NewsNovember 30, 2010
Arian Silver Announces Directors and Officers Share Dealings and Issue of Shares
LONDON, ENGLAND--(Marketwire - Nov. 30, 2010) - 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
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.