CanAlaska Uranium Ltd. - Change in auditor
February 23 2010 - 5:00AM
PR Newswire (US)
VANCOUVER, Feb. 23 /PRNewswire-FirstCall/ -- CanAlaska Uranium Ltd.
(TSX.V - CVV) ("CanAlaska" or the "Company") announces that it has
changed its auditor from James Stafford, Inc., Chartered
Accountants ("Former Auditor"), to Deloitte & Touche LLP,
Chartered Accountants ("Successor Auditor"). At the request of the
Company, the Former Auditor resigned on February 3, 2010. The Board
of Directors has approved the appointment of the Successor Auditor
in place of the Former Auditor effective February 3, 2010 until the
next Annual General Meeting of shareholders. There were no
reservations in the Former Auditor's reports on the Company's
financial statements for the two most recently completed fiscal
years. The Company confirms that there were no reportable events
between the Former Auditor and the Company. About CanAlaska Uranium
Ltd. - http://www.canalaska.com/ CANALASKA URANIUM LTD. (CVV -
TSX.V, CVVUF - OTCBB, DH7 - Frankfurt) is undertaking uranium
exploration in twenty 100%-owned and three optioned 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$60 million exploring its
properties and has delineated multiple uranium targets. CanAlaska's
geological expertise and high exploration profile has attracted the
attention of major international strategic partners. Among others,
Japanese conglomerate Mitsubishi Corporation has provided the
Company C$11 mil. in exploration funding to earn a 50% ownership
interest in the West McArthur Project.. Exploration of CanAlaska's
Cree East Project is also progressing under a C$19 mil. joint
venture with a consortium of Korean companies led by Hanwha
Corporation, and comprising Korea Electric Power Corp., Korea
Resources Corp. and SK Energy Co, Ltd., in which the Korean
Consortium presently holds a 40.6% ownership interest. Other
Company projects in the Athabasca Basin scheduled for drill testing
during this Winter 2010 season include McTavish, Collins Bay
Extension and Fond Du Lac. On behalf of the Board of Directors
"signed" 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 Commission. DATASOURCE: CanAlaska Uranium Ltd.
CONTACT: Emil Fung, Director & V.P. - Corp. Dev., Tel: (604)
688-3211, Email:
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