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LONDON, ENGLAND--(Marketwire - Dec. 17, 2010) -
Arian Silver Corporation (the "Company") (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A) has issued 500,000 common shares of no par value in connection with the exercise of share purchase warrants at 10 cents (Canadian) per share. Application has been made for these shares to be admitted to London's AIM on 22 December 2010.


As a result of this share issue, the Company has in issue 282,447,742 common shares, with voting rights.




FOR FURTHER INFORMATION PLEASE CONTACT: Carlyle House
Arian Silver Corporation
235-237 Vauxhall Bridge Road
London SW1V 1EJ
England
ORJim Williams
Arian Silver Corporation
CEO
(London) +44 (0)20 7963 8670
jwilliams@ariansilver.com
ORGraham Potts
Arian Silver Corporation
CFO & Corporate Secretary
(London) +44 (0)20 7963 8670
gpotts@ariansilver.com
ORGerry Beaney
Grant Thornton Corporate Finance
(London) +44 (0)20 7383 5100
gerry.d.beaney@gtuk.com
ORJohn Grant / Karen Kelly
XCAP Securities PLC
(London) +44 (0)20 7101 7070
John.Grant@xcapgroup.com / Karen.Kelly@xcapgroup.com
ORDominic Barretto
Yellow Jersey PR Limited
(London) +44 (0)20 8980 3545
dominic@yellowjerseypr.com
ORCathy Hume
CHF Investor Relations
(Canada) +1 416 868 1079
cathy@chfir.com