03:26 PM EST - CanAlaska Uranium Ltd. : Announced that Northern Uranium Corp. has elected to acquire an 80% interest in the Company's Northwest Manitoba (NW Manitoba) by incurring further expenditures of $5.6 million on the project over the next two years. Northern Uranium exercised its option to acquire a 70% interest in the property having reported it spent $6 million on property exploration. Northern will now issue CanAlaska a further five million shares and 2.5 million share purchase warrants. CanAlaska Uranium Ltd.
shares V.CVV are trading unchanged at $0.16.
