LONDON, ENGLAND--(Marketwired - Aug. 9, 2013) - Arian Silver Corporation (the "Company") (AGQ.L)(TSX VENTURE:AGQ)(I3A.F). Further to the Company's announcement on 1 August 2013, which confirmed that a Notice for the Company's General Meeting scheduled for 29 August 2013 had been sent to shareholders, the Company announces an expected timetable of principal events in relation to the proposed share consolidation.
Expected timetable of principal events
| Letter of Transmittal mailed to shareholders | 9 August 2013 | |
| Latest time and date for receipt of completed Forms of Proxy | 15:00 on 27 August 2013* | |
| General Meeting | 15:00 on 29 August 2013* | |
| Record date for Share Capital Reorganisation | 18:00 on 29 August 2013* | |
| Expected date of approval and commencement of trading on the TSX Venture Exchange | 3 September 2013 | |
| Dealings in the New Common Shares on AIM expected to commence | 3 September 2013 | |
| Expected date for crediting CREST accounts (where applicable) | 4 September 2013 | |
| Expected date by which certificates in respect of New Common Shares are to be despatched to Shareholders | 4 September 2013 |
* All times are stated in British Summer Time
There are currently 328,088,286 shares issued and outstanding; there would be approximately 32,808,829 shares issued and outstanding following the consolidation. The proposed share consolidation remains subject to TSX Venture Exchange and shareholder approval. The Company's name will remain the same post-consolidation.
Forward-Looking Information:
This press release contains certain "forward-looking information". All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the Company's proposed share consolidation constitute forward-looking information). This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company as well as certain assumptions (including that the Company will be able to obtain TSX Venture Exchange approval and shareholder approval of the proposed share consolidation). Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.