News

Vancouver, British Columbia — June 22nd, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) — The Company is pleased to report the commencement of detailed airborne surveys on the Grease River uranium exploration project, located adjacent to the northern edge of the Athabasca Basin as well as an accelerated commitment of $1.3 M towards the conduct of … CanAlaska and Yellowcake Accelerate Uranium Exploration at Grease River

Vancouver, British Columbia — June 13, 2007: CanAlaska Uranium Ltd. (CVV — TSX.V, CVVUF — OTCBB, DH7 — Frankfurt) — Harry Barr and The Board of Directors (the “Board”) of CanAlaska Uranium Ltd. (the “Company”) have announced that effective immediately, Harry Barr has elected to step down as Chairman of the Board of CanAlaska Uranium … Harry Barr to step down as Chairman of CanAlaska Uranium Ltd., Barr to Focus Efforts on other International Metals Group Companies

Vancouver, British Columbia — June 12, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) – The Board of Directors (the “Board”) of CanAlaska Uranium Ltd. (“the Company”) has voted to adopt a shareholder rights plan (the “Rights Plan”). The Rights Plan is being adopted in order to reflect developments in Canada with respect to shareholder rights plans … CanAlaska Adopts Shareholders Rights Plan

Vancouver, Canada, June 11th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to announce the appointment of Mr. Tom Lewis, P. Eng, as Regional Operations Manager in charge of operations and exploration at CanAlaska’s new regional office in Saskatoon. CanAlaska currently has over 90 staff working on field operations in Alberta, … CanAlaska’s New Saskatchewan Office and Regional Manager

Vancouver, Canada, May 29th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to report on drill and work progress on three uranium projects in the Athabasca Basin Area. West McArthur project; Mitsubishi Option Drilling has been underway on the West McArthur property since late February, and four drill holes WMA 008-011 … Winter Program Intersecting Uranium Zones: Drilling to Continue

Vancouver, Canada, May 7th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company” or “CanAlaska”) is pleased to report that it has executed a Memorandum of Understanding with a group of Korean companies led by Hanwha Corporation (collectively the “Korean Consortium”), to enter into exclusive negotiations regarding investment by the Korean Consortium in the … CanAlaska to Collaborate with Korean Consortium in Uranium Exploration

Vancouver, Canada, and London, UK, April 16th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (“CanAlaska”) and the UK-based uranium investment company Yellowcake plc (PLUS:YEL) (“Yellowcake”) are pleased to report that they have entered into an agreement to undertake uranium exploration on CanAlaska’s 100%-owned Grease River Project. The Grease River Project is situated along the … CanAlaska Undertakes Uranium Exploration with Yellowcake plc

Vancouver, Canada, April 12th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company” or “CanAlaska”) Further to the Company’s news release yesterday concerning its West McArthur project, CanAlaska is pleased to provide further details of its current uranium exploration activity in the Athabasca Basin. Over the past three months, drill crews have been mobilized … CanAlaska Updates Winter Uranium Exploration Program

Vancouver, Canada, April 11th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company” or “CanAlaska”) is pleased to report that the Company has finalized an agreement with Mitsubishi Development Pty Ltd. (“MDP”), an Australian based mining company wholly owned by Mitsubishi Corporation in Japan, to undertake uranium exploration on CanAlaska’s 100%-owned West McArthur project … CanAlaska Finalizes Uranium Exploration Venture with Mitsubishi Development

Vancouver, Canada, March 30th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) has granted 1,000,000 incentive stock options to employees, consultants, and insiders of the Company at the exercise price of $0.74 per common share for a period of five years. The foregoing is subject to regulatory approval. About CanAlaska Uranium Ltd. — … Stock Options Granted