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CanAlaska Uranium Completes $10M Private Placement

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CanAlaska Uranium (TSE:CVV) has released an update.

CanAlaska Uranium has successfully closed a bought deal private placement, raising nearly $10 million through the sale of 8.4 million flow-through shares. The funds will be directed towards Canadian exploration expenses related to the company’s projects in Saskatchewan. This financing move underscores CanAlaska’s commitment to advancing its strategic uranium exploration initiatives in Canada’s Athabasca Basin.

For further insights into TSE:CVV stock, check out TipRanks’ Stock Analysis page.

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