Trading Symbols
AIM: AGQ
TSX-V: AGQ
FWB: I3A
LONDON, Oct. 29, 2015 /CNW/ - Arian Silver Corporation
(the "Company") advises that in accordance with the respective
rules of the Toronto Venture Stock Exchange ("TSXV") and AIM,
trading on TSXV will resume approximately 30 minutes after the time
of this announcement; the trading suspension on AIM remains in
effect pending a further announcement regarding the Company's
financial position.
As announced earlier today, and further to the Company's
announcement on 22 September 2015 of
the signing of a letter of intent and non-binding term sheet with
Quintana AGQ Holding Co. LLC ("Quintana"), discussions with
Quintana and its affiliates remain on-going, but that notice has
been received from Quintana to terminate the letter of intent in
accordance with its terms. 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
terms will be agreed). 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
