Toronto Stock Exchange (TSX): CVV
VANCOUVER, Sept. 21, 2012 /CNW/ - CanAlaska Uranium Ltd. (TSX - CVV) ("CanAlaska" or the "Company") has engaged KPMG Transaction Advisory
Services Ltd. (KPMG TAS, Hong Kong) to assist in seeking China based
investors to fund the exploration and development of the Company's most
active Athabasca Region uranium projects.
On July 19, 2012, Canada and China signed a supplementary protocol to
the long-standing Canada-China Nuclear Cooperation Agreement. The
building of stronger trade and investment ties with China and increased
collaboration with China's civil nuclear-energy market is intended to
give Canadian companies greater access to one of the world's largest
and fastest expanding economies.
President and CEO Peter Dasler commented "Management believes that the
protocol presents new opportunities for Canadian uranium exploration
companies. CanAlaska is focused on accelerating the development of its
key uranium projects and with the assistance of KPMG TAS is targeting
strategic investment groups within China for financial support."
Shareholders are reminded of the Company's AGM, to be held at the
Company's Vancouver office on Sept 27 2012. Please ensure to submit
your vote ahead of the proxy deposit deadline of Tuesday, September 25,
2012 at 10:00 a.m. Pacific Time. For assistance in voting your shares,
please contact CanAlaska's Proxy Solicitation Agent, Georgeson at
1-888-605-8417 or by email: email@example.com.
Peter Dasler, M.Sc., P Geo. is the qualified person responsible for this
About CanAlaska Uranium
CANALASKA URANIUM LTD. (CVV -- TSX, CVVUF -- OTCBB, DH7F -- Frankfurt) is undertaking uranium exploration on multiple uranium projects in
Canada's Athabasca Basin -- the "Saudi Arabia of Uranium". The Company
has major international partners and is concentrating its activities on
four advanced projects.
For more information, visit www.canalaska.com
On behalf of the Board of Directors
Peter Dasler, M.Sc., P.Geo., President & CEO,
CanAlaska Uranium Ltd.
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release: CUSIP# 13708P 10 2. This news
release contains certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Securities Exchange Act of
1934, as amended. All statements, other than statements of historical
fact, included herein are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the British Columbia
Securities Commission and the United States Securities & Exchange
SOURCE: CanAlaska Uranium Ltd.
For further information:
Peter Dasler, President and CEO.
Tel: +1.604.688.3211 x318