Arian Silver Corporation: Holding(s) in Company
11.03.2013 | Marketwired
LONDON, ENGLAND -- (Marketwire) -- 03/11/13 -- Arian Silver Corporation (TSX VENTURE: AGQ)(AIM: AGQ)(FRANKFURT: I3A)
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer of Arian Silver
existing shares to which voting rights are attached:ii Corporation
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2. Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights x
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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):
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3. Full name of person(s) subject to the notification Sprott Asset
obligation:iii Management LP
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4. Full name of shareholder(s) (if different from See section 9
3.):iv
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5. Date of the transaction and date on which the 1 March 2013
threshold is crossed or reached:v
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6. Date on which issuer notified: 7 March 2013
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7. Threshold(s) that is/are crossed or reached:vi, vii 16%
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8. Notified details:
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A: Voting rights attached to shares viii, ix
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Class/ Situation previous to Resulting situation after the triggering
type of the triggering transaction
shares transaction
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if Number of Number of Number of Number of voting % of voting
possible Shares Voting shares rights rights x
using the Rights
ISIN CODE
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Direct Direct Indirect Direct Indirect
xi xii
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Common 51,119,988 51,119,988 48,624,738 48,624,738 15.7%
Shares
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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 Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion rights that may be rights
Period xiv acquired if the
instrument is
exercised/
converted.
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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 Exercise Expiration Exercise/ Number of % of voting
financial price date xvii Conversion voting rights rights xix, xx
instrument period xviii instrument
refers to
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Nominal Delta
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Total (A+B+C)
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Number of voting rights Percentage of voting rights
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48,624,738 15.7%
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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
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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: David Taylor
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15. Contact telephone number: +44 (0)20 7887 6593
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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.
Contacts:
Arian Silver Corporation
David Taylor
+44 (0)20 7887 6593
