VANCOUVER, June 9, 2011 /CNW/ - CanAlaska Uranium Ltd. (TSXV: CVV) ("CanAlaska" or the "Company") is pleased to announce that its common
shares will be listed and commence trading on the Toronto Stock
Exchange ("TSX") within the next two weeks. The company's current
trading symbol, CVV, will remain unchanged.
"This graduation to the senior TSX board represents another milestone in
the development of CanAlaska Uranium," said Mr. Peter Dasler, President
& CEO. "Our TSX listing will open up a broader investor base and expand
our access to capital as we continue to explore for uranium deposits in
the richest uranium-producing region of the world alongside our
international joint venture partners. We are most pleased to gain the
recognition by the Toronto Stock Exchange of our continued prospects
CanAlaska's common shares will be de-listed from the TSX Venture
Exchange (TSX-V) upon commencement of trading on the TSX.
About CanAlaska Uranium
CANALASKA URANIUM LTD. (CVV -- TSX.V, CVVUF -- OTCBB, DH7 -- 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$75 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 Venture 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 Email: firstname.lastname@example.org