Arian Silver Corporation (the “Company”) is pleased to announce that further to the Company’s press release dated 27 October 2016 regarding the extension of the exclusivity agreement with Tierra Nuevo Mining Ltd (“TNM”) over the Noche Buena gold and silver tailings project in Mexico, the period of exclusivity has been extended by a further 60 days to 25 February 2017 at no additional cost whilst the final results of metallurgical testwork are awaited.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

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