Marketwire
LONDON, ENGLAND--(Marketwired - Aug. 30, 2013) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. NOT FOR DISTRIBUTION IN THE UNITED STATES.
Arian Silver Corporation ("Arian" or the "Company") (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, announces following the approval of its shareholders at its general meeting held on 29 August 2013, every 10 common shares of no par value each in the capital of the Company ("Existing Shares") that were in issue as at 18:00 on 29 August 2013 will be consolidated into one new common share of no par value in the capital of the Company ("New Shares").
Any fractional entitlements arising on the consolidation of the Company's shares will be rounded up.
The New Shares arising on implementation of the consolidation of shares will have the same rights as the Existing Shares, including voting, dividend and other rights. The ISIN code for the New Shares will be VGG0472G1147 and the new CUSIP code will be G0472G114.
An application has been made for the New Shares to be admitted to trading on AIM and the TSX Venture Exchange and this is expected to become effective at 08:00 on 3 September 2013.
CREST accounts are expected to be updated on 4 September 2013 and share certificates are expected to be posted out on 4 September 2013.
Following completion of the Share Consolidation, the Company's issued share capital will consist of 32,808,942 New 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.