London, England, Arian Silver Corporation (“Arian” or the “Company”) (TSXV: 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 95,545 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, 2,076,936 Common Shares of no par value to YA at a price of GBP 0.046003 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 2,076,936 Common Shares to be admitted to trading on AIM and it is expected that admission will occur at 8.00 a.m. on 9 August 2013. The new Common Shares will rank pari passu in all respects with the existing Common Shares. GBP2,624,545 remains available to the Company under this SEDA.

Following this share issue the Company has in issue 328,088,286 Common Shares with voting rights.

For further information please contact:

Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7887 6599
[email protected]

OR

Arian Silver Corporation
David Taylor
Company Secretary
(London) +44 (0)20 7887 6599
[email protected]

OR

Grant Thornton Corporate Finance
Philip Secrett / David Hignell
(London) +44 (0)20 7383 5100
[email protected]

OR

Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)7768537739
[email protected]

OR

XCAP Securities PLC
Jon Belliss
(London) +44 (0)20 7101 7070
[email protected]

OR

CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239
[email protected]

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.