Share Consolidation - Timetable of Principal Events

August 9th, 2013

London, England, Arian Silver Corporation (the “Company”). Further to the Company’s announcement on 1 August 2013, which confirmed that a Notice for the Company’s General Meeting scheduled for 29 August 2013 had been sent to shareholders, the Company announces an expected timetable of principal events in relation to the proposed share consolidation.

Expected timetable of principal events

Letter of Transmittal mailed to shareholders

9 August 2013

Latest time and date for receipt of completed Forms of Proxy

15:00 on 27 August 2013*

General Meeting

15:00 on 29 August 2013*

Record date for Share Capital Reorganisation

18:00 on 29 August 2013*

Expected date of approval and commencement of trading on the TSX Venture Exchange

3 September 2013

Dealings in the New Common Shares on AIM expected to commence

3 September 2013

Expected date for crediting CREST accounts (where applicable)

4 September 2013

Expected date by which certificates in respect of New Common Shares are to be despatched to Shareholders

4 September 2013

* All times are stated in British Summer Time

There are currently 328,088,286 shares issued and outstanding; there would be approximately 32,808,829 shares issued and outstanding following the consolidation. The proposed share consolidation remains subject to TSX Venture Exchange and shareholder approval. The Company’s name will remain the same post-consolidation.

For further information please contact:

Arian Silver Corporation
Jim Williams
(London) +44 (0)20 7887 6599

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



Grant Thornton UK LLP
Philip Secrett / David Hignell
(London) +44 (0)20 7383 5100

Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)7768537739



XCAP Securities PLC
Jon Belliss
(London) +44 (0)20 7101 7070

CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239

Forward-Looking Information:
This press release contains certain “forward-looking information”. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the Company’s proposed share consolidation constitute forward-looking information). This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company as well as certain assumptions (including that the Company will be able to obtain TSX Venture Exchange approval and shareholder approval of the proposed share consolidation). Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

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.