Arian Silver Corporation: Holding(s) in company

Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A) -  



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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                           
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1. Identity of the issuer or the underlying issuer                          
of existing shares to which voting rights are                               
attached:(ii)                                      Arian Silver Corporation 
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2. Reason for the notification (please tick the appropriate box or boxes):  
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An acquisition or disposal of voting rights                               X 
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An acquisition or disposal of qualifying financial instruments which        
may result in the acquisition of shares already issued to which voting      
rights are attached                                                         
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An acquisition or disposal of instruments with similar economic effect      
to qualifying financial instruments                                         
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An event changing the breakdown of voting rights                            
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Other (please specify):     Issue of new shares                           X 
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3. Full name of person(s) subject to the                                    
notification obligation:(iii)                     Sprott Asset Management LP
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4. Full name of shareholder(s) (if                                          
different from 3.):(iv)                                        See section 9
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5. Date of the transaction and date on                                      
which the threshold is crossed or                                31 May 2013
reached:(v)                                                                 
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6. Date on which issuer notified:                                7 June 2013
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7. Threshold(s) that is/are crossed or                                      
reached:(vi, vii)                                                        15%
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8. Notified details:                                                        
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A: Voting rights attached to shares(viii, ix)                               
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           Situation previous to                                            
Class/type the triggering           Resulting situation after the triggering
of shares  transaction                                           transaction
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if                                                                          
possible               Number of                                            
using the   Number of     Voting  Number of  Number of voting    % of voting
ISIN CODE      Shares     Rights     shares            rights     rights (x)
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                                             Direct Indirect                
                                     Direct    (xi)   (xii)  Direct Indirect
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Common                                                                      
Shares     48,624,738 48,624,738 46,603,938        46,603,938          14.4%
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B: Qualifying Financial Instruments                                         
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Resulting situation after the triggering transaction                        
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Type of financial                                   Number of voting        
instrument                                           rights that may        
                                                                  be        
                                                     acquired if the        
                                         Exercise/     instrument is    % of
                      Expiration         Conversion       exercised/  voting
                      date(xiii)        Period(xiv)       converted.  rights
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C: Financial Instruments with similar economic effect to Qualifying         
Financial Instruments (xv, xvi)                                            
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Resulting situation after the triggering transaction                        
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                                  Exercise/                                 
Type of               Expiration Conversion  Number of voting    % of voting
financial   Exercise  date       period(xvi rights instrument   rights (xix,
instrument    price   (xvii)            ii)         refers to            xx)
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                                                             Nominal   Delta
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Total (A+B+C)                                                               
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Number of voting rights                          Percentage of voting rights
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46,603,938                                                             14.4%
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9. Chain of controlled undertakings through which the voting rights and/or  
the financial instruments are effectively held, if applicable:(xxi)       
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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.                              
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Proxy Voting:                                                               
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10. Name of the proxy holder:                                               
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11. Number of voting rights proxy holder will cease to hold:                
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12. Date on which proxy holder will cease to hold voting                    
rights:                                                                     
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13. Additional information:                                                 
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14. Contact name:                             David Taylor                  
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15. Contact telephone number:                 [phone]           
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FOR FURTHER INFORMATION PLEASE CONTACT: 
Arian Silver Corporation
David Taylor
[phone]