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London,
England, Arian Silver Corporation (the "Company") (TSX VENTURE:AGQ) (AIM:AGQ) (PLUS:AGQ) (FRANKFURT:I3A) has issued a
total of 8.7 million Common Shares of no par value ("Common
Shares") in connection with the exercise of 6.5 million share purchase
options at 5.5p per share and the exercise of 2.2 million share purchase
warrants at 10 cents (Canadian) per share.
Application has been made for these shares to be admitted to London's AIM on
3 December 2010.
As a result of this share issue, the Company has in issue 281,947,742 Common
Shares, with voting rights.
Directors and officers exercise of options and share dealings
XCAP Securities PLC, Arian's UK Broker, has placed a total of 6.7 million
shares on behalf of the following directors and officers.
On 29 November 2010 the Company was notified of the following transactions,
which had taken place on the same day and relate to the exercise of share
purchase options at 5.5p per share and shares sales at 31p per share.
Name Options exercised Shares sold
A J Williams 2,250,000 2,250,000
J T Williams 2,250,000 2,250,000
T A Bailey 350,000 350,000
J S Cable 350,000 350,000
G A Potts 1,300,000 1,500,000
Following these transactions the directors' aggregate shareholdings remain
unchanged at 10,300,000 shares representing 3.7% of the enlarged issued share
capital. Their individual shareholdings are:
A J Williams -- 2,000,000 Common Shares
J T Williams -- 6,800,000 Common Shares
J A Crombie -- 1,500,000 Common Shares
For further information please contact:
Arian Silver Corporation
Carlyle House
235-237 Vauxhall Bridge Road
London SW1V 1EJ
England
OR
Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7963 8670
jwilliams@ariansilver.com
OR
Arian Silver Corporation
Graham Potts
CFO & Corporate Secretary
(London) +44 (0)20 7963 8670
gpotts@ariansilver.com
OR
Grant Thornton Corporate Finance
Gerry Beaney
(London) +44 (0)20 7383 5100
gerry.d.beaney@gtuk.com
OR
XCAP Securities PLC
John Grant / Karen Kelly
(London) +44 (0)20 7101 7070
John.Grant@xcapgroup.com / Karen.Kelly@xcapgroup.com
OR
Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)20 8980 3545
dominic@yellowjerseypr.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) and no
stock exchange, securities commission or other regulatory authority accepts
responsibility for the adequacy or accuracy of this release nor approved or
disapproved of the information contained herein.
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