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Alberta Star Development Corp. Alberta Star Announces Grantof Stock Options

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VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 3, 2009) - Alberta Star Development Corp. (the "Company") (TSX VENTURE:ASX)(OTCBB:ASXSF)(FRANKFURT:QLD), announces that on June 26, 2009 the Board of Directors granted an aggregate of 3,950,000 options of which 3,200,000 options are granted to officers, directors and an Investor Relations Consultant of the Company. Each option represents the right to purchase one (1) common share of the Company at an exercise price of $0.20 per share for a period of five (5) years. The grant of options is subject to TSX Venture Exchange approval.

INVESTOR RELATIONS

Investors are welcomed to contact Mr. Allan Feldman, Alberta Star's Investor Relations and Corporate Communications Specialist, for all corporate updates at (604) 948-9663.

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




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