CanAlaska Uranium reports Final closing of private placement

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Tue, Dec 22, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

CanAlaska Uranium reports its completion of its private placement and has closed on an additional tranche of subscription agreements.

The Flow-Through Units were issued at a price of $0.21 per unit. Each Flow-Through Unit consists of one common share of the Company and one-half of a share purchase warrant. Each whole warrant will be exercisable into one common share at a price of $0.28 per common share for a period of 18 months from closing, expiring on June 22, 2011. The Ordinary Units were issued at a price of $0.175 per unit. Each Ordinary Unit consists of one common share of the Company and one share purchase warrant. Each warrant will be exercisable into one common share at a price of $0.28 per common share for a period of 24 months from closing, expiring on December 22, 2011.

To read the full press release click here.

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