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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Elysee Development Corp (PK) | USOTC:ASXSF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.04154 | 21.12% | 0.23824 | 0.193 | 0.3345 | 0.23824 | 0.23824 | 0.23824 | 1,106 | 21:00:35 |
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 May , 2013
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.
506-675 West Hastings Street
Vancouver, B.C. V6B 1N2
Item 2.
May 13, 2013
Item 3.
News Release
Issued and distributed through the facilities of Marketwire on May 13, 2013
Item 4.
Summary of Material Change
See attached copy of the May 13, 2013 News Release
Item 5.
Full Description of Material Change
See attached copy of the May 13, 2013 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
May 13, 2013
ALBERTA STAR DEVELOPMENT CORP.
Suite 506 - 675 West Hastings Street ∙ Vancouver ∙ British Columbia ∙ V6B 1N2
NEWS RELEASE
May 13, 2013 TSX-V Trading Symbol: ASX
OTC BB Trading Symbol: ASXSF
FRANKFURT Trading Symbol : QLD
ALBERTA STAR PROPOSES SPECIAL DISTRIBUTION
Alberta Star Development Corp. (TSXV: ASX; OTC BB: ASXSF) (the Company ), announces that it is proposing, for approval at its annual and special general meeting to be held on June 12, 2013 (the Meeting ), a special cash distribution to its shareholders derived from the proceeds received from the sale of the Companys interest in its various heavy oil assets by way of a reduction of stated capital of the Company in the amount of approximately $1,800,000 (the Special Distribution ). The Special Distribution will not take place unless approved at the Meeting by a special resolution of shareholders, which requires two-thirds of the votes cast in person or by proxy. The Special Distribution will take place only upon certain conditions becoming satisfied. If approved, it is expected that the Special Distribution of approximately $0.083 per share will occur as soon as practicable after shareholder approval, with a record date for shareholders entitled to return of capital to be determined in accordance with regulatory requirements. There is no guarantee that the board of directors will act on the authority granted to it by shareholders, assuming the Special Distribution is approved, or that a reduction of capital will actually be effected. At this time it is management's intent to proceed as soon as possible with the Special Distribution, unless conditions change between the date hereof and the date of such distribution. For more information regarding the Special Distribution, including a summary of certain Canadian federal income tax considerations to shareholders, reference should be made to the management information circular prepared in respect of the Meeting available at www.sedar.com.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Stuart Rogers
Interim Chief Executive Officer
Tel: (604) 689-1749
srogers@alberta-star.com
or
Robert Hall, Corporate Development, Director
Alberta Star Development Corp.
Tel: (604) 488-0860
rthall@shaw.ca
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.
Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the Special Distribution and other matters to be considered at the Meeting. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf, except as required by applicable law.
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 13, 2013
By: /s/ Stuart Rogers
Stuart Rogers
Director
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