Arian Silver Corporation
TSX VENTURE : AGQ
AIM : AGQ
FRANKFURT : I3A
PLUS : AGQ

Arian Silver Corporation

January 20, 2011 02:00 ET

Arian Silver Corporation: Grant of Options to Directors and Share Interest

LONDON, ENGLAND--(Marketwire - Jan. 20, 2011) - Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A)

Grant of Options

Transaction notified on 19 January 2011 relating to grant of stock options under the Company's Stock Option Plan as follows:

A J Williams – option granted in respect of 3,500,000 common shares of no par value. Total of 4,250,000 options in respect of common shares of no par value now held:

J T Williams – option granted in respect of 3,500,000 common shares of no par value. Total of 4,250,000 options in respect of common shares of no par value now held:

T A Bailey – option granted in respect of 650,000 common shares of no par value. Total of 850,000 options in respect of common shares of no par value now held:

J S Cable – option granted in respect of 650,000 common shares of no par value. Total of 850,000 options in respect of common shares of no par value now held:

J A Crombie – option granted in respect of 650,000 common shares of no par value. Total of 1,200,000 options in respect of common shares of no par value now held:

Option terms: options granted on 19 January 2011 exercisable at 49.25p or Cdn$0.79 per share up to 18 January 2016, subject to a four months hold period from date of grant.

Share Interest

The Company received a notification on 19 January 2011 that Mr R Humphreys has an aggregate interest in 11,271,500 common shares representing approximately 3.74% of the voting rights of the Company, compared to an interest in 13,999,500 common shares previously disclosed.

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