
LONDON, ENGLAND -- (Marketwire) -- 02/28/13 -- 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 300,000 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, 2,198,279 Common Shares of no par value to YA at a price of GBP 0.13647 per share. This price is calculated under the terms of the SEDA.
An application has been made to the London Stock Exchange for 2,198,279 Common Shares to be admitted to trading on AIM and it is expected that admission will occur at 8.00 a.m. on 6 March 2013. 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 309,774,537 Common Shares with voting rights.
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.
Contacts:
Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7887 6599
[email protected]
Arian Silver Corporation
David Taylor
Company Secretary
(London) +44 (0)20 7887 6599
[email protected]
Grant Thornton Corporate Finance
Gerry Beaney / David Hignell
(London) +44 (0)20 7383 5100
[email protected]
Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)7768537739
[email protected]
XCAP Securities PLC
Jon Belliss
(London) +44 (0)20 7101 7070
[email protected]
CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239
[email protected]
Most Popular Stories
- SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
- Social Media Initiatives Should Follow Customers' Lead
- Apple CEO: Offshore Units Not a 'Tax Gimmick'
- U.S. Senate Accuses Apple of Large-scale Tax Avoidance
- UTEP Water Recycling Project Wins Venture Titles
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- Bieber Booed at Billboard Awards
- Crude Oil Up, Gasoline Down
- Austin Startup Compare Metrics Raises $3.5 Million for Expansion
- Why So Many Top 'Car Guys' Are Actually Women
News-To-Go
Advertisement
Advertisement
News Column
Arian Silver Issue of Shares
Feb 28 2013 12:00AM
Marketwire
Advertisement
Source: Marketwire
Story Tools



