Friday, December 17, 2004 10:13:14 AM
" SVSE "
svse have over 100 million shares outstanding.
one well in california and a few other small projects on the go
there have accuired financing
Silver Star Secures $1.5 Million Bridge Financing With Cornell Capital
LOS ANGELES, CA, Nov. 29, 2004 (MARKET WIRE via COMTEX) -- Silver Star Energy, Inc. (OTC BB: SVSE) today announces that the Company has received a financing commitment from Cornell Capital Partners, LP. Under the terms of the funding agreement with Cornell Capital, Silver Star has secured a $1.5 million bridge loan and a Standby Equity Facility for a further $10 million. The Standby Equity Distribution Agreement ("SEDA") commits Cornell to provide up to $10 million of funding to Silver Star over a 24-month period.
and they trade at
1.40 cents..
im telling you all once our financing is announced were HEADING to dollars in a flash.
jmho
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