News

Vancouver, Canada, September 26th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) announces that further to its news release of September 13, 2007, the Company has now completed its non-brokered flow-through private placement and has issued 1,111,111 units at a purchase price of $0.45 per flow-through unit for gross proceeds of $500,000. Each … Non-Brokered Private Placement Completed

Vancouver, British Columbia — Sept. 19, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — The Company is pleased to report on the completion of detailed airborne surveys in the Grease River area, as well as an initial two and half months of ground exploration on the project following an accelerated commitment of $1.3 M to summer … CanAlaska, Uranium Prospects, and Yellowcake: Grease River Uranium Project Summary of Summer Work And Preliminary Results

Vancouver, Canada, September 13th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) announces a non-brokered flow-through unit private placement of up to 1,111,111 units at a purchase price of $0.45 per flow-through unit for gross proceeds of up to $500,000. Each flow-through unit will consist of one flow-through common share and one-half of … Non-brokered Private Placement

Vancouver, Canada, August 30th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) ) (the “Company”) is pleased to report drill assay results for February-June drilling at the West McArthur project, currently under option to Mitsubishi Development Pty Ltd. Five holes for a total of 4,948 metres were drilled in 2007. West McArthur project; Mitsubishi Option … CanAlaska’s West McArthur Project Hole #10 Intersects 0.29% U3O8

Vancouver, Canada, August 23rd, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to report the results from early season field work on its NE Wollaston Uranium project, where a new style of high grade uranium-rare earth mineralization has been discovered. The mineralization is from a near surface target within the prolifically … CanAlaska’s New High Grade Uranium-Rare Earth Target in Manitoba

Vancouver, Canada, August 21st, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to report assays and further drill information from winter-early summer drill programs at Stewart Island in the Athabasca Basin. Stewart Island Drill program: 100% CanAlaska The Company commenced drilling shallow unconformity targets on the Lake Athabasca project south of … Perched Uranium Mineralization at Stewart Island

Vancouver, British Columbia, Canada — July 31st, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) (“CanAlaska”) — The Company is pleased to announce further details for the Cree East uranium exploration project further to the its June 25th, 2007 press release. As outlined in the original Memorandum of Understanding between CanAlaska and Hanwha Corporation (“Hanwha”), Hanwha will … Korean Consortium Finalizing Investment in Cree East Project

Vancouver, Canada, July 9th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to report the commencement of summer drilling on the Company’s 100% owned Helmer Lake Project, located 25 km west of Fond Du Lac and the Fond Du Lac uranium deposit on the northern rim of the Athabasca Basin, Saskatchewan. … New Uranium Drill Program Underway at Helmer Lake

Vancouver, British Columbia, Canada — June 28th, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — CanAlaska is pleased to announce the formation of a new Advisory Board, the appointment of a new member to its Board of Directors, and a new officer appointment to the Company. As the Company moves forward towards the realization of its … CanAlaska Forms New Advisory Board and Appoints New Board Director and V.P. Exploration

Vancouver, British Columbia, Canada — June 25th, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — Further to the Company’s May 7th, 2007 press release regarding the signing of an Memorandum Of Understanding for uranium exploration of CanAlaska’s Cree East Project in conjunction with a Korean Consortium led by Hanwha Corporation, CanAlaska is pleased to announce further … CanAlaska Progresses Exploration Venture with Korean Consortium