Documents
Arian Silver Corporation (“Arian Silver” or the “Company”) reports today that, further to its 6 February 2017 statement regarding the adoption of and award under the Company’s share option plan, a further grant of an aggregate of 2,250,000 share options over Common Shares has been approved to certain key personnel including the awards to the directors listed below, exercisable at a price of £0.01 until 9 February 2022 and vesting immediately.
The grant of options includes awards made to the following directors:
| Name of Director | Number of options |
| T. A Bailey | 500,000 |
| J. S. Cable | 500,000 |
| J.A. Crombie | 500,000 |
| Total | 1,500,000 |
Messrs Bailey, Cable and Crombie have the following interests in Common Shares:
| Director | No. Common Shares | % of issued capital |
| T. A. Bailey | 1,314,226 | 0.72% |
| J.S. Cable | – | 0.00% |
| J.A. Crombie | 566,665 | 0.31% |
| Director | No. Share Warrants | Exercise Price | Expiry Date |
| T. A. Bailey | 1,314,226 | £0.015 | 27 February 2019 |
| J.S Cable | – | – | – |
| J. A. Crombie | 416,665 | £0.015 | 27 February 2019 |
Following the grant of share options, Messrs Bailey, Cable and Crombie have the following interests in share options in the Company:
| Director | No. Options | Exercise Price | Expiry Date |
| T.A. Bailey | 25,000 500,000 | £0.70 £0.01 | 29 May 2018 9 February 2022 |
| J. S. Cable | 25,000 500,000 | £0.70 £0.01 | 29 May 2018 2 February 2022 |
| J.A. Crombie | 25,000 500,000 | £0.70 £0.01 | 29 May 2018 2 February 2022 |
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 |
| OR | OR |
| Beaufort Securities Limited Jon Belliss Tel: +44 (0)20 7382 8300 | Yellow Jersey PR Limited Charles Goodwin / Harriet Jackson Tel: +44 (0) 7747 788 221 |