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Re: Press Releases - Tuesday, September 28, 2010
Arian Silver Receives Updated Report from Edison Research
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London, England - Arian Silver Corporation ("Arian" or the "Company"),
who is in the process of becoming a self-funded exploration and
development company with a producing asset in Mexico, today reports
that Edison Investment Research published an updated report on the
company entitled "Production Agreement".
In summary, the report says:
"Arian Silver's announcement that it has signed the necessary contracts
to put its San Jose mine into production represents an important
milestone in the evolution of the company and advances the expectation
of profits, cash-flow and exploration success. As a result of these
developments, Arian anticipates becoming cash-flow positive in the
fourth quarter of 2010 and allows us to update and crystallise our
forecasts and valuation of the company."
To read the report, please visit:
http://www.ariansilver.com/s/Researchreport.asp.
About the Company
Arian is a silver exploration and development company and is listed on
London's AIM; trades on London's "PLUS" market; is listed on Toronto's
TSX Venture Exchange and on the Frankfurt Stock Exchange. Arian is
active in Mexico, the world's second largest silver producing country.
The Company's main project is San Jos� in Zacatecas State. Arian's
Tepal project in Michoac�n State is subject to an exclusive purchase
option to Geologix Explorations Inc. Part of Arian's forward-looking
strategy lies in the envisaged use of large scale mechanized mining
techniques over wider mineralized structures, which reduces the overall
unit operating cost of metals, and to build up NI 43-101 and/or JORC
compliant resources.
Edison Investment Research Lincoln House
296-302 High Holborn, London, WC1V 7JH
Tel: +44 (0)20 3077 5700
Fax: +44 (0)20 3077 5750
Email: enquiries@edisoninvestmentresearch.co.uk
www.edisoninvestmentresearch.co.uk
Registered in England, no. 4794244. Copyright 2010 all rights reserved
Edison Investment Research Limited. Authorised and Regulated by the
Financial Services Authority.
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
Alison Tullis
(Canada) +1 416 868 1079 Ext. 233 / email: alison@chfir.com
Further information can be found by visiting Arian's website:
www.ariansilver.com or the Company's publicly available records at
www.sedar.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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Copyright (c) 2010 ARIAN SILVER CORPORATION (AGQ) All rights reserved.
For more information visit our website at http://www.ariansilver.com/
or send mailto:info@ariansilver.com
Message sent on Tue Sep 28, 2010 at 8:11:13 AM Pacific Time
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Arian Silver Corporation
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PRODUCER |
CODE : AGQ.V |
ISIN : VGG0472G1063 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Arian Silver is a silver producing company based in United kingdom. Arian Silver produces silver, gold, lead and zinc in Mexico, and holds various exploration projects in Mexico. Its main asset in production is SAN JOSÉ ZACATECAS in Mexico and its main exploration properties are SAN CELSO and CALICANTO in Mexico. Arian Silver is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 41.4 millions as of today (€ 39.0 millions). Its stock quote reached its lowest recent point on December 12, 2008 at CA$ 0.03, and its highest recent level on January 07, 2011 at CA$ 8.90. Arian Silver has 318 491 926 shares outstanding. |