Arian Silver Corporation (the "Company" or "Arian") (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, is
pleased to report it entered into a Standby Equity Distribution Agreement
("SEDA") pursuant to which YA Global Master SPV Ltd ("Yorkville"), an investment
fund managed by Yorkville Advisors Global LP, has agreed to subscribe in
tranches on an indemnified basis, when requested by the Company over the next
three years, for up to GBP 5 million of the Company's Common shares ("Shares").


Jim Williams commented, "This facility ensures the Company is fully funded to
execute Arian's short-term strategy, which includes initiating the phase 5
drilling programme. The facility provides access to working capital in a manner
that minimises potential dilution whilst we conclude the milling and mining
studies. The studies are progressing well and I look forward to being able to
provide an update soon."


Under the terms of the SEDA, any Shares issued thereunder would be priced at 95
per cent of the prevailing market price over a pricing period of between 5 and
20 days, in accordance with the agreement.


The amount of each advance may not exceed, inter alia, a mutually agreeable
amount not more than 400 per cent of the average daily trading volume of Shares
multiplied by the volume weighted average price on AIM for the five trading days
prior to the drawdown request.


Use of the facility is entirely at the discretion of the Company and there are
no penalties for not drawing down on the facility.


The Company would apply for any Shares issued in relation to the SEDA to be
admitted to trading on AIM upon completion of any such drawdown.