Arian Silver Corp : Arian Silver Issue of Shares

 The Company has issued 500,000 common shares of no par value in connection with the exercise of share purchase options at 12p per share. Application has been made for these shares to be admitted to London's AIM on 27 January 2012.

As a result of this share issue, the Company has in issue 301,689,112 common shares, with voting rights.

For further information please contact:

Arian Silver Corporation
Berkeley Square House
Berkeley Square
London
W1J 6BD
England

OR

Arian Silver Corporation
Jim Williams
CEO
(London) [phone]
[e-mail]

OR

Arian Silver Corporation
David Taylor
Company Secretary
(London) [phone]
[e-mail]

OR

Grant Thornton Corporate Finance
Gerry Beaney
(London) [phone]
[e-mail]

OR

XCAP Securities PLC
John Grant / Karen Kelly
(London) [phone]
[e-mail] / [e-mail]

OR

Yellow Jersey PR Limited
Dominic Barretto
(London) [phone]
[e-mail]

OR

CHF Investor Relations
Cathy Hume
(Canada) [phone] x 231
[e-mail]

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.