Investors

Investors

Press Releases

 Fri Nov 9, 2012
Arian Silver Issue of Shares

 London, England, Arian Silver Corporation ("Arian" or the "Company") (TSXV: AGQ) (AIM: AGQ) (FRANKFURT: I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the Company has drawn down £360,000 of its £5 million Standby Equity Distribution Agreement ("SEDA") with YA Global Master SPV Ltd ('YA'), announced by the Company on 27 September 2012.

Under the terms of the SEDA, the Company has allotted, conditional on admission, 2,209,390 Common Shares of no par value to YA at a price of £0.162941 pence per share. This price is calculated under the terms of the SEDA.

An application has been made to the London Stock Exchange for 2,209,390 common shares to be admitted to trading on AIM and it is expected that admission will occur at 8.00 a.m. on 15 November 2012. The new common shares will rank pari passu in all respects with the existing common shares.

Following this share issue the Company has in issue 303,923,502 with voting rights.

For further information please contact:

Arian Silver Corporation
Berkeley Square House
Berkeley Square
London
W1J 6BD
England

OR

Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7887 6599
jwilliams@ariansilver.com

OR

Arian Silver Corporation
David Taylor
Company Secretary
(London) +44 (0)20 7887 6599
dtaylor@ariansilver.com

OR

Grant Thornton Corporate Finance
Gerry Beaney / David Hignell
(London) +44 (0)20 7383 5100
gerry.d.beaney@uk.gt.com

OR

XCAP Securities PLC
Jon Belliss
(London) +44 (0)20 7101 7070
jon.belliss@xcapgroup.com

OR

Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)7768537739
dominic@yellowjerseypr.com

OR

CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239
juliet@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 information contained herein.
 
 

You can view the Next Press Releases item: Wed Nov 14, 2012, Arian Silver Appoints Joint Broker

You can view the Previous Press Releases item: Thu Nov 1, 2012, Arian Silver's MD&A And Results For The Three And Nine Months Ended 30 September 2012

You can return to the main Press Releases page, or press the Back button on your browser.

Email 'Arian Silver Issue of Shares' to a friendShow printable version of 'Arian Silver Issue of Shares' in a New Window