CanAlaska Winter Budgets and Shareholder Update

Toronto Stock Exchange (TSX): CVV 
VANCOUVER, Dec. 27, 2013 /CNW/ - CanAlaska Uranium Ltd. (TSX - CVV) 
("CanAlaska" or the "Company") announces that trading of its common shares 
will be transferred to the TSX Venture Exchange on December 30, 2013. 
The Company has recently entered into project option agreements on the 
Patterson Lake and the NW Manitoba Uranium projects, with respective initial 
work commitments of $1.5M and $3.2M. Work has commenced on each of these 
projects, the results of which are expected to be available in the first 
quarter 2014. 
At Patterson Lake, airborne surveys have been contracted and survey work is 
imminent. At NW Manitoba the current interest is drill testing of high grade 
near-surface uranium mineralization. This is well supported by the geology and 
mineralization found on the property to date. The $11.6M project option 
will allow CanAlaska shareholders to benefit from significant exploration on 
one of our advanced properties without suffering the effects of share dilution 
in the current market. 
The Company has also been in discussion with a number of other industry 
participants concerning its advanced projects in the Athabasca. These 
discussions are progressing under confidentiality agreements. The Company has 
reduced its own direct project costs. To this end MC Resources Canada Ltd, a 
subsidiary of Mitsubishi Corporation, and CanAlaska have allocated a net 
maintenance budget of $98,850 for the 2014 JV expenditure on the West McArthur 
project. The Cree East Project, financed by CanAlaska's Korean Partners, 
Hanwha, SK, KORES and KEPCO, has adopted a winter budget of $408,163, to allow 
detailed gravity and radon surveys, as well as ground EM and resistivity 
within the area of ZONE B. 
At Cree East, a summer drill program to test target B has been approved, 
subject to additional financing following the winter ground work. The Cree 
East project has a number of large alteration zones caused by hydrothermal 
fluids interacting with rocks at the unconformity and the overlying 
sandstone. These alteration zones show the characteristics of alteration at 
active mines elsewhere in the Athabasca. The largest and most intense target 
on the property is located at ZONE B. This target has been detailed in 
previous news releases, but, in summary, drilling has intersected a major 50 
meter offset at the unconformity, coincident with a quartz ridge, intense 
sandstone silicification/ de-silicification and sandstone column collapse, 
extending from the unconformity at 400 metres to surface. 
The recent announcement of the discovery of a new diamond area, east of La 
Ronge, Saskatchewan, has drawn significant interest to the 12 target areas 
staked by the Company earlier this year. These are non-core assets and the 
Company has these claims for sale or option. Each claim group covers 
selected geophysical targets with distinct magnetic signatures similar to 
kimberlite targets in the area. 
Shareholders and investors can review detailed information on all the 
Company's 18 uranium projects and joint ventures on the Company's website at 
Peter Dasler, M.Sc., P Geo. is the qualified person responsible for this news 
About CanAlaska Uranium 
undertaken uranium exploration on multiple uranium projects in 
Canada'sAthabasca Basin -- the "Saudi Arabia of Uranium" since 2005. The 
Company has major international partners for its West McArthur and Cree East 
properties, and is concentrating its activities on these advanced projects. 
For more information, visit 
On behalf of the Board of Directors 
Peter Dasler, M.Sc., P.Geo., President & CEO, 
CanAlaska Uranium Ltd. 
The TSX has not reviewed and does not accept responsibility for the adequacy 
or accuracy of this release: CUSIP# 13708P 20 1. This news release contains 
certain "Forward-Looking Statements" within the meaning of Section 21E of the 
United States Securities Exchange Act of 1934, as amended. All statements, 
other than statements of historical fact, included herein are forward-looking 
statements that involve various risks and uncertainties. There can be no 
assurance that such statements will prove to be accurate, and actual results 
and future events could differ materially from those anticipated in such 
statements. Important factors that could cause actual results to differ 
materially from the Company's expectations are disclosed in the Company's 
documents filed from time to time with the British Columbia Securities 
Commission and the United States Securities & Exchange Commission.

SOURCE  CanAlaska Uranium Ltd. 
Contact: Peter Dasler, President and CEO. Tel: +1.604.688.3211 x 138 
To view this news release in HTML formatting, please use the following URL: 
CO: CanAlaska Uranium Ltd.
ST: British Columbia
-0- Dec/27/2013 18:49 GMT
Press spacebar to pause and continue. Press esc to stop.