LONDON, ENGLAND--(Marketwired - Jan 7, 2015) - Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A) -

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached:ii		 Arian Silver Corporation
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:iii Sprott Asset Management LP
4. Full name of shareholder(s)
(if different from 3.):iv		 See section 9
5. Date of the transaction and date on
which the threshold is crossed or
reached:v		 31 December 2014
6. Date on which issuer notified: 6 January 2014
(received 7 January 2014)
7. Threshold(s) that is/are crossed or
reached:vi, vii		 14%
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares

if possible using
the ISIN CODE		Situation previous
to the triggering
transaction		Resulting situation after the triggering transaction
Number
of
Shares		Number
of
Voting
Rights		Number
of shares		Number of voting
rights		% of voting rights x
DirectDirect xiIndirect xiiDirectIndirect
Common Shares 4,660,393 4,660,393 4,453,393 4,453,393 13.1%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument		Expiration
date xiii		Exercise/
Conversion Period xiv		Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.		% of voting
rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument		Exercise priceExpiration date xviiExercise/
Conversion period xviii		Number of voting rights instrument refers to% of voting rights xix, xx
NominalDelta
Total (A+B+C)
Number of voting rightsPercentage of voting rights
4,453,393 13.1%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Sprott Asset Management LP is the portfolio manager acting on behalf of the Sprott Canadian Equity Fund, Sprott Bull/Bear RSP Fund, Sprott Hedge Fund L.P., Sprott Hedge Fund L.P. II, Sprott Master Fund Ltd., Sprott Master Fund II, Ltd., and certain Sprott managed accounts.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name: David Taylor
15. Contact telephone number:+44 (0)20 7887 6593

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