Vancouver, British Columbia, October 6,
2016 -- CanAlaska Uranium Ltd. "the Company" (TSX-V:
DH7N) ("CanAlaska" or the "Company") wishes to announce
the grant of incentive stock options to certain directors,
officers and consultants of the Company to purchase up to an
aggregate of 1,510,000 common shares of the Company pursuant to
the Company's share option plan. The options are exercisable for
a period of two years at a price of $0.41/share.
About CanAlaska Uranium
CanAlaska Uranium Ltd. (TSX-V:
DH7N) holds interests in approximately 500,000 hectares
(1.2 million acres), one of the largest land positions in
Canada's Athabasca Basin region -- the "Saudi Arabia of Uranium."
CanAlaska's strategic holdings have attracted major
international mining companies Cameco, Denison, KORES, KEPCO,
and the De Beers Group of Companies. CanAlaska is a project
generator and is positioned for discovery success in the world's
richest uranium district.
For further information, visit
behalf of the Board of Directors
Peter Dasler, P. Geo.,
President & CEO
Peter Dasler, President and CEO.
Tel: +1.604.688.3211 x318
Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
All statements included in this press release that address
activities, events or developments that the Company expects,
believes or anticipates will or may occur in the future are
forward-looking statements. These forward-looking statements
involve numerous assumptions made by the Company based on its
experience, perception of historical trends, current conditions,
expected future developments and other factors it believes are
appropriate in the circumstances. In addition, these statements
involve substantial known and unknown risks and uncertainties
that contribute to the possibility that the predictions,
forecasts, projections and other forward-looking statements will
prove inaccurate, certain of which are beyond the Company's
control. Readers should not place undue reliance on
forward-looking statements. Except as required by law, the
Company does not intend to revise or update these
forward-looking statements after the date hereof or revise them
to reflect the occurrence of future unanticipated events.