CanAlaska Uranium is pleased to announce that it has closed its non-brokered private placement financing previously announced on January 30, 2018 and February 14, 2018. The Company issued 1,722,823 units for gross proceeds of $585,759.82. In connection with this financing, and in compliance with the policies of the TSX Venture Exchange, the Company paid finder's fees totaling $26,418 cash and 77,700 finder's warrants [...]
CanAlaska Uranium announces that further to its news release of January 30, 2018, it has received interest above the previously announced $510,000, and accordingly intends to increase its non-brokered private placement to $585,759.82 , subject to TSXV approval. All other terms of the offering remain as set out in the Company's January 30, 2018 news release. The Company intends to close this offering immediately upon [...]
CanAlaska Uranium is pleased to announce that, subject to regulatory approval, it intends to raise up to $510,000 by way of a non-brokered private placement of up to 1,500,000 units at a price of $0.34/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 two year period; provided that [...]
CanAlaska Uranium Ltd. is reporting that it has granted incentive stock options to certain directors and officers of the company to purchase up to an aggregate of 660,000 common shares of the company pursuant to the company's share option plan. Directors have recently exercised 605,000 shares for their accounts. The options are exercisable for a period of two years at a price of $0.395 cents per share. About CanAlaska [...]
CanAlaska Uranium reports that ground geophysical surveys are complete and drilling is planned to commence this week at the Company's West McArthur uranium property in the Athabasca Basin, to followup the summer uranium discovery. A 6,200 metre drill program will target the immediate vicinity of discovery drill holes WMA042 and WMA042-2. The drill program will be conducted by Cameco Corp. as part of their two part $12.5 [...]
VANCOUVER, British Columbia, Nov. 29, 2017 -- CanAlaska Uranium Ltd. is pleased to report the receipt from Cameco Corp. of their proposed 2018 program and budget for the West McArthur uranium project in the Eastern Athabasca Basin. Presented at a November joint technical meeting, Cameco proposes a $1.61 million drill exploration program starting in the first quarter of 2018. The exploration program includes 6,200 metres [...]
CanAlaska Uranium is pleased to report final results from drill holes WMA042 and WMA042-2, on the West McArthur uranium project. The drill program was conducted by Cameco as part of their $12.5 million option to earn a 60% interest in the Project. West McArthur Uranium Project Grid 5 North Drilling Results 2017 To view an enhanced version of this graphic, please visit [...]
CanAlaska Uranium is pleased to announce that it has acquired two Mineral Exploration Licences covering over 16,000 hectares (63 sq miles) in an area highly prospective for sulphide nickel located 25 kilometres northwest of the town of Thompson and Vale's nickel smelter and mining operations. The land package covers extensive areas of favourable nickel geology identified in historical work by both Inco and Falconbridge [...]
CanAlaska Uranium is pleased to report interim results from drill hole WMA042-2, a wedge from mineralized drill-hole WMA042, on the West McArthur uranium project. The ongoing drill program is being conducted by Cameco . Drill hole WMA042-2 commenced at 275 m downhole in strongly bleached sandstone with characteristic clays and alteration similar to that overlying nearby uranium deposits. Seven fault zones are reported [...]
CanAlaska Uranium is pleased to report interim results from drill hole WMA042 on the West McArthur uranium project where testing of the C10 conductor package at Grid 5 continues. See earlier news of July 20 2017. A further drill hole is underway. Drill hole WMA042 is located approximately 300 metres north of drill hole WMA035 completed in 2016, which is located on the east end of Grid 5. The drill program is being [...]
CanAlaska Uranium is pleased to announce that Cameco has commenced the summer drill program on the West McArthur uranium project. Cameco's recently completed high definition ground geophysical survey has confirmed the location of three parallel conductors identified as the C10 conductor package at Grid 5. At Grid 1 a conductive basement target is defined 180 metres north of the alteration zones and uranium mineralization [...]
]CanAlaska Uranium is pleased to report that it has increased its interest in the Cree East uranium project, one of the largest land positions in the eastern Athabasca. CanAlaska now owns an unencumbered 100% interest in the project which covers 57,752 hectares, of highly prospective terrain. The project has land assessment credits banked until 2033 and hosts multiple large scale uranium targets. Cree East Korean JV [...]