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CanAlaska Appoints Vice-President Corporate Development Misty Urbatsch, Senior Analyst involved in global uranium marketing, sales, and trading Previously worked for major uranium miner global exploration programs

Management Changes Exploration Programs

CanAlaska Appoints Vice-President Corporate

Development

Misty Urbatsch, Senior Analyst involved in global uranium marketing, sales, and trading

Previously worked for major uranium miner global exploration programs

Vancouver, British Columbia--(Newsfile Corp. - July 10, 2023) -

CanAlaska Uranium Ltd. (TSXV:

CVV

) (OTCQX:

CVVUF

) (FSE:

DH7N

)

("CanAlaska" or the "Company") is pleased to announce the

appointment of Misty Urbatsch to Vice-President Corporate Development of the Company effective July

10, 2023. Dramatically growing interest in critical minerals as part of a carbon-free clean-energy world

has continued to accelerate the Company's activities. New high-grade uranium discoveries at it's West

McArthur and Moon Lake South joint venture projects, continued project generation activity in the world's

richest uranium district in Saskatchewan, and a district-scale class 1 nickel portfolio in one of the world's

most prolific sulphide nickel belts located in Manitoba have CanAlaska ready for the next steps in its

evolution.

Misty Urbatsch

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Misty brings a rare blend of experience accumulated over fifteen years in the mining industry. With a

robust background in a major exploration, mining and marketing company, she has acquired invaluable

expertise across various facets of the metals industry, including domestic and international uranium

exploration and global uranium sales, marketing, and trading.

Misty embarked on her professional journey at Cameco Australia Pty Ltd., where she focused on

exploring for unconformity-type uranium deposits in the renowned East Alligator River's Uranium field in

the Northern Territory, Australia. Additionally, she successfully led exploration programs targeting

sandstone-type uranium deposits in the Frome Basin, South Australia, Australia. Misty transitioned to

Cameco's Canadian operations in 2012, where she led exploration projects located near some of the

world's richest- and highest-grade uranium deposits in the esteemed Athabasca Basin in

Saskatchewan, Canada. After completing her MBA, Misty joined Cameco's Marketing group, focusing

on international uranium sales and marketing and leading the company's uranium trading operations.

Misty holds a Bachelor of Science (2008) in Geology and Geography and an Executive Masters in

Business Administration (2019). She is a registered member of the Association of Professional

Engineers and Geoscientists of Saskatchewan.

Misty Urbatsch, Vice-President Corporate Development, comments:

"I sincerely acknowledge and hold

in high regard the remarkable accomplishments of the CanAlaska team, specifically in cultivating a

world-class portfolio of uranium and nickel properties in tier 1 jurisdictions. With utmost enthusiasm

and privilege, I embrace the opportunity to join this distinguished group of highly skilled professionals.

Together, we are committed to the strategic development and growth of CanAlaska's assets, with the

overarching objective of meeting the global demand for critical minerals for a clean-energy future."

Cory Belyk, CEO, comments:

"I have known Misty a long time and it is a true honour to welcome her to

the CanAlaska executive team where I have absolutely no doubt she will excel in this role. With our

recent successes on multiple new uranium discoveries in the eastern Athabasca Basin and our world-

class and district-scale nickel portfolio in the Thompson Nickel Belt, now is the time to bring in the

expertise that can help move this portfolio forward for our shareholders. Misty has the expertise we

require at this critical time of evolution for CanAlaska."

About CanAlaska Uranium

CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) holds interests in

approximately 350,000 hectares (865,000 acres), in Canada's Athabasca Basin - the "Saudi Arabia of

Uranium."

CanAlaska's strategic holdings have attracted major international mining companies.

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

"Cory Belyk"

Cory Belyk, P.Geo., FGC

CEO, President and Director

CanAlaska Uranium Ltd.

Contacts:

Cory Belyk, CEO and President

Tel: +1.604.688.3211 x 138

Email:

[email protected]

General Enquiry

Tel: +1.604.688.3211

Email:

[email protected]

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.

Forward-looking information

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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/172858