CanAlaska Executes Exploration Agreement with Kineepik Métis Local Inc. Agreement Provides for a Sustainable Future for CanAlaska and Communities Near its Projects in the Athabasca Basin
CanAlaska Executes Exploration Agreement
with Kineepik Métis Local Inc.
Agreement Provides for a Sustainable Future for CanAlaska
and Communities Near its Projects in the Athabasca Basin
Saskatoon, Saskatchewan--(Newsfile Corp. - March 24, 2026) -
CanAlaska Uranium Ltd. (TSXV:
CVV)
(
OTCQX: CVVUF) (FSE:
DH7)
("CanAlaska" or the "Company") is pleased to announce it has
signed an exploration agreement with Kineepik Métis Local Inc. ("
KML
") to strengthen their relationship.
With extensive land holdings, roughly 500,000 hectares (1,235,000 acres) and uranium exploration
targets in Saskatchewan's Athabasca Basin some of which are in the traditional lands of KML territories,
CanAlaska is dedicated to building a sustainable future for its company and the communities near which
it explores. By entering into this agreement, CanAlaska is demonstrating this commitment. Similarly,
KML seeks to work collaboratively with exploration and mining companies operating within its territory.
As such, this agreement is founded on KML's commitment to ensuring the continued protection of their
home while exercising their duty to ensure the ethical harvesting of resources throughout that home.
"Kineepik Métis Local have signed an Exploration Agreement with CanAlaska to ensure that we are
always included in the process of development. These agreements ensure that we are involved in the
exploration that continues to impact our communities. We have many opportunities to monitor the
environmental impacts, gain meaningful employment, expanding our community businesses and
allows our communities to improve life for all residents by being a part of the process,"
said Mike
Natomagan, President, Kineepik Métis Local Inc.
"As a leading explorer and generator of uranium projects in the Athabasca Basin, we value the
strength that working in partnership with the people of Kineepik brings to our exploration activities in
Saskatchewan. In turn, by signing this agreement and engaging in respectful and meaningful ways
with Kineepik, we are proud to be able to contribute to their stewardship of the land,"
said Cory Belyk,
CEO of CanAlaska.
About Kineepik Métis Local Inc.
The Northern Village of Pinehouse (NVP) is located within the traditional land and occupancy area of the
Indigenous people of Kineepik Métis Local (KML). The lands surrounding the Missinippi (Churchill River)
watershed have supported the gathering of food, shelter, and essential materials since time immemorial.
As a result of the strong, collaborative relationship between KML and NVP, residents routinely benefit
from significant employment and business opportunities associated with projects occurring within KML
territory. Our community takes great pride in the work ethic of KML and NVP citizens, who consistently
contribute to the wellbeing of both the community and the province.
Through community-owned businesses, local profits have been reinvested into priority projects such as
energy-efficient housing, youth infrastructure including the community hockey arena, and a 12-unit Elders'
housing facility, demonstrating our commitment to building a strong, sustainable future.
On behalf of the Board of Directors
"Mike Natomagan"
Mike Natomagan
President
Kineepik Métis Local
Contacts:
Rosalena Smith, Executive Director
Tel: +1.306.884.0001
Email:
About CanAlaska Uranium
CanAlaska is a leading explorer of uranium in the Athabasca Basin of Saskatchewan, Canada. With a
project generator model, the Company has built a large portfolio of uranium projects in the Athabasca
Basin. CanAlaska owns numerous uranium properties, totaling approximately 500,000 hectares, with
clearly defined targets in the Athabasca Basin covering both basement and unconformity uranium
deposit potential. The Company has recently concentrated on the West McArthur high-grade uranium
expansion with targets in 2024 and 2025 leading to significant success at Pike Zone. Fully financed for
the 2026 drill season, CanAlaska is focused on uranium deposit discovery and delineation in a safe and
secure jurisdiction. The Company has the right team in place with a track record of discovery and
projects that are located next to critical mine and mill infrastructure.
The Company's head office is in Saskatoon, Saskatchewan, Canada with a satellite office in Vancouver,
BC, Canada.
The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for
this news release is Nathan Bridge, MSc., P. Geo., Vice-President Exploration for CanAlaska Uranium
Ltd., who has reviewed and approved its contents.
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
General Enquiry
Tel: +1.306.668.6900
Tel: +1.306.668.6915
Email:
Email:
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.
Forward-looking statements are frequently identified by such words as "may", "will",
"plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and
results. Forward-looking statements are based on the current opinions and expectations of
management.
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.
Actual events or results may differ
materially from those projected in the forward-looking statements and the Company cautions against
placing undue reliance thereon.
The Company believes that the expectations reflected in forward-looking statements included herein
are reasonable, but no assurance can be given that these expectations will prove to be correct and
such forward-looking statements included herein should not be unduly relied upon.
These statements
speak only as of the date hereof.
The Company does not intend, and does not assumes any
obligation, to revise or update these forward-looking statements, except as required by applicable law.
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https://www.newsfilecorp.com/release/289645