CanAlaska Executes Exploration Agreement with Kineepik Métis Local Inc.
Press Release
Agreement Provides for a Sustainable Future for CanAlaska and Communities Near its Projects in the Athabasca Basin
Saskatoon, Canada, March 24, 2026 – CanAlaska Uranium Ltd. (TSX-V: CVV; OTCQX:
CVVUF; Frankfurt: DH7) (“CanAlaska” or the “Company”) is pleased to announce it has signed an exploration agreement with Kineepik Métis Local Inc. (“KML”) to strengthen their relationship.
With extensive land holdings, roughly 500,000 hectares (1,235,000 acres) and uranium exploration targets in Saskatchewan’s Athabasca Basin some of which are in the traditional lands of KML territories, CanAlaska is dedicated to building a sustainable future for its company and the communities near which it explores. By entering into this agreement, CanAlaska is demonstrating this commitment. Similarly, KML seeks to work collaboratively with exploration and mining companies operating within its territory. As such, this agreement is founded on KML’s commitment to ensuring the continued protection of their home while exercising their duty to ensure the ethical harvesting of resources throughout that home.
“Kineepik Métis Local have signed an Exploration Agreement with CanAlaska to ensure that we are always included in the process of development. These agreements ensure that we are involved in the exploration that continues to impact our communities. We have many opportunities to monitor the environmental impacts, gain meaningful employment, expanding our community businesses and allows our communities to improve life for all residents by being a part of the process” said Mike Natomagan, President, Kineepik Métis Local Inc.
“As a leading explorer and generator of uranium projects in the Athabasca Basin, we value the strength that working in partnership with the people of Kineepik brings to our exploration activities in Saskatchewan. In turn, by signing this agreement and engaging in respectful and meaningful ways with Kineepik, we are proud to be able to contribute to their stewardship of the land” said Cory Belyk, CEO of CanAlaska.
About Kineepik Métis Local Inc.
The Northern Village of Pinehouse (NVP) is located within the traditional land and occupancy area of the Indigenous people of Kineepik Métis Local (KML). The lands surrounding the Missinippi (Churchill River) watershed have supported the gathering of food, shelter, and essential materials since time immemorial.
As a result of the strong, collaborative relationship between KML and NVP, residents routinely benefit from significant employment and business opportunities associated with projects occurring within KML territory. Our community takes great pride in the work ethic of KML and NVP citizens, who consistently contribute to the wellbeing of both the community and the province.
Through community-owned businesses, local profits have been reinvested into priority projects such as energy-efficient housing, youth infrastructure including the community hockey arena, and a 12-unit Elders’ housing facility, demonstrating our commitment to building a strong, sustainable future.
On behalf of the Board of Directors
“Mike Natomagan”
Mike Natomagan
President
Kineepik Métis Local
Contacts:
Rosalena Smith, Executive Director
Tel: +1.306.884.0001
Email: rsmith@kineepik.ca
IBF5
