Arian Silver Corporation (the "Company") (AIM:AGQ)(TSX
VENTURE:AGQ)(FRANKFURT:I3A). Further to the Company's announcement on 1 August
2013, which confirmed that a Notice for the Company's General Meeting scheduled
for 29 August 2013 had been sent to shareholders, the Company announces an
expected timetable of principal events in relation to the proposed share
consolidation.


Expected timetable of principal events 



Letter of Transmittal mailed to shareholders      9 August 2013             
                                                                            
Latest time and date for receipt of completed     15:00 on 27 August 2013(i)
Forms of Proxy                                                              
                                                                            
General Meeting                                   15:00 on 29 August 2013(i)
                                                                            
Record date for Share Capital Reorganisation      18:00 on 29 August 2013(i)
                                                                            
Expected date of approval and commencement of     3 September 2013          
trading on the TSX Venture Exchange                                         
                                                                            
Dealings in the New Common Shares on AIM          3 September 2013          
expected to commence                                                        
                                                                            
Expected date for crediting CREST accounts        4 September 2013          
(where applicable)                                                          
                                                                            
Expected date by which certificates in respect    4 September 2013          
of New Common Shares are to be despatched to                                
Shareholders                                                                



(i) All times are stated in British Summer Time

There are currently 328,088,286 shares issued and outstanding; there would be
approximately 32,808,829 shares issued and outstanding following the
consolidation. The proposed share consolidation remains subject to TSX Venture
Exchange and shareholder approval. The Company's name will remain the same
post-consolidation.


Forward-Looking Information:

This press release contains certain "forward-looking information". All
statements, other than statements of historical fact, that address activities,
events or developments that the Company believes, expects or anticipates will or
may occur in the future (including, without limitation, statements relating to
the Company's proposed share consolidation constitute forward-looking
information). This forward-looking information reflects the current expectations
or beliefs of the Company based on information currently available to the
Company as well as certain assumptions (including that the Company will be able
to obtain TSX Venture Exchange approval and shareholder approval of the proposed
share consolidation). Forward-looking information is subject to a number of
significant risks and uncertainties and other factors that may cause the actual
results of the Company to differ materially from those discussed in the
forward-looking information, and even if such actual results are realized or
substantially realized, there can be no assurance that they will have the
expected consequences to, or effects on the Company.


Any forward-looking information speaks only as of the date on which it is made
and, except as may be required by applicable securities laws, the Company
disclaims any intent or obligation to update any forward-looking information,
whether as a result of new information, future events or results or otherwise.
Although the Company believes that the assumptions inherent in the
forward-looking information are reasonable, forward-looking information is not a
guarantee of future performance and accordingly undue reliance should not be put
on such information due to the inherent uncertainty therein.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Arian Silver Corporation
Jim Williams
CEO
(London) +44 (0)20 7887 6599
jwilliams@ariansilver.com


Arian Silver Corporation
David Taylor
Company Secretary
(London) +44 (0)20 7887 6599
dtaylor@ariansilver.com


Grant Thornton UK LLP
Philip Secrett / David Hignell
(London) +44 (0)20 7383 5100
philip.j.secrett@uk.gt.com


Yellow Jersey PR Limited
Dominic Barretto
(London) +44 (0)7768537739
dominic@yellowjerseypr.com


XCAP Securities PLC
Jon Belliss
(London) +44 (0)20 7101 7070
jon.belliss@xcapgroup.com


CHF Investor Relations
Juliet Heading
(Canada) +1 416 868 1079 x 239
juliet@chfir.com