Toronto Stock Exchange (TSX): CVV
VANCOUVER, Jan. 3, 2013 /CNW/ - CanAlaska Uranium Ltd. (TSX - CVV) ("CanAlaska" or the "Company") is pleased to announce the appointment of
Mr. Simon Szeto to the Company's Advisory Board. In addition, Mr. Harry
Chan has taken over the position of Chief Financial Officer ("CFO")
with the Company, replacing Mr. Ram Ramachandran. Mr. Ramachandran is
intending to spend further time on personal and other business
interests. The Company greatly appreciates Ram's past and continuing
efforts for the Company and wishes him very well for all his future
Harry Chan has been with the Company since 2009, as Corporate
Controller, and has worked very closely with Ram for the past two
years. He has over 20 years of experience working in several different
industries ranging from public practice, sports entertainment,
wholesale distribution and telecommunications. He is a graduate of the
University of British Columbia and received his Certified General
Accountant designation in BC in 1996.
Simon Szeto is Vice President of Hong Kong based SBI E-2 Capital
Securities Ltd & SBI E-2 Capital Financial Services Ltd. which provides
financial services to individuals, and private and public
corporations. Mr. Szeto was instrumental in CanAlaska's 2010 financing
which involved a number of Hong Kong individuals and institutions.
President and CEO Peter Dasler and Simon Szeto have a strong commitment
to the growth of CanAlaska, and see the continued changes in sentiment
towards nuclear energy as a major source of future world power supply.
Mr. Szeto will work closely with the board of directors to advise on
financing and strategies related to Asian interests in uranium.
CanAlaska has progressively reduced its exploration programs since the
March 2010 Fukushima nuclear incident and has been continuing to trim
discretionary expenditures to minimize shareholder dilution. The
Company is concentrating on marketing individual uranium exploration
projects, and building relationships for current and future Joint
Ventures. The Company has permitted several projects for winter drill
programs, but is not intending to progress without outside funding
Peter Dasler commented "Harry has been deeply involved with the
Company's exploration projects and financial reporting and has a full
understanding of the CFO position within Management. Simon has been a
very strong supporter, and is eager to assist the Company with further
financial transactions. Harry and Simon are great assets to the
About CanAlaska Uranium
CANALASKA URANIUM LTD. (CVV -- TSX, CVVUF -- OTCBB, DH7F -- Frankfurt) since 2004 has undertaken uranium exploration on multiple uranium
projects in Canada's Athabasca Basin -- the "Saudi Arabia of Uranium".
The Company has major international joint venture partners and is
concentrating its activities on these most 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 Email: firstname.lastname@example.org