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======================================================================= Arian Silver Issue of Shares ======================================================================= London, England, Arian Silver Corporation (the "Company") (TSX VENTURE:AGQ) (AIM:AGQ) (PLUS:AGQ) (FRANKFURT:I3A) has issued 5,100,000 common shares of no par value in connection with the exercise of share purchase warrants at 10 cents (Canadian) per share. Application has been made for these shares to be admitted to London's AIM on 16 November 2010. As a result of this share issue, the Company has in issue 273,247,742 common shares, with voting rights. For further information please contact: Arian Silver Corporation Carlyle House 235-237 Vauxhall Bridge Road London SW1V 1EJ England Jim Williams - CEO (London) +44 (0)20 7963 8670 / email: jwilliams@ariansilver.com Graham Potts -- CFO & Corporate Secretary (London) +44 (0)20 7963 8670 / email: gpotts@ariansilver.com Grant Thornton Corporate Finance Gerry Beaney (London) +44 (0)20 7383 5100 / email: gerry.d.beaney@gtuk.com XCAP Securities PLC John Grant / Karen Kelly (London) +44 (0)20 7101 7070 / email: John.Grant@xcapgroup.com /Karen.Kelly@xcapgroup.com Yellow Jersey PR Limited Dominic Barretto (London) +44 (0)20 8980 3545 / email: dominic@yellowjerseypr.com CHF Investor Relations Cathy Hume (Canada) +1 416 868 1079 / email: cathy@chfir.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 informati ======================================================================= ======================================================================= .