ASX

Alberta Star Development Corp. (TSX VENTURE:ASX)(OTCBB:ASXSF)(FRANKFURT:QLD)
(the "Company") announces that it has received approval from the TSX Venture
Exchange (the "Exchange") for its previously announced normal course issuer bid
(the "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% of the Company's Public Float
(as that term is defined in the policies of the TSX Venture Exchange). The Bid
will commence on May 7, 2014 and will terminate on May 6, 2015, or such earlier
time as the Bid is completed or at the option of the Company. Jordan Capital
Markets Inc. of Vancouver, British Columbia will conduct the Bid on behalf of
the Company.


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. During the previous 12 months, the Company purchased
467,500 of its common shares pursuant to a normal course issuer bid at a
weighted average price per common share of $0.17. In accordance with Exchange
policies, the Company will include a summary of the Bid in the management
information circular to be mailed to shareholders of the Company in respect of
its next meeting of shareholders, which mailing is expected to take place in
June, 2014.


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, President

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 conduct
of the Bid. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alberta Star Development Corp.
Stuart Rogers
President
(604) 689-1749
srogers@alberta-star.com

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