Business
CanAlaska Announces Over-subscription of Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2018) - CanAlaska Uranium Ltd . ...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Announces Over-subscription of Private Placement FinancingVancouver, British Columbia--(Newsfile Corp. - November 13, 2018) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (the \"Company\") announces that further to its news release of October 30, 2018, it has received interest above the previously announced $500,000, and accordingly intends to increase its non-brokered private placement to $574,520 (1,795,375 Units), subject to TSXV approval. All other terms of the offering remain as set out in the Company's October 30, 2018 news release. The Company intends to close this offering immediately upon receipt of regulatory approval.About CanAlaska Uranium CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) holds interests in approximately 152,000 hectares (375,000 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 DaslerPeter Dasler, M.Sc., P.Geo.President & CEO CanAlaska 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 may occur in the future are forward-looking statements. In particular, this news release contains forward-looking information regarding the increased private placement offering. 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. These assumptions include, bu...