Grant of Options

February 10th, 2017

Related documents

Arian Silver Corporation (“Arian Silver” or the “Company”) reports today that, further to its 6 February 2017 statement regarding the adoption of and award under the Company’s share option plan, a further grant of an aggregate of 2,250,000 share options over Common Shares has been approved to certain key personnel including the awards to the directors listed below, exercisable at a price of £0.01 until 9 February 2022 and vesting immediately.

The grant of options includes awards made to the following directors:

Name of Director

Number of options

T. A Bailey

500,000

J. S. Cable

500,000

J.A. Crombie

500,000

Total

1,500,000

Messrs Bailey, Cable and Crombie have the following interests in Common Shares:


Director

No. Common Shares

% of issued capital

T. A. Bailey

1,314,226

0.72%

J.S. Cable

-

0.00%

J.A. Crombie

566,665

0.31%

Director

No. Share Warrants

Exercise Price

Expiry Date

T. A. Bailey

1,314,226

£0.015

27 February 2019

J.S Cable

-

-

-

J. A. Crombie

416,665

£0.015

27 February 2019

Following the grant of share options, Messrs Bailey, Cable and Crombie have the following interests in share options in the Company:

Director

No. Options

Exercise Price

Expiry Date

T.A. Bailey

25,000

500,000

£0.70

£0.01

29 May 2018

9 February 2022

J. S. Cable

25,000

500,000

£0.70

£0.01

29 May 2018

2 February 2022

J.A. Crombie

25,000

500,000

£0.70

£0.01

29 May 2018

2 February 2022

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

Arian Silver Corporation
Jim Williams, CEO
David Taylor, Company Secretary
Tel: +44 (0)20 7887 6599

Northland Capital Partners Limited
Gerry Beaney / David Hignell
Tel: +44 (0)203 861 6625

OR

OR

Beaufort Securities Limited
Jon Belliss
Tel: +44 (0)20 7382 8300

Yellow Jersey PR Limited
Charles Goodwin / Harriet Jackson
Tel: +44 (0) 7747 788 221

.