Arian Silver Issue of Shares

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Arian Silver Corporation
Jim Williams
CEO
(London) [phone]
[e-mail]


Arian Silver Corporation
David Taylor
Company Secretary
(London) [phone]
[e-mail]


Grant Thornton Corporate Finance
Gerry Beaney / David Hignell
(London) [phone]
[e-mail]


Yellow Jersey PR Limited
Dominic Barretto
(London) [phone]
[e-mail]


XCAP Securities PLC
Jon Belliss
(London) [phone]
[e-mail]


CHF Investor Relations
Juliet Heading
(Canada) [phone] x 239
[e-mail]