Arian Silver Corporation: Update on Placing

Company News

Arian Silver Corporation (CVE:AGQ) reports that the TSX Venture Exchange has given its conditional approval to the Placing announcement of 18 October 2010 which gave details of a brokered and non – brokered placement raising approximately £3.9m.

Arian Silver Corporation (TSXV:AGQ) reports that the TSX Venture Exchange has given its conditional approval to the Placing announcement of 18 October 2010 which gave details of a brokered and non – brokered placement raising approximately £3.9m.

The press release is quoted as saying:

It is expected that closing of the Placing will occur at 7.00 am on 25 October 2010 and that admission will become effective and trading in the 21,604,435 new common shares will commence on AIM at 8.00 am on 25 October 2010. Following this share issue, the Company will have in issue 267,772,742 common shares, with voting rights.

Click here to access the entire press release

Click here to Arian Silver Corporate Site

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