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CanAlaska Uranium Ltd. Announces Board Change

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CanAlaska Uranium (OTCQX: CVVUF, TSXV: CVV) announced that Ambassador Thomas Graham Jr. has retired from the Board effective immediately and will retain the honorary title of Chair Emeritus.

Ambassador Graham Jr. served on the board since 2007, was Chair from 2011 to 2024, and is noted for expertise in nuclear non‑proliferation.

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Positive

  • Continuity preserved via Chair Emeritus designation
  • 19 years of board experience retained in advisory capacity
  • Non‑proliferation expertise remains associated with the company

Negative

  • Retirement removes an active director with 19 years service
  • Loss of a longstanding board presence who chaired from 2011–2024

News Market Reaction – CVVUF

-1.89%
1 alert
-1.89% News Effect

On the day this news was published, CVVUF declined 1.89%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Ambassador Thomas Graham Jr. to Retire from the Board

Saskatoon, Saskatchewan--(Newsfile Corp. - April 2, 2026) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") announces that effective immediately, Ambassador Graham Jr. has elected to retire from the Board of CanAlaska Uranium Ltd. and will remain connected to CanAlaska with the continuing designation of Chair Emeritus.

Ambassador Graham Jr. has been a long-standing member of CanAlaska's Board for almost two decades. He served on various committees throughout his tenure since 2007, and as Chair from 2011 to 2024. Ambassador Thomas Graham, Jr. is one of the world's leading experts in nuclear non-proliferation. Amb. Graham Jr. has served under four successive U.S. Presidents as a senior U.S. diplomat involved in the negotiation of every major international arms control and non-proliferation agreement during that time. This includes the SALT, START, ABM, INF, NPT, CFE and CTBT Treaties. Amb. Graham Jr. has served with the U.S. Arms Control and Disarmament Agency and as the Special Representative of the President of the United States for Arms Control, Non-Proliferation, and Disarmament, in which role he successfully led U.S. government efforts to achieve the permanent extension of the Nuclear Non-Proliferation Treaty. He was appointed as a member of the International Advisory Board for the nuclear program of the United Arab Emirates in December 2009 and was Executive Chairman of Lightbridge Corporation, formerly Thorium Power, Ltd. (2006 - 2024) and is currently serving as Chairman of the Board of Mexco Energy Corporation (July 1997 - present).

"My years with CanAlaska, about two decades, were most rewarding both professionally and personally. A great company with outstanding people, most effective in pursuing their mission," said Ambassador Thomas Graham Jr., Chair Emeritus of CanAlaska.

"On behalf of the CanAlaska Board, I extend sincere gratitude and appreciation for the stewardship and guidance that Tom provided to the Company throughout his 19 years with CanAlaska. Tom's extensive board governance background and insights relating to non-proliferation were an asset to management, the Company and Board throughout his tenure. Friendships will endure long after his service has ended. Tom will maintain the honorary title of Chair Emeritus in recognition of the role he played to shape the Company and its future," said Karen Lloyd, Chair of CanAlaska.

"Once again, I take the opportunity to thank Amb. Graham Jr. for his nearly two decades of work with CanAlaska. With Tom's guidance, CanAlaska has been built, maintained through challenging times, and emerged stronger than ever. CanAlaska's future success will be in part to Tom's effort at the Board level. Thank you, Tom,"  said Cory Belyk, CEO of CanAlaska.

About CanAlaska Uranium

CanAlaska is a leading explorer of uranium in the Athabasca Basin of Saskatchewan, Canada. With a project generator model, the Company has built a large portfolio of uranium projects in the Athabasca Basin. CanAlaska owns numerous uranium properties, totaling approximately 500,000 hectares, with clearly defined targets in the Athabasca Basin covering both basement and unconformity uranium deposit potential. The Company has recently concentrated on the West McArthur high-grade uranium expansion with targets in 2024 and 2025 leading to significant success at Pike Zone. Fully financed for the 2026 drill season, CanAlaska is focused on uranium deposit discovery and delineation in a safe and secure jurisdiction. The Company has the right team in place with a track record of discovery and projects that are located next to critical mine and mill infrastructure.

The Company's head office is in Saskatoon, Saskatchewan, Canada with a satellite office in Vancouver, BC, Canada.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is Nathan Bridge, MSc., P. Geo., Vice-President Exploration for CanAlaska Uranium Ltd., who has reviewed and approved its contents.

On behalf of the Board of Directors
"Cory Belyk"
Cory Belyk, P.Geo., FGC
CEO, President and Director
CanAlaska Uranium Ltd.

Contacts:

Cory Belyk, CEO and PresidentGeneral Enquiry
Tel: +1.306.668.6900Tel: +1.306.668.6915
Email: cbelyk@canalaska.comEmail: info@canalaska.com

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking information

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Actual events or results may differ materially from those projected in the forward-looking statements and the Company cautions against placing undue reliance thereon.

The Company believes that the expectations reflected in forward-looking statements included herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assumes any obligation, to revise or update these forward-looking statements, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290939

FAQ

Why did CanAlaska (CVVUF) announce Ambassador Thomas Graham Jr.'s retirement on April 2, 2026?

He elected to retire from the Board effective immediately, while retaining an honorary role as Chair Emeritus. According to CanAlaska, the retirement follows nearly two decades of service and the company will maintain his connection through the Chair Emeritus designation.

What roles did Ambassador Thomas Graham Jr. hold at CanAlaska (CVVUF) before retiring in 2026?

He served as a board member since 2007 and was Chair from 2011 to 2024. According to CanAlaska, his tenure included service on multiple committees and nearly two decades of governance contributions to the company.

How will Ambassador Graham Jr.'s retirement affect CanAlaska (CVVUF) board continuity and governance?

The company retains continuity through his honorary title of Chair Emeritus while he steps down as an active director. According to CanAlaska, this preserves advisory access to his governance and non‑proliferation expertise without an active board seat.

Does CanAlaska (CVVUF) say Ambassador Graham Jr. will continue advising after April 2, 2026?

Yes — he will remain connected to the company with the continuing designation of Chair Emeritus. According to CanAlaska, this reflects ongoing advisory association despite his retirement from the Board.

How long did Ambassador Thomas Graham Jr. serve on CanAlaska's (CVVUF) board before retiring in 2026?

He served on the board for nearly two decades, joining in 2007 and retiring in 2026. According to CanAlaska, his tenure totaled about 19 years, including service as Chair from 2011 to 2024.