Share Price Movement
LONDON, ENGLAND -- (Marketwired) -- 04/22/13 -- 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 Zacatecas silver belt of Mexico, notes the recent decline in the Company's share price. The Board of Directors reaffirm that the fundamentals for silver and the investment opportunity for Arian Silver have not changed in the short-term.
Demand for silver as an industrial component is sustained and the Company's 15 March 2013 statement regarding the intended acquisition of a processing plant with a capacity of up to 1,500 tonnes per day of silver-lead-zinc ore is a significant milestone for the Company.
The Company confirms financing talks are continuing in line with expectations and there has been no significant development in this regard to justify any share price movement.
The foregoing release contains forward-looking statements that can be identified by terminology such as "will," "would," "expected," "potential," "would be," or similar expressions, regarding discussions relating to the fundraising and due diligence programmes. Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause the outcome of events to be materially different from management's current expectations. There can be no guarantee of the outcome of either the fundraising or the due diligence programmes. Arian will make additional releases in respect of the foregoing, but does not undertake to update any forward-looking statements in this document should one or more of these risks or uncertainties materialise, or should underlying assumptions prove incorrect, or actual results may vary materially from those anticipated, believed, estimated or expected.
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
Jim Williams
CEO
(London) +44 (0)20 7887 6599
jwilliams@ariansilver.com
Arian Silver Corporation
David Taylor
Company Secretary
(London) +44 (0)20 7887 6599
dtaylor@ariansilver.com
Grant Thornton UK LLP
Gerry Beaney / Philip Secrett / David Hignell
(London) +44 (0)20 7383 5100
gerry.d.beaney@uk.gt.com
Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)7768537739
dominic@yellowjerseypr.com
XCAP Securities PLC
Jon Belliss
(London) +44 (0)20 7101 7070
jon.belliss@xcapgroup.com
CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239
juliet@chfir.com