Arian Resources Corp. (TSXV:ARC) announced a non-brokered private placement of 16,000,000 units at CAD 0.15 per unit for gross proceeds of CAD 2,400,000 on January 30, 2014. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 0.25 per share for a period of two years. The warrants are subject to accelerated expiry provisions if at any time after the expiry of any resale restriction governing the subscribed shares, the common shares trade on the TSX Venture Exchange at or above a volume-weighted average trading price of CAD 0.40 per common share for 10 consecutive trading days, the company may give notice to the holders that each warrant will expire 30 days from the date of providing such notice. The securities issued will be subject to a hold period of four months and a day. The transaction is subject to a number of conditions including receipt of all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange. The company will pay certain eligible finders finder's fee.

On February 3, 2014, the company announced that it has amended the terms of the transaction. The company will issue additional 14,000,000 units in this transaction for gross proceeds of CAD 2,100,000.

On February 7, 2014, the company announced that it has amended the terms of the transaction. The company will issue additional 7,000,000 units for gross proceeds of CAD 1,050,000 in the transaction. The company will now raise total of 37,000,000 units for gross proceeds of CAD 5,550,000.

On March 24, 2014, the company issued 18,506,666 units for proceeds of CAD 2,766,000 in its first tranche of the transaction. The warrants will expire on March 21, 2016. The company paid a finder's fee of CAD 3,600, 655,400 common shares, and 679,400 purchase warrants. Each finder's warrant entitles the holder to purchase one additional common share at a price of CAD 0.25 until March 21, 2016. The securities issued are subject to a hold period expiring on July 21, 2014. The first tranche of the transaction consisted of 46 placees, 2 are from company's Advisory Board, Mossadiq Umedaly as insider of the company and Kombiz Eghdami who subscribed for 600,000 units and 200,000 units respectively in the transaction. Anthony Mabanta subscribed to 13,000 shares. Haafiz Bhulji, insider of the company, received 96,000 finder's shares and 96,000 finder's warrants, Natan Nickolas received 96,000 finder's shares and 96,000 finder's warrants, Canaccord Genuity Corp. received 77,400 finder's warrants, Richardson GMP (Vancouver) received CAD 450 in cash and 3,000 finder's warrants, and Richardson GMP (Calgary) received CAD 3,150 in cash and 21,000 finder's warrants with respect to this transaction. TSX Venture Exchange has accepted for filing documentation for its first close.

On May 22, 2014, the company announced that the TSX Venture Exchange has accepted the filing documentation with respect to the second tranche of the transaction. The company will issue 1,766,679 units for proceeds of CAD 265,001.85 in the transaction. The second tranche will be raised from 14 placees. Haafiz Bhulji received 54,167 finder's shares and 54,167 finder's warrants, Natan Nickolas received 54,167 finder's shares and 54,167 finder's warrants, and Rehana Virjee received 40,000 finder's shares and 40,000 finder's warrants.

On May 23, 2014, the company has closed its second tranche of funding. The securities are subject to a hold period expiring on September 22, 2014.

On June 24, 2014, the company announced that the TSX Venture Exchange has accepted for filing documentation with respect to the third tranche of the transaction. The company will issue 5,466,666 units for proceeds of CAD 819,999.9 in the transaction. The third tranche will be raised from 3 placees. Mossadiq S. Umedaly will purchase 1,400,000 shares in the transaction. Rehana Virjee received 406,667 finder's shares and 406,667 finder's warrants in the transaction.

On June 25, 2014, the company closed the third tranche of financing. The company has received CAD 820,000 in the transaction. The securities issued subject to the hold period until October 25, 2014.

On July 14, 2014, the company announced that the TSX Venture Exchange has accepted for filing documentation with respect to fourth and final tranche of the transaction. The company will issue 728,617 units for CAD 109,292.55 in this tranche. The fourth tranche will be raised from 4 placees. Rehana Virjee will receive 62,667 finder's shares and 62,667 finder's warrants in the transaction.

On July 16, 2014, Arian Resources Corp. closed the transaction. The company has received fourth and final tranche of CAD 109,225.05 in funding. The company has issued 728,167 units in the tranche. The company issued 62,667 units as finder's fees pursuant to the final tranche. The securities issued under the final tranche are subject to a hold period expi