Arian Silver Corporation: Holding(s) in company
LONDON, ENGLAND--(Marketwired - Jan. 7, 2015) - Arian Silver Corporation (TSX VENTURE:AGQ)(AGQ.L)(FRANKFURT:I3A) -
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
1. Identity of the issuer or the underlying issuer of existing shares to | Arian Silver Corporation | ||||
2. Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | X | ||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | |||||
An event changing the breakdown of voting rights | |||||
Other (please specify): | |||||
3. Full name of person(s) subject to the notification obligation:iii | Sprott Asset Management LP | ||||
4. Full name of shareholder(s) | See section 9 | ||||
5. Date of the transaction and date on | 31 December 2014 | ||||
6. Date on which issuer notified: | 6 January 2014 | ||||
7. Threshold(s) that is/are crossed or | 14% | ||||
8. Notified details: | |||||||||||||
A: Voting rights attached to sharesviii, ix | |||||||||||||
Class/type of | Situation previous | Resulting situation after the triggering transaction | |||||||||||
Number | Number | Number | Number of voting | % of voting rights x | |||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||
Common Shares | 4,660,393 | 4,660,393 | 4,453,393 | 4,453,393 | 13.1% | ||||||||
B: Qualifying Financial Instruments | |||||||||||||
Resulting situation after the triggering transaction | |||||||||||||
Type of financial | Expiration | Exercise/ | Number of voting | % of voting | |||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||
Resulting situation after the triggering transaction | |||||||||||||
Type of financial | Exercise price | Expiration date xvii | Exercise/ | Number of voting rights instrument refers to | % of voting rights xix, xx | ||||||||
Nominal | Delta | ||||||||||||
Total (A+B+C) | |||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||
4,453,393 | 13.1% | ||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | |
Sprott Asset Management LP is the portfolio manager acting on behalf of the Sprott Canadian Equity Fund, Sprott Bull/Bear RSP Fund, Sprott Hedge Fund L.P., Sprott Hedge Fund L.P. II, Sprott Master Fund Ltd., Sprott Master Fund II, Ltd., and certain Sprott managed accounts. | |
Proxy Voting: | |
10. Name of the proxy holder: | |
11. Number of voting rights proxy holder will cease to hold: | |
12. Date on which proxy holder will cease to hold voting rights: | |
13. Additional information: | |
14. Contact name: | David Taylor |
15. Contact telephone number: | +44 (0)20 7887 6593 |
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.
