VANCOUVER, April 6 /PRNewswire-FirstCall/ - CanAlaska
Uranium Ltd. (CVV - TSX.V) (the "Company") is pleased to announce
that Mr. Ram Ramachandran, C.A. has been appointed Chief Financial
Officer.
Mr. Ramachandran possesses over 25 years of financial reporting
experience in a multitude of capacities. For over 10 years he has
consulted extensively on financial reporting and regulatory matters
for public companies, accounting and law firms.
Mr. Ramachandran's contributions to the capital markets include
authoring and launching the "Canadian Securities Reporter", a
proprietary public company subscription service. He previously
served as Associate Chief Accountant and Deputy Director, Corporate
Finance at the Ontario Securities Commission and served as a
principal in the national office of an international accounting
firm.
Mr. Ramachandran was also a member of the OSC's Continuous
Disclosure Advisory Committee (2004-2006) and has completed the
IFRS Certification program offered by the Institute of Chartered
Accountants in England &
Wales. He originally qualified as
a Chartered Accountant in England
& Wales and subsequently
became a C.A. in Ontario in
1984.
Mr. Ramachandran replaces Mr. Joseph
Bowes. Mr. Bowes had been active in the development of
CanAlaska's corporate growth, but has resigned to pursue personal
interests. The Company wishes him well in his future
endeavours.
About CanAlaska Uranium
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 Helmer.
For more information visit www.canalaska.com
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.
SOURCE CanAlaska Uranium Ltd.
