February 10th, 2017

Arian Silver Corporation ('Arian Silver' or the 'Company') reports today that, further to its 6 February 2017 statement regarding the adoption of and award under the Company's share option plan, a further grant of an aggregate of 2,250,000 share options over Common Shares has been approved to certain key personnel including the awards to the directors listed below, exercisable at a price of £0.01 until 9 February 2022 and vesting immediately.

The grant of options includes awards made to the following directors:

Name of Director

Number of options

T. A Bailey

500,000

J. S. Cable

500,000

J.A. Crombie

500,000

Total

1,500,000

Messrs Bailey, Cable and Crombie have the following interests in Common Shares:


Director

No. Common Shares

% of issued capital

T. A. Bailey

1,314,226

0.72%

J.S. Cable

-

0.00%

J.A. Crombie

566,665

0.31%

Director

No. Share Warrants

Exercise Price

Expiry Date

T. A. Bailey

1,314,226

£0.015

27 February 2019

J.S Cable

-

-

-

J. A. Crombie

416,665

£0.015

27 February 2019

Following the grant of share options, Messrs Bailey, Cable and Crombie have the following interests in share options in the Company:

Director

No. Options

Exercise Price

Expiry Date

T.A. Bailey

25,000

500,000

£0.70

£0.01

29 May 2018

9 February 2022

J. S. Cable

25,000

500,000

£0.70

£0.01

29 May 2018

2 February 2022

J.A. Crombie

25,000

500,000

£0.70

£0.01

29 May 2018

2 February 2022

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

Arian Silver Corporation
Jim Williams, CEO
David Taylor, Company Secretary
Tel: +44 (0)20 7887 6599

Northland Capital Partners Limited
Gerry Beaney / David Hignell
Tel: +44 (0)203 861 6625

OR

OR

Beaufort Securities Limited
Jon Belliss
Tel: +44 (0)20 7382 8300

Yellow Jersey PR Limited
Charles Goodwin / Harriet Jackson
Tel: +44 (0) 7747 788 221

Arian Silver Corporation published this content on 10 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 March 2017 16:08:14 UTC.

Original documenthttp://www.ariansilver.com/news/grant-of-options

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