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Re: Press Releases - Wednesday, June 23, 2010
Arian Silver -- AGM Result and Statement
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LONDON, ENGLAND--(Marketwire - June 23, 2010) - Arian Silver
Corporation ("Arian Silver" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A) a silver exploration and
development company with a focus on projects in the silver belt of
Mexico, announces that all the resolutions proposed at the Annual
General Meeting ("AGM") held earlier today were duly approved by
shareholders.
Commenting at today's AGM, Jim Williams, President and CEO stated: "In
the last 12 months Arian Silver has achieved significant progress both
from an operational aspect as well in terms of enhancing the overall
valuation of the Company. We are excited that our key 100% owned San
Jose property is ready to commence silver production, pending
finalization of the milling contract. We are fully permitted,
infrastructural upgrades are complete, mining contract agreed and
transportation of ore arranged.
"Once in production it is envisaged a large part of the revenue will be
used to fund further exploration, including drilling, on the remaining
strike length of the San Jose Vein within our concession boundaries.
"I'd like to personally thank all shareholders and staff for their
continued support, and look to the future of your Company with
confidence."
About the Company
Arian Silver Corporation is a silver exploration and development
company and is listed on London's AIM; trades on London's "PLUS"
market; is listed on Toronto's TSX Venture Exchange and on the
Frankfurt Stock Exchange. Arian Silver is active in Mexico, the world's
second largest silver producing country. The Company's main projects
are the Calicanto and San Jose projects in Zacatecas State and the
Tepal project in Michoacan State. The Tepal project is currently
subject to an exclusive purchase option to Geologix Explorations Inc.
Part of Arian Silver's forward-looking strategy lies in the envisaged
use of large scale mechanized mining techniques over wider mineralized
structures, which reduces the overall unit operating cost of metals,
and to build up NI 43-101 compliant resources.
For more information, please contact
Arian Silver Corporation
Carlyle House
235-237 Vauxhall Bridge Road
London SW1V 1EJ
England
Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7963 8670
jwilliams@ariansilver.com
Arian Silver Corporation
Graham Potts
CFO & Corporate Secretary
(London) +44 (0)20 7963 8670
gpotts@ariansilver.com
Grant Thornton Corporate Finance
Gerry Beaney
(London) +44 (0)20 7383 5100
gerry.d.beaney@gtuk.com
Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)20 8980 3545
dominic@yellowjerseypr.com
CHF Investor Relations
Alison Tullis
(Canada) +1 416 868 1079 Ext. 233
alison@chfir.com
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.
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Copyright (c) 2010 ARIAN SILVER CORPORATION (AGQ) All rights reserved.
For more information visit our website at http://www.ariansilver.com/
or send mailto:info@ariansilver.com
Message sent on Wed Jun 23, 2010 at 6:43:34 AM Pacific Time
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Arian Silver Corporation
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PRODUCER |
CODE : AGQ.V |
ISIN : VGG0472G1063 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Arian Silver is a silver producing company based in United kingdom. Arian Silver produces silver, gold, lead and zinc in Mexico, and holds various exploration projects in Mexico. Its main asset in production is SAN JOSÉ ZACATECAS in Mexico and its main exploration properties are SAN CELSO and CALICANTO in Mexico. Arian Silver is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 41.4 millions as of today (€ 39.0 millions). Its stock quote reached its lowest recent point on December 12, 2008 at CA$ 0.03, and its highest recent level on January 07, 2011 at CA$ 8.90. Arian Silver has 318 491 926 shares outstanding. |