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EXCEL - IDEA: XBRL DOCUMENT - SILVERSTAR MINING CORP.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - SILVERSTAR MINING CORP.R6.htm
XML - IDEA: XBRL DOCUMENT - SILVERSTAR MINING CORP.R1.htm
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XML - IDEA: XBRL DOCUMENT - SILVERSTAR MINING CORP.R31.htm
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EX-32.1 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - SILVERSTAR MINING CORP.ex32-1.htm
EX-32.2 - SILVERSTAR MINING CORP.ex32-2.htm
EX-31.1 - OFFICER S CERTIFICATION PURSUANT TO SECTION 302 OF SARBANES OXLEY ACT - SILVERSTAR MINING CORP.ex31-1.htm
XML - IDEA: XBRL DOCUMENT - SILVERSTAR MINING CORP.R27.htm
XML - IDEA: XBRL DOCUMENT - SILVERSTAR MINING CORP.R38.htm
10-K - SILVERSTAR MINING CORP.form10k.htm
XML - IDEA: XBRL DOCUMENT - SILVERSTAR MINING CORP.R19.htm
EX-31.2 - OFFICER S CERTIFICATION PURSUANT TO SECTION 302 OF SARBANES OXLEY ACT - SILVERSTAR MINING CORP.ex31-2.htm
v2.4.0.6
Supplemental Disclosures With Respect to Cash Flows
12 Months Ended
Sep. 30, 2012
Supplemental Disclosures with Respect to Cash Flows (Note 13)  
Supplemental Disclosures With Respect to Cash Flows

13. Supplemental Disclosures with Respect to Cash Flows

 

On 24 July 2008, the Company issued 4,334 common shares of the Company valued at $650,100 to acquire 100% of the issued and outstanding common shares of Silverdale (Note 10).

 

On 30 September 2008, a former director and officer of the Company returned to treasury 15,000 common shares of the Company for proceeds of $Nil. These shares were cancelled during the year ended 30 September 2008 (Note 10).

 

On 30 September 2009, a former directors and officers of the Company returned to treasury 4,100 common shares of the Company for proceeds of $Nil. These shares were cancelled during the year ended 30 September 2009 (Note 10).

 

During the year ended 30 September 2009, an officer and director of the Company made contributions to capital for management fees in the amount of $22,000 (2008 - $9,000, 2007 - $18,000) and rent in the amount of $4,500 (2008 - $3,000, 2007 - $6,000) (Notes 9 and 10).

 

During the year ended 30 September 2009, former officer of the Company forgave loans to the Company totaling $39,000. This loan forgiveness has been recorded as contributions to capital (Notes 9 and 10).

 

During the year ended 30 September 2009, the Company accrued interest of $616 related to the convertible debentures and $15,000 related to authorization of debt discount (Note 7).

 

During the year ended 30 September 2010, the Company accrued interest of $4,186 related to the convertible debentures (Note 7) and demand loans and $7,500 related to the issuance of 250 post reverse share issuance liability (Note 8).

 

On 22 December 2011 the Company completed a public offering of securities pursuant to an exemption provided by Rule 504 of Regulation D, registered in the State of Nevada, and issued 125,000 common shares for total cash proceeds of $50,000.

 

On 22 December 2011 the Company issues 2,000 shares in accordance with the terms of the ABH Claims Purchase and Sale Agreement (Note 5) with a value of $320. The valuation was based on the closing price of the shares on 22 December 2011.

 

During the year ended 30 September 2012, the Company accrued interest of $12,380 (2011 - $8,094) related to the convertible debentures (Note 7) and demand loans (Note 8).

 

During the year ended 30 September 2012, an officer and director of the Company made contributions to capital for management fees in the amount of $18,000 (2011 - $18,000, 2010 - $18,000, 2009 - $22,000, 2008 - $9,000, 2007 - $18,000) and rent in the amount of $6,000 (2011 - $6,000, 2010 - $6,000, 2009 - $4,500, 2008 - $3,000, 2007 - $6,000) (Note 11).