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Arian Silver Grant of Share Options

ASLRF, AGQ
Arian Silver Grant of Share Options

LONDON, ENGLAND--(Marketwired - May 31, 2013) - Arian Silver Corporation (the "Company") (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A) today announces the grant of options to Directors and Eligible Persons (as defined in the rules of the Company's share option plan) as follows:

A J Williams - option granted in respect of 2,000,000 common shares of no par value.

J T Williams - option granted in respect of 2,000,000 common shares of no par value.

T A Bailey - option granted in respect of 250,000 common shares of no par value.

J S Cable - option granted in respect of 250,000 common shares of no par value.

J A Crombie - option granted in respect of 250,000 common shares of no par value.

Eligible Persons (as defined under the terms of the share option plan) other than directors as stated above - options granted in respect of an aggregate of 3,700,000 common shares of no par value.

Option terms: options granted on 30 May 2013 exercisable at £0.07 or C$0.109123 per share up to 29 May 2018, subject to a four months hold period from date of grant.

Summary of directors' interests in shares

Name Number of
securities
underlying
unexercised
options (#)

Option
exercise
price
Option
expiration
date
Number
of shares
currently
held (#)
Total
Voting
Rights
Currently
Held
Anthony J. Williams 750,000
3,500,000
2,000,000
£0.1200/C$0.25
£0.4925/C$0.79
£0.07/C$0.109123
4 June 2013
18 January 2016
29 May 2018
2,200,000 0.69%
James T. Williams 750,000
3,500,000
2,000,000
£0.1200/C$0.25
£0.4925/C$0.79
£0.07/C$0.109123
4 June 2013
18 January 2016
29 May 2018
4,800,000 1.51%
Thomas A. Bailey 200,000
650,000
250,000
£0.055/C$0.10
£0.4925/C$0.79
£0.07/C$0.109123
16 July 2014
18 January 2016
29 May 2018
2,000 <0.01%
James S. Cable 200,000
650,000
250,000
£0.055/C$0.10
£0.4925/C$0.79
£0.07/C$0.109123
16 July 2014
18 January 2016
29 May 2018
Nil 0%
James A. Crombie 550,000
650,000
250,000
£0.055/C$0.10
£0.4925/C$0.79
£0.07/C$0.109123
16 July 2014
18 January 2016
29 May 2018
1,500,000 0.47%

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.

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


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


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


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


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


CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239
juliet@chfir.com
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