TORONTO, Sept. 29, 2011 /CNW/ - CanAlaska Uranium Ltd. (TSX - CVV) ("CanAlaska" or the "Company") had the pleasure of opening trading on the
Toronto Stock Exchange ("TSX") market yesterday in recognition of the
Company's graduation to a listing on the TSX. Peter Dasler commented
that "this significant event in the Company's development was achieved
notwithstanding the very difficult uranium market over the past 7
months, and the current global financial uncertainty. The fundamental
demand for uranium to power the world's fast-growing fleet of nuclear
reactors gives our company a bright future, and we are very pleased
that this has been recognised by the Toronto Stock Exchange."
At the Annual General Meeting of Shareholders that was held today, the
Company is also pleased to announce the strong support of its
shareholders, and that 19.5% of its outstanding shareholders voted to
approve all the resolutions that were proposed in the information
circular that was mailed to shareholders on August 26th, 2011.
The following directors have been re-appointed:
Jean Luc Roy
Thomas Graham, Jr.
Management would once again like to thank the shareholders for their
continued support and for taking the time to cast their vote in support
About CanAlaska Uranium
CANALASKA URANIUM LTD. (CVV -- TSX, CVVUF -- OTCBB, DH7N -- Frankfurt) is undertaking uranium exploration in twenty one uranium projects in
Canada's Athabasca Basin -- the "Saudi Arabia of Uranium". Since
September 2004, the Company has aggressively acquired one of the
largest land positions in the region, comprising over 2,500,000 acres
(10,117 sq. km or 3,906 sq. miles). To-date, CanAlaska has expended
over Cdn$78 million exploring its properties and has delineated
multiple uranium targets.
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:
Emil Fung, Director & V.P. - Corp. Dev.
Tel: +1.604.688.3211 x318