Extension of Exclusive Option

19 December 2016

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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.

For further information please contact:

Arian Silver Corporation
Jim Williams, CEO
David Taylor, Company Secretary
Tel: +44 (0)20 7887 6599
Northland Capital Partners Limited
Gerry Beaney / David Hignell
Tel: +44 (0)203 861 6625
OROR
Beaufort Securities Limited
Jon Belliss
Tel: +44 (0)20 7382 8300
Yellow Jersey PR Limited
Dominic Barretto
Tel: +44 (0)7768 537 739