News

CanAlaska Updates Winter Uranium Exploration Program

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

CanAlaska Finalizes Uranium Exploration Venture with Mitsubishi Development

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

Stock Options Granted

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

Former U.S. Ambassador Thomas Graham Jr. Joins Board of CanAlaska Uranium

Vancouver, Canada, March 30th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company” or “CanAlaska”) is pleased to welcome former U.S. Ambassador Thomas Graham Jr. to its Board of Directors, subject to regulatory approval. Ambassador Thomas Graham, Jr. is one of the world’s leading experts in nuclear non-proliferation. Amb. Graham has served as a Former U.S. Ambassador Thomas Graham Jr. Joins Board of CanAlaska Uranium

CanAlaska Closes $5,000,000 Private Placement

Vancouver, Canada, March 6, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) announces that further to its news release dated January 25, 2007, the Company has completed its non-brokered private placement and has issued 6,944,444 units for gross proceeds of $5,000,000. Each unit consisted of one common share in the capital of the CanAlaska Closes $5,000,000 Private Placement

Non-Brokered Private Placement

Vancouver, Canada, January 25, 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 $0.72 per NFT Unit and flow-through units (the “FT Units”) at a purchase price of $0.85 per FT Unit for gross proceeds of up to Non-Brokered Private Placement

CanAlaska Commences Winter Drilling Programs

Vancouver, Canada, January 18th, 2007 — CanAlaska Uranium Ltd. (CVV — TSX.V) (the “Company”) is pleased to report the mobilization of diamond drills to the first of four uranium projects in the Athabasca Basin scheduled for drill testing this winter exploration season. Key Lake The drill camp for the Key Lake Project, operated by CanAlaska CanAlaska Commences Winter Drilling Programs

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