San Jose Silver Project Funing Discussions

TORONTO - Arian Silver Corporation reported that discussions to fully fund the Company's flagship San José silver project in Mexico, continue to progress.

In August, the Company entered into a 12 month US$15.6 million loan facility with Platinum Long Term Growth VIII, LLC convertible at the Lender's option at C$1.10 per share (Convertible Note). On 28 August 2014 the maturity date of the Convertible Note was extended to 30 September 2014 for consideration of US$350,000. On 30 September 2014, the Convertible Note was further extended to 15 October 2014 for consideration of $350,000.

The Company is in the process of finalizing terms to fully fund the San José project for the foreseeable future and information regarding the new lender and terms of the financing package will be announced upon the conclusion of negotiations.