Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE: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 154,000 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,
975,067 Common Shares of no par value to YA at a price of GBP 0.157938 pence per
share. This price is calculated under the terms of the SEDA.


An application has been made to the London Stock Exchange for 975,067 Common
Shares to be admitted to trading on AIM and it is expected that admission will
occur at 8.00 a.m. on 18 December 2012. The new Common Shares will rank pari
passu in all respects with the existing Common Shares.


Following this share issue the Company has in issue 304,898,569 Common Shares
with voting rights. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Arian Silver Corporation
Berkeley Square House
Berkeley Square
London
W1J 6BD
England


Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7887 6599
jwilliams@ariansilver.com


Arian Silver Corporation
David Taylor
Company Secretary
(London) +44 (0)20 7887 6599
dtaylor@ariansilver.com


Grant Thornton Corporate Finance
Gerry Beaney / David Hignell
(London) +44 (0)20 7383 5100
gerry.d.beaney@uk.gt.com


XCAP Securities PLC
Jon Belliss
(London) +44 (0)20 7101 7070
jon.belliss@xcapgroup.com


Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)7768537739
dominic@yellowjerseypr.com


CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239
juliet@chfir.com