AGREEMENT

Exhibit 10.7

AGREEMENT

This Agreement is entered into as of July 22, 2013 between Silverstar Mining Corp., a Nevada corporation (“Silverstar” or the “Company”) and Nottingham Group (“Lender”).

WHEREAS, on or about January 25, 2011 Lender loaned Silverstar $16,000; and

WHEREAS, the loan agreement has been memorialized in a demand note dated Hanuary 25, 2011; and

WHEREAS, Silverstar does not have sufficient funds to satisfy the loan obligations; and

WHEREAS, on July 22, 2013 the Company’s Board of Directors approved a plan whereby debt holders could convert their loan into shares of common stock at a conversion rate of $0.35 per share; and

WHEREAS, Lender has agreed to exchange the loan obligation(s) for the convertible debenture;

NOW THEREFORE, in consideration of the mutual covenants contained herein, and other good and valuable consideration, receipt of which is hereby acknowledged, it is mutually agreed that:

1. SilverStar shall execute the attached convertible debenture solely in exchange for the $16,000 loan plus accrued interest made by Lender to Silverstar.

2. Upon execution of the convertible debenture, all sums otherwise due and payable by Silverstar are hereby incorporated in the convertible debenture. In case of default, Lender’s sole remedy shall be pursuant to the Convertible Debenture.

3. This Agreement shall be governed by and construed in accordance with the laws of the state of Nevada. Jurisdiction for any dispute shall be in the state of Nevada. In the event of any litigation, the prevailing party shall be entitled to recover all costs including attorney fees.

4. Each party acknowledges and represents that each party has either retained independent legal counsel or had sufficient time to retain independent legal counsel to review this Agreement and the Convertible Debenture.

This Agreement is executed this 22^nd day of July, 2013

Silverstar Mining Corp.
BY:	/s /Xxxx Xxxxxxxx
	Xxxx Xxxxxxxx
ITS:	CEO
Lender
BY:	/s /Xxxxxxx Xxxxxx
	Xxxxxxx Xxxxxx
ITS:	Authorized Signatory