10:16:36 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Canalaska Uranium Ltd (2)
Symbol CVV
Shares Issued 125,070,842
Close 2023-12-04 C$ 0.405
Market Cap C$ 50,653,691
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Canalaska's VP Urbatsch resigns, joins advisory board

2023-12-05 11:37 ET - News Release

Mr. Cory Belyk reports

CANALASKA ANNOUNCES SENIOR MANAGEMENT CHANGE

Canalaska Uranium Ltd. has made changes to the company's senior management team and advisory board. Misty Urbatsch has resigned her position as vice-president, corporate development, for the company and has subsequently been appointed to the advisory board of the company.

Ms. Urbatsch brought a rare blend of experience in the mining industry. With a robust background in a major exploration, mining and marketing company, she has provided invaluable expertise to the company including domestic and international uranium exploration and global uranium sales, marketing and trading. In addition, Ms. Urbatsch successfully led completion of the Core Nickel Corp. spinout from Canalaska in November.

The company is pleased to add Ms. Urbatsch to the advisory board of Canalaska as it enters the next uranium bull market. Her incredible skillset developed over 15 years at Cameco in uranium exploration and marketing departments will help Canalaska and its shareholders maximize value in the near term and long term.

Through this management change, Ms. Urbatsch will be able to focus her time as chief executive officer, president and director for newly formed Core Nickel Corp.

Ms. Urbatsch comments: "Working with the Canalaska team over the past several months has been an absolute pleasure. Together, we have tackled various projects, including the spinout of Core Nickel Corp. As I transition into my new role as an adviser to the board of Canalaska, I am thrilled to continue utilizing my many years of experience in the uranium sector to support the company's growth and success."

Canalaska CEO, Cory Belyk, comments: "Over the past several months, it has been a pleasure working closely with Misty to complete the Core Nickel spinout transaction for our shareholders. Having her continue her journey as Core Nickel CEO will provide incredible opportunity for our shareholders to realize additional value from this nickel spinout transaction. As a newly appointed adviser to the board of Canalaska, Misty will continue to help maximize growth potential for Canalaska in the Athabasca basin."

About Canalaska Uranium Ltd.

Canalaska Uranium 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 and diamonds.

The qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is Nathan Bridge, MSc, PGeo, vice-president, exploration, for Canalaska Uranium, who has reviewed and approved its contents.

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