Alberta Star Developmentannounces that it has received approval from the TSX Venture Exchange for its previously announced normal course issuer bid. Pursuant to the Bid, the Company will 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 [...]
Alberta Star Development announces today its intention to make a normal course issuer 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 [...]
TerraX Minerals and Alberta Star Development have completed the previously announced private placement whereby Alberta Star has acquired 1,300,000 units of TerraX at $0.45 per Unit for gross proceeds of $585,000. Each Unit consists of one common share and one-half of one share purchase warrant, with each full warrant entitling the holder to purchase an additional common share at an exercise price of $0.57 per share until [...]
TerraX Minerals and Alberta Star Development are pleased to announce that they have entered into an indicative term sheet pursuant to which Alberta Star can earn up to a 60% in TerraX's wholly-owned Central Canada gold project in Ontario and will subscribe for 1,300,000 units of TerraX "Units") at $0.45 per Unit for gross proceeds of $585,000. Each Unit will consist of one common share and one-half of one share purchase [...]
Alberta Star Development advises that it has acquired 406,000 of its common shares through the facilities of the TSX Venture Exchange since implementation of the normal course issuer bid on May 3, 2013. The Bid has been conducted on behalf of the Company by Jordan Capital Markets Inc. of Vancouver and will terminate on May 3, 2014 or such earlier time as the Bid is completed or at the option of the Company. The Company is [...]
Alberta Star Developmen announces that shareholders at its Annual and Special General Meeting held today voted overwhelmingly in favour of its previously announced special cash distribution by way of a reduction of stated capital of the Company in the amount of $0.08 per common share. The Company has determined that the Special Distribution will be paid on July 8, 2013, to holders of record of common shares on June 26 [...]
Alberta Star announces that it is proposing, for approval at its annual and special general meeting to be held on June 12, a special cash distribution to its shareholders derived from the proceeds received from the sale of the Company's 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 will not take place [...]
Alberta Star Development announces today that it has received approval from the TSX Venture Exchange for its previously announced normal course issuer bid. Pursuant to the Bid, the Company will purchase for cancellation, from time to time, as it considers advisable, up to 1,800,000 of its issued and outstanding common shares, being approximately 8.4% of the Company's currently outstanding common shares and approximately [...]
Alberta Star, announces today its intention to make a normal course issuer bid to purchase for cancellation, from time to time, as it considers advisable, up to 1,800,000 of its issued and outstanding common shares, being approximately 8.4% of the Company's currently outstanding common shares and approximately 9.5% of the Company's Public Float (as that term is defined in the policies of the TSX Venture Exchange (the [...]
Alberta Star Development has completed the previously announced sale of its heavy oil assets in Alberta and Saskatchewan to Petrocapita Oil and Gas L.P. of Calgary, Alberta for total net cash consideration of $1,900,513 after taking into account initial industry standard adjustments to the agreed purchase price of $1,875,000. The effective date of this transaction is March 1, 2013, with final adjustments to be calculated [...]
Alberta Star Development announced today the approval by its board of directors of an advance notice policy on April 15, 2013, which Policy, among other things, includes a provision that requires advance notice to the Company in circumstances where nominations of a person or persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to: (i) a requisition for a meeting made [...]
Alberta Star Development has entered into an agreement with an arms-length purchaser for the sale of its heavy oil assets in Alberta and Saskatchewan for total consideration of $1,875,000 payable in cash at closing, subject to industry standard adjustments. Closing is scheduled for April 22, 2013, subject to acceptance for filing by the TSX Venture Exchange.
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