LONDON, ENGLAND--(Marketwired - June 10, 2013) - Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A) -
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
ii |
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Arian Silver Corporation |
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2. Reason for the notification (please tick the appropriate box or boxes): |
| An acquisition or disposal of voting rights |
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X |
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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| An event changing the breakdown of voting rights |
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| Other (please specify): |
Issue of new shares |
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X |
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3. Full name of person(s) subject to the notification obligation:
iii |
Sprott Asset Management LP |
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4. Full name of shareholder(s) (if different from 3.):iv |
See section 9 |
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5. Date of the transaction and date on which the threshold is crossed or reached:
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31 May 2013 |
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6. Date on which issuer notified:
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7 June 2013 |
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7. Threshold(s) that is/are crossed or reached:
vi, vii |
15% |
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8. Notified details:
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A: Voting rights attached to shares
viii, ix |
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Class/type of shares
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Situation previous to the triggering transaction
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Resulting situation after the triggering transaction
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| if possible using the ISIN CODE |
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Number of
Shares
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Number of
Voting Rights
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Number of shares
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Number of voting rights
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% of voting rights
x
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Direct
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Direct
xi |
Indirect
xii |
Direct
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Indirect
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| Common Shares |
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48,624,738 |
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48,624,738 |
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46,603,938 |
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46,603,938 |
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14.4% |
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial instrument
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Expiration
date
xiii |
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Exercise/
Conversion Period
xiv |
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
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% of voting
rights
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
xv, xvi |
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Resulting situation after the triggering transaction
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Type of financial
instrument
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Exercise price
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Expiration date
xvii |
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Exercise/
Conversion period
xviii |
Number of voting rights instrument refers to
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% of voting rights
xix, xx |
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Nominal
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Delta
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Total (A+B+C)
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Number of voting rights
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Percentage of voting rights
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| 46,603,938 |
14.4% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
xxi |
| Sprott Asset Management LP is the portfolio manager acting on behalf of the Sprott Canadian Equity Fund, Sprott Bull/Bear RSP Fund, Sprott Hedge Fund L.P., Sprott Hedge Fund L.P. II, Sprott Master Fund Ltd., Sprott Master Fund II, Ltd., and certain Sprott managed accounts. |
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting rights:
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13. Additional information:
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14. Contact name:
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David Taylor |
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15. Contact telephone number:
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+44 (0)20 7887 6593 |
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
David Taylor
+44 (0)20 7887 6593
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