News

Vancouver, Canada, January 22nd, 2008 – The management of CanAlaska Uranium Ltd. (“CanAlaska” or the “Company” CVV- TSX.V) is pleased to report the commencement of 2008 field operations on its uranium exploration projects at Cree West and at Key Lake, located in the south east of the Athabasca Basin, Canada. The projects are under separate … CanAlaska Uranium and Westcan Uranium to Commence Drilling Key Lake and Cree West Projects

Vancouver, Canada, January 10th, 2008 — CanAlaska Uranium Ltd. (CVV — TSX.V) CanAlaska’s management is pleased to report the commencement of 2008 field operations on its uranium exploration projects in Canada’s Athabasca Basin. Drilling programs are due to commence at Lake Athabasca (Johnson Island), Cree Lake and at Key Lake, following preliminary grid work. At … CanAlaska Uranium 2008 Drill Programs and Exploration Underway

Vancouver, British Columbia, Canada — December 21st, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — Further to the Company’s news release of October 12th, 2007 regarding the Cree East uranium project, CanAlaska is pleased to announce that outstanding approvals from the Korean Government and the Korean Consortium, comprising Hanwha Corporation, Korea Electric Power Corporation, Korea Resources … CanAlaska Outlines Exploration Plans For Cree East Uranium Project

Vancouver, British Columbia — November 26th, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — The Company is pleased to report on the first assay results from exploration samples on the Grease River Project. There are extensive areas of high to very high uranium in lake sediments, as well as rock samples to 1.79% uranium in surface … Grease River Project: Rock Sample and Lake Sediment Results Confirm High Uranium Mineralization

Vancouver, Canada, November 1st, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to present further assay results from early summer sampling on its NE Wollaston Uranium project, where multiple uranium zones are defined in outcrop, and from surface boulders and subcrop. In August the Company was able to report on high … New High Grade Uranium Assays from Summer Program

Vancouver, Canada, October 31st, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) The Company sadly advises its shareholders of the passing of one of its long term Directors, Mr. Bernard (Bunny) Barlin, C.Eng. Bunny was 83 and passed away peacefully overnight on October 30, 2007. Mr. Barlin, P.Eng., C.Eng., had over 50 years … Bunny Barlin, C.Eng, (1924-2007)

Vancouver, Canada, October 31st, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is very pleased to announce the appointment of Mr. Jean Luc Roy to its board of Directors and the completion of a CDN$6,500,000 private placement. Mr. Jean Luc Roy has over 20 years experience in the Mining Industry. The majority of … New Director Jean Luc Roy, MBA. Appointed $6,500,000 Non-brokered Private Placement Completed

Vancouver, British Columbia, Canada — October 12th, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) (“CanAlaska”) — Further to the Company’s July 31st, 2007 press release, CanAlaska is pleased to announce the execution of definitive agreements for investment by a Korean Consortium led by Hanwha Corporation (“Hanwha”) towards uranium exploration of CanAlaska’s Cree East Project, located in the … Korean Consortium Execute $19 Million Investment in Cree East Uranium Project

Vancouver, Canada — October 3, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — The Company and Mega Uranium Ltd. (TSX : MGA) (“Mega”) are pleased to report that they have entered into an agreement to undertake uranium exploration on CanAlaska’s 100%-owned Poplar uranium project. The Poplar Project is situated along the Northern rim of Canada’s Athabasca … CanAlaska and Mega Uranium Sign $8 Million Agreement to Explore Poplar Uranium Project

Vancouver, Canada, September 28th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) announces a non-brokered private placement of non-flow-through units (the “NFT Units”) at a purchase price of $0.38 per NFT Unit and flow-through units (the “FT Units”) at a purchase price of $0.47 per FT Unit for gross proceeds of up to … Non-brokered Private Placement