FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
Of The Securities Exchange Act of 1934
For the month of
April
, 2014
ALBERTA STAR DEVELOPMENT CORP.
(SEC File No. 0-31172)
506 – 675 West Hastings Street
Vancouver, B.C. V6B 1N2
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under Cover Form 20-F or Form 40-F.
Form 20-F
x
Form 40-F
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes
No
x
FORM 51-102F3
Material Change Report
Section 7.1 of National Instrument 51-102
Continuous Disclosure Obligations
Item 1.
Name and Address of Company
Alberta Star Development Corp.
2300-1066 West Hastings Street
Vancouver, B.C. V6E 3X2
Item 2.
Date of Material Change
April 30, 2014
Item 3.
News Release
Issued and distributed through the facilities of Marketwire on April 30, 2014
Item 4.
Summary of Material Change
See attached copy of the April 30, 2014 News Release
Item 5.
Full Description of Material Change
See attached copy of the April 30, 2014 News Release
Item 6.
Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
N/A
Item 7.
Omitted Information
N/A
Item 8.
Executive Officer
Stuart Rogers
Telephone: (604) 689-1749
Item 9.
Date of Report
April 30, 2014
ALBERTA STAR DEVELOPMENT CORP.
2300-1066 West Hastings Street
Vancouver, B.C.
VE 3X2
April 30, 2014
TSX-V:
ASX
OTC BB:
ASXSF
FRANKFURT
: QLD
NEWS RELEASE
ALBERTA STAR announces Normal Course Issuer Bid
Alberta Star Development Corp. (TSXV: ASX; OTC BB: ASXSF)
(the “
Company
”)
announces today its intention to make a normal course issuer bid (the “
Bid
”) to purchase for cancellation, from time to time, as it considers advisable, up to 1,700,000
of its issued and outstanding common shares, being approximately 7.85% of the Company’s currently outstanding common shares and approximately 9.66% of the Company’s Public Float (as that term is defined in the policies of the TSX Venture Exchange (the “
Exchange
”)). Commencement of the Bid is subject to the approval of the Exchange. The Bid will be conducted in accordance with applicable securities laws and the policies of the Exchange. Purchases will be made on the open market through the facilities of the Exchange. Jordan Capital Markets Inc. of Vancouver, British Columbia will conduct the Bid on behalf of the Company.
The price which the Company will pay for any shares purchased by it will be the prevailing market price of such common shares on the Exchange at the time of such purchase. The Bid will commence no earlier than three trading following receipt of approval of the Exchange and will terminate on one year from such date, or such earlier time as the applicable Bid is completed or at the option of the Company.
The Company purchased 487,000 of its common shares pursuant to a normal course issuer bid during the previous 12 months.
The weighted average price paid per common share was $0.171.
The Board of Directors of the Company believes that the current and recent market prices for the Company’s common shares do not give full effect to their underlying value and that, accordingly, the purchase of common shares under the Bid will increase the proportionate share interest of, and be advantageous to, all remaining shareholders. The normal course purchases will also afford an increased degree of liquidity to current shareholders who would like to dispose of their shares and will serve to stabilize the market price for the Company’s shares.
On behalf of the Board of Directors
“STUART ROGERS”
Stuart Rogers
President
Tel: (604) 689-1749
srogers@alberta-star.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ALBERTA STAR DEVELOPMENT CORP.
Date:
May 2, 2014
By:
/s/ Stuart Rogers
Stuart Rogers
Director