VANCOUVER, Jan. 7, 2014 /CNW/ - CanAlaska Uranium Ltd. (TSXV : CVV) ("CanAlaska" or the "Company") is pleased to announce that the Honorable Kathleen Kennedy Townsend, Director at The Rock Creek Group and Lieutenant Governor of Maryland from 1995 to 2003, has been named to the Company's Board of Directors effective immediately. In connection with Ms. Townsend's appointment, the Company has granted an incentive stock option to acquire up to 400,000 common shares at $0.12 per share exercisable for a five year period.
"We look forward to Kathleen's insight and guidance as a member of the CanAlaska's board as well as a member of the board's Audit Committee," said Ambassador Thomas Graham, Jr., Chairman. "She is capable of assisting CanAlaska on many fronts as it works to discovery on its extensive landholdings, and with its International Joint Venture partners".
"CanAlaska's portfolio of advanced uranium projects in the Athabasca Basin, and its support by major international corporations, provides a unique opportunity to become successful in the discovery of new large-scale supplies of uranium. CanAlaska has diligently carried out exploration in the Athabasca since 2005, and has reached the point where the discovery process is near complete. The Company has prioritized and developed its relationship with the local communities and with direct involvement in exploration on and near traditional lands. The Athabasca basin hosts the world's richest uranium mines, and this places the discovery of new mines in an exciting and unique economic, political and social environment. I'm excited to be a part of these developments," commented Ms. Townsend.
Ms. Townsend has a long history of accomplishments in the public and private sectors. She is a Director at The Rock Creek Group, a Washington, D.C. based investment advisor founded by the former treasurer of the World Bank. She was the State of Maryland's first woman Lieutenant Governor. She had responsibility for a multibillion-dollar budget and oversight of major cabinet departments. Before her 1995 election, Ms. Townsend served as Deputy Assistant Attorney General of the United States. She led the planning to put 100,000 police officers into communities and she ignited the Police Corps, a program to give college scholarships to young people who pledge to work as police officers for four years after graduating. Earlier in her career, Ms. Townsend served as the founder and director of the Maryland Student Service Alliance.
Ms. Townsend is an honors graduate of Harvard University, and earned her law degree from the University of New Mexico. While there she contributed a Law Review article on the rehabilitation of uranium mine sites. She has received 12 honorary degrees. A member of the bar in Maryland, Connecticut and Massachusetts, she is also a certified broker-dealer and author.
President Peter Dasler, M.Sc., P Geo. is pleased to welcome Ms. Townsend. Shareholders and investors can review detailed information on all the Company's 18 uranium projects and joint ventures on the Company's website at www.canalaska.com.
About CanAlaska Uranium
CANALASKA URANIUM LTD. (CVV -- TSX, CVVUF -- OTCBB, DH7F -- Frankfurt) has undertaken uranium exploration on multiple uranium projects in Canada's Athabasca Basin -- the "Saudi Arabia of Uranium" since 2005. The Company has major international partners for its West McArthur and Cree East properties, and is concentrating its activities on these 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-V has not reviewed and does not accept responsibility for the adequacy or accuracy of this release: CUSIP# 13708P 10 2. This news release may contain 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 Commission.
SOURCE: CanAlaska Uranium Ltd.
For further information:
Peter Dasler, President and CEO.
Tel: +1.604.688.3211 x 138
Email: [email protected]