CanAlaska Uranium Ltd. is pleased to announce that, subject to regulatory approval, it intends to raise up to $500,000 by way of a non-brokered private placement of up to 1,562,500 units at a price of $0.32/Unit. Each Unit will consist of one common share and ½ share purchase warrant. Each whole warrant will entitle the holder to acquire an additional common share at $0.51/share for a three year period; provided [...]
CanAlaska Uranium Ltd. reports that Cameco Corp. has given notice to acquire its 30% interest and form a Joint Venture on the West McArthur uranium project. CanAlaska will now become Operator of the Joint Venture. The Company is currently in the process of preparing a program of work for 2019 exploration. West McArthur Uranium Discovery In August 2017, Cameco intersected the first high grade uranium mineralized intervals [...]
CanAlaska Uranium Ltd. reports that it has entered into letters of intent with Melbourne-based Canada Metals Ltd. for an Option-Purchase of the Manibridge nickel project, and an Option to earn 70% of the Strong nickel project. Canada Metals Ltd. is an Australian-incorporated public unlisted company based in Melbourne, Australia, and supported by Peak Asset Management investment group. Canada Metals Ltd is currently [...]
CanAlaska Uranium is pleased to announce being able to model historical drill data and define a 400 metre long high-grade nickel target within a 1,200 metre long horizon of semi-continuous nickel mineralization, north of the former producing Manibridge nickel mine, in the Thompson Nickel Belt. Figure 1. Manibridge Project - North Manibridge Zone To view an enhanced version of Figure 1, please visit [...]
CanAlaska Uranium announces that it intends to extend the exercise period of a total of 2,000,000 outstanding share purchase warrants, each of which is exercisable for one common share of the Company at a price of $0.70 per share . The Warrants were issued pursuant to a private placement completed July 8, 2016. The new expiration date of the Warrants is July 8, 2020, provided that if the closing price of the Company's [...]
CanAlaska Uranium Ltd. is pleased to announce that it has now closed the financings it previously announced May 28, 2018. The Company has issued 531,588 units for gross proceeds of $180,740 and 853,276 flow-through units for gross flow-through proceeds of $332,778. In conjunction with these financings, the Company paid finders' fees to eligible finders in the aggregate amount of $20,292.28 cash and 52,955 finder's [...]
CanAlaska Uranium is pleased to announce that, subject to regulatory approval, it intends to raise up to $638,000 by way of a non-brokered private placement of up to 1,200,000 flow-through units at a price of $0.39/F/T Unit and up to 500,000 units at a price of $0.34/Unit. Each F/T Unit will consist of one flow-through common share and ½ share purchase warrant. Each Unit will consist of one common share and [...]
CanAlaska Uranium is pleased to report ongoing summer work under Cameco's year 3 work program at the 5 kilometre long Grid 5 target area at the 36,000 ha West McArthur uranium project, see Figure1. Key Points: Winter drill holes show uranium halos and possible target over-shoot Summer geophysics-borehole survey to locate conductor missed in hole WMA050 3D modeling of complex geology where C10 fault cuts across [...]
President of CanAlaska Uranium, Peter Dasler comments on the growing demand for uranium and the company's seven properties in the Athabasca Basin. CanAlaska Uranium is being featured on CBC's Documentary Channel the weeks of May 14 - May 27, 2018 Monday through Friday, throughout the day and evenings. CanAlaska Uranium: CanAlaska Uranium Ltd. holds interests in approximately 152,000 hectares , in Canada's Athabasca Basin [...]
CanAlaska Uranium announces that, subject to regulatory approval, it has retained Mackie Research Capital Corporation to provide its market stabilization and liquidity services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Mackie will trade shares of the Company on the TSX-V for the purposes of maintaining a reasonable market and improving the [...]
CanAlaska Uranium is pleased to report results from Cameco's winter drill program at the 5 km long Grid 5 target area at the West McArthur uranium project. Cameco's drilling concentrated on developing an overall view of the geology and alteration between hole WMA047, located 1.4 km to the southwest of the uranium mineralization in hole WMA042, through to hole WMA050 located 800 metres to the northeast, see Figure1. Key [...]
CanAlaska Uranium Ltd. is pleased to announce that it has staked 15 claims to cover historical nickel and possible cobalt mineralization adjacent to the Manibridge nickel mine in north central Manitoba. The Manibridge nickel deposit was mined from 1971 to 1977. Original resources were 1.5 million tons at 2.25% nickel and 0.27% copper. Although cobalt was not reported, cobalt mineralization exists in other deposits in the [...]
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