Result of Annual General Meeting and Change of Name

September 20th, 2018

Related documents

Arian Silver Corporation (the “Company”) announces that all the resolutions proposed at the Company’s Annual General Meeting, which was held in London earlier today, were passed unanimously on a show of hands.

Application will be made to the BVI Registry of Corporate Affairs for the name of the Company to be changed to Alien Metals Ltd and a further announcement will be made in due course.

Following the change of company name, all issued share certificates bearing the name Arian Silver Corporation will remain valid and will not be replaced. Shareholders are not required to take any action as a consequence of this change.

Proxy votes had been received in respect of the resolutions as set out below.

Vote type

No. voted

Voted (%)

1

Receive financial statements

(Ordinary resolution)

For

41,610,724

100.000

Against

0

0.000

Withheld

3,100

-

Discretion

0

0.000

2

Elect Dennis Edmonds

(Ordinary resolution)

For

41,610,482

99.998

Against

750

0.002

Withheld

3,100

-

Discretion

0

0.000

3

Elect Chris Gordon

(Ordinary resolution)

For

41,610,482

99.998

Against

750

0.002

Withheld

3,100

-

Discretion

0

0.000

4

Re-elect James Cable

(Ordinary resolution)

For

41,610,482

99.998

Against

750

0.002

Withheld

3,100

-

Discretion

0

0.000

5

Appoint auditors

(Ordinary resolution)

For

41,611,232

100.000

Against

0

0.000

Withheld

3,100

-

Discretion

0

0.000

6

Auditors remuneration

(Ordinary resolution)

For

41,611,232

100.000

Against

0

0.000

Withheld

3,100

-

Discretion

0

0.000

7

Company name change

(Special resolution)

For

31,610,482

75.966

Against

10,000,750

24.034

Withheld

3,100

-

Discretion

0

0.000

8

Authorise filing of documents

(Special resolution)

For

31,610,482

75.966

Against

10,000,750

24.034

Withheld

3,100

-

Discretion

0

0.000

9

Authorise other activities re name change

(Special resolution)

For

31,610,482

75.966

Against

10,000,750

24.034

Withheld

3,100

-

Discretion

0

0.000

10

Adopt amended M&A

(Special resolution)

For

31,610,482

99.998

Against

750

0.002

Withheld

10,003,100

-

Discretion

0

0.000

11

Electronic filing of documents

(Special resolution)

For

31,610,482

99.998

Against

750

0.002

Withheld

10,003,100

-

Discretion

0

0.000

The Company acknowledges that more than 20% of votes were cast against resolutions 7, 8 and 9 in respect of the proposed change of Company name. The number of investors who voted against these resolutions by proxy, represented 13% of the number who voted.

It is not expected that all investors will favour the new proposed name, but the Board consider a clear majority are in favour of the new name and as such, the Board will proceed with the change of name. Investors who wish to discuss the matter are invited to contact the Chairman, Dennis Edmonds.

For further information please contact:

Arian Silver Corporation

Dennis Edmonds, Executive Chairman

David Taylor, Company Secretary
Tel: +44 (0)20 7887 6599

Northland Capital Partners Limited
David Hignell / Dugald J. Carlean / Jamie Spotswood / Isabella Pierre
Tel: +44 (0)203 861 6625

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