du Lac

CanAlaska Closes Additional Tranche of Private Placement

Vancouver, Canada, August 21st, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV, OTCBB — CVVUF, Frankfurt — DH7) (“CanAlaska” or the “Company”) is pleased to announce that it has closed an additional tranche of its non-brokered private placement previously announced in its news release of July 23, 2009, and has issued an additional 1,145,000 units CanAlaska Closes Additional Tranche of Private Placement

CanAlaska Closes First Tranche of Private Placement

Vancouver, Canada, August 18th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV, OTCBB — CVVUF, Frankfurt — DH7) (“CanAlaska” or the “Company”) is pleased to announce that it has closed the first tranche of its non-brokered private placement previously announced in its news release of July 23, 2009, and has issued a total of 4,411,764 CanAlaska Closes First Tranche of Private Placement

CanAlaska welcomes Chinese Geological Team to Poplar Uranium Project

Vancouver, Canada, August 14th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV, OTCBB — CVVUF, Frankfurt — DH7) (“CanAlaska” or the “Company”) is pleased to announce the commencement of exploration by operator East Resources Inc. at its Poplar uranium Project, situated on the northern rim of the Athabasca Basin of Saskatchewan, Canada. A team of CanAlaska welcomes Chinese Geological Team to Poplar Uranium Project

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