CanAlaska Completes $10M Non-Brokered Private Placement

Vancouver, British Columbia–(Newsfile Corp. – November 2, 2022) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (" CanAlaska " or the " Company ") is pleased to announce that it has closed its non-brokered private placement (the " Offering ") previously announced on October 6, 2022, as increased on October 7, 2022. Under the Offering, the Company has issued 13,173,212 flow-through units for gross proceeds of $6,850,070.24 and 4,499,900 charity flow-through units for gross proceeds of $3,149,930, for total gross proceeds of $10,000,000.24.

In connection with the Offering, the Company paid a total of $594,362.58 and issued a total of 1,049,545 warrants as finder’s fees. Each finder’s warrant is exercisable for one common share at a price of $0.52 for three years.

All securities issued under this private placement are subject to a hold period expiring March 2, 2023, in accordance with applicable securities laws and the policies of […]

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