/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES NOR FOR DISTRIBUTION IN THE
UNITED STATES/
Trading Symbols
AIM: AGQ
TSX-V: AGQ
FWB: I3A
LONDON, Nov. 3, 2015 /CNW/ - Arian Silver Corporation
(the "Company"), a silver mining company focussed on silver
projects in the silver belt of Zacatecas,
Mexico, announces that it has received a Default Notice
under the terms of its agreements (as previously announced on the
15 and 30 October 2014) with Quintana
San José Streaming Co. LLC and Quintana AGQ Holding Co. LLC. The
Company is taking the notice under advisement. Meanwhile, financing
discussions between the parties are on-going as previously advised
on 29 October 2015, and a further
announcement will be made in due course.
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.
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. 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 in particular, that revised financing terms will be
agreed or whether the notice is valid). 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.
Factors that could cause actual results or events to differ
materially from current expectations include, but are not limited
to, the failure to satisfy the terms under any of the Company's
existing contractual obligations with Quintana (including in
particular, the terms under the Base Metals Purchase Agreement as
announced on 15 October
2014).
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.
SOURCE Arian Silver Corporation
