LONDON, ENGLAND--(Marketwired - Oct 1, 2014) -
Arian Silver Corp. (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A) (the "Company" or "Arian Silver") a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, reports that discussions to fully fund the Company's flagship San José silver project continue to progress. In August 2013, the Company entered into a 12 month US$15.6 million loan facility with Platinum Long Term Growth VIII, LLC ("Platinum" or the "Lender"), 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 Not...
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