Arian Silver Corporation

Arian Silver Corporation

June 24, 2008 12:57 ET

Arian Silver Corporation Engages CHF Investor Relations

LONDON, UNITED KINGDOM--(Marketwire - June 24, 2008) - Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A) ("Arian" or the "Company") today announced that, subject to TSX Venture Exchange approval, it has retained CHF Investor Relations (Cavalcanti Hume Funfer Inc., "CHF"), Canada's only IR firm whose management team's combined experience possesses more than 80 years covering brokerage, trading, financial analysis, and investment sales, over and above their work in IR.

Jim Williams, CEO of Arian Silver, commented, "The pro-active approach to investor relations is what attracted us to CHF. Building our audience of investment professionals will surely build additional interest in Arian Silver as we advance our Mexican projects forward."

Effective immediately, CHF will provide comprehensive investor relations and market-making services for a fixed term of twelve months to June 19, 2009. Thereafter, services may continue on an open-ended basis whereby cancellation by either party requires three months' notice. CHF will be paid a monthly fee of $7,500 plus allowable disbursements. Additionally, subject to regulatory approval, Arian Silver has agreed to grant incentive stock options to CHF in the amount of:

- 112,500 @$.30;
- 112,500 @$0.40;
- 112,500 @$0.50; and
- 112,500 @$0.60;
- all valid for two years and subject to a vesting schedule over twelve

About CHF Investor Relations

CHF's effective role is acting as a public company's outsourced, low-cost equivalent to an internal investor relations department. CHF serves an international portfolio of TSX/Venture-listed companies and others seeking to list on North American Exchanges, that operate in a broad range of industries including high-tech, industrial and business solutions, niche financial products, oil & gas, mining exploration and producers, telecommunications, and "green" companies. The depth of capital market experience is formidable dating back to the late 1970's. When all the years are combined the firm boasts well over eight decades of experience which is unrivalled by any other IR firm in Canada. CHF's head office is in Toronto, with another Canadian office in Calgary; as well as branch offices in New York, USA; Sao Paulo, Brazil; and Shanghai, China.

About Arian Silver Corporation

Arian Silver Corporation is a silver exploration and development company listed on London's AIM (AGQ) and "PLUS" (AGQ) exchanges; on Toronto's TSX Venture Exchange (AGQ); and on the Frankfurt Stock Exchange (I3A). Arian Silver is active in Mexico, the world's second largest silver producing nation. The Company's three key projects are the San Jose and Calicanto projects in Zacatecas State and the Tepal project in Michoacan State. Part of Arian Silver's forward-looking strategy lies in the envisaged use of large-scale mechanized mining techniques over wider mineralized structures and to further build up National Instrument 43-101 compliant resources.

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This release was prepared by Management of Arian Silver Corporation and as such the Exchanges have not reviewed and do not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Arian Silver Corporation
    Jim Williams
    +44 20 7529 7511
    Arian Silver Corporation
    Fuad Sillem
    Investor Relations
    +44 20 7529 7511
    CHF Investor Relations
    Alison Tullis
    Senior Account Manager
    (416) 868-1079 ext. 233