Business
CanAlaska Announces Extension of Warrants
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2018) - CanAlaska Uranium Ltd. (TSXV:...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Announces Extension of WarrantsVancouver, British Columbia--(Newsfile Corp. - June 27, 2018) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N), (the \"Company\") announces that it intends to extend the exercise period of a total of 2,000,000 outstanding share purchase warrants, each of which is exercisable for one common share of the Company at a price of $0.70 per share (collectively, the \"Warrants\"). The Warrants were issued pursuant to a private placement completed July 8, 2016. The new expiration date of the Warrants is July 8, 2020, provided that if the closing price of the Company's common shares listed on the TSX Venture Exchange exceeds $1.00/share for 10 consecutive trading days, then at any time thereafter the Company may accelerate the exercise period of the Warrants to reduce it to a period expiring 10 calendar days after the date express written notice of such acceleration is provided by the Company to the Warrant holders. The exercise price of the Warrants will remain unchanged. This Warrant extension is subject to the acceptance of the TSX Venture Exchange.About CanAlaska Uranium CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) holds interests in approximately 102,870 hectares (254,000 acres), in Canada's Athabasca Basin region — the \"Saudi Arabia of Uranium.\" CanAlaska is currently working with Cameco and Denison at two of the company's properties in the eastern Athabasca basin. CanAlaska is a project generator positioned for discovery success in the world's richest uranium district. The company also holds properties prospective for nickel, copper, gold and diamonds. For further information visit www.canalaska.com.On behalf of the Board of Directors,\"Peter Dasler\"Peter Dasler, M.Sc., P.Geo.President & CEOCanAlaska Uranium Ltd.Contacts:Peter DaslerPresidentTel: +1.604.688.3211 x 138Email: [email protected] GomezCorporate DevelopmentTel: +1.604.484.7118Email: [email protected] 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.Forward-looking informationAll statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or ma...