Mr. Cory Belyk reports

CANALASKA ANNOUNCES SENIOR MANAGEMENT CHANGE

Canalaska Uranium Ltd. is making changes to the company's senior management team.

Canalaska is currently executing on its summer drill program where it is planning to complete 20 to 25 drill holes. Following the completion of the program, Nathan Bridge, current vice-president exploration, has resigned to pursue other interests. The board of directors and management wish to thank Mr. Bridge for his significant contributions, dedication and support to Canalaska during his tenure and wish him well in his future endeavours. The company will be conducting a search for a new vice-president exploration and Mr. Bridge has agreed to assist Canalaska during this transition period. A further update will be provided in due course.

Canalaska chief executive officer, Cory Belyk, comments: "Since 2021, Nathan and the executive team have worked side by side to build the Canalaska team, expand the portfolio of high-quality exploration projects, focus the exploration effort, and discover a uranium deposit in the Athabasca basin. Nathan has led the Canalaska team toward that discovery from day one with an amazing skillset that balances the people with the money with the technical expertise. It has truly been a pleasure to work with Nathan for the past five years and I look forward to following his progress closely as he reaches for new career milestones. On behalf of the board, I extend a very sincere thank you for all you have done to help build Canalaska."

Mr. Bridge, comments: "I am honoured to have served as the vice-president exploration at Canalaska for the past five years. In that time, I've seen the company grow significantly through the expansion of its high-quality uranium portfolio and the discovery of the Pike zone. I am committed to working closely with the management team and board of directors to ensure that my transition is handled as efficiently as possible in support of the company and its shareholders. I would like to thank the Canalaska team, the board of directors and the shareholders for their support over the last five years."

About Canalaska Uranium Ltd.

Canalaska is a leading explorer of uranium in the Athabasca basin of Saskatchewan.

The company's head office is in Saskatoon, Canada with a satellite office in Vancouver.

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

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