CanAlaska Uranium Ltd. announced non-brokered private placement for gross proceeds of up to CAD 8,000,000 on October 15, 2021. The company will issue non-flow-through units at a price of CAD 0.75 per unit; flow-through units at a price of CAD 0.88 per unit; and flow-through charity units to be sold at a price of CAD 1 per charity unit. Each non flow through unit will be comprised of one non-flow-through common share and one-half of one warrant. Each flow-through unit and charity unit will be comprised of one flow-through common share and one-half of one warrant. The warrants for all units will be the same with each whole warrant entitling the holder thereof to purchase one non-flow-through common share for a period of 2 years at a price of CAD 1. The company may pay finders' fees comprised of cash and non-transferable warrants in connection with the transaction, subject to compliance with the policies of the TSX Venture Exchange. All securities issued and sold under the transaction will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the transaction and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.