AGQ

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, today
announced the Company has drawn down GBP 300,000 of its GBP 5 million Standby
Equity Distribution Agreement ("SEDA") with YA Global Master SPV Ltd ("YA"), as
announced by the Company on 27 September 2012.


Under the terms of the SEDA, the Company has allotted, conditional on admission,
4,403,160 Common Shares of no par value to YA at a price of GBP 0.068133 per
share. This price is calculated under the terms of the SEDA.


The proceeds will contribute to working capital and other costs in the
short-term, facilitating the acquisition of the El Bote mill, as announced on 15
March 2013.


An application has been made to the London Stock Exchange for 4,403,160 Common
Shares to be admitted to trading on AIM and it is expected that admission will
occur at 8.00 a.m. on 13 May 2013. The new Common Shares will rank pari passu in
all respects with the existing Common Shares. GBP 3,066,200 remains available to
the Company under this SEDA.


Following this share issue the Company has in issue 318,491,926 Common Shares
with voting rights.


FOR FURTHER INFORMATION PLEASE CONTACT: 
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 Corporate Finance
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

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