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 262,000 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,
2,493,212 Common Shares of no par value to YA at a price of GBP 0.105085 per
share. This price is calculated under the terms of the SEDA.


The proceeds will contribute to working capital and other costs in the
short-term, facilitating the acquisition of the El Bote mill, as announced on 15
March 2013.


An application has been made to the London Stock Exchange for 2,493,212 Common
Shares to be admitted to trading on AIM and it is expected that admission will
occur at 8.00 a.m. on 10 April 2013. The new Common Shares will rank pari passu
in all respects with the existing Common Shares. GBP 3,366,200 remains available
to the Company under this SEDA.


Following this share issue the Company has in issue 314,088,766 Common Shares
with voting rights.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Arian Silver Corporation
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]