UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
March 12, 2004
Date of Report (Date of earliest event reported):
Commission File Number: 333-102930
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SILVER STAR ENERGY, INC.
(Exact name of registrant as specified in its charter)
Nevada 98-0385312
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
323-595 Howe Street, Vancouver, British Columbia, Canada V6C 2T5
(Address of principal executive offices)
(604) 682-8468
(Issuer's telephone number, including area code)
Item 5. Other Events.
On March 12, 2004, Silver Star Energy, Inc. (the "Company") entered into an agreement with Naomi Johnston ("Johnston") wherein Johnston agreed that she would surrender, for cancellation, 12,300,000 shares of the Company's common stock.
Also on March 12, 2004, the Company entered into an agreement with Sak Narwal ("Narwal") wherein Narwal agreed to surrender, for cancellation, 12,300,000 shares of the Company's common stock.
This reduction in the total number of shares issued and outstanding was conducted pursuant to the request of a financing group. The reduction is a condition precedent to their agreement to provide funding for the Company. After cancellation of the above shares, the Company will have a total of 82,867,512 shares of common stock issued and outstanding.
Dated: March 18, 2004
SILVER STAR ENERGY, INC.
/s/ Robert McIntosh
Robert McIntosh,
President
