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Arian Silver receives default notice from Quitana

Tue, 03rd Nov 2015 09:22

(ShareCast News) - Arian Silver said it has received a default notice under the terms of its agreements with Quintana San José Streaming and Quintana AGQ Holding.In a short statement released on Tuesday, the London-listed company said it was considering its options, while Quintana and its affiliates continued to discuss different financing options.Earlier this year, the silver miner signed a letter of intent to extend its $16.4m secured convertible note with Quintana AGQ by a further $10m, although negotiations were not completed by the 31 October deadline.Arian shares were up 8.91% to 11.98p at 0930 GMT on Tuesday.
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23 Jun 2010 13:56

PRESS RELEASE: Arian Silver-AGM Result and Statement

LONDON, ENGLAND--(Marketwire - June 23, 2010) - Arian Silver Corporation ("Arian Silver" or the "Company") (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A) a silver exploration and development company with a focus on projects in the silver belt of Mexico, announces that all the resolutions propos

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28 May 2009 09:49

Mining round-up: Alba, Kalahari, Platinum Australia...

Full year losses more than doubled at UK based explorer Alba Minerals to £1.03m from £442,662 a year earlier, largely due to a £683,000 write-down on the carrying value of the group's exploration projects. The auditors report also raised fears about the firm's ability to continue as a going concern

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28 May 2009 09:02

Small caps round-up: Borders & Southern, AT Communications, Scapa ...

Falklands Islands-focused oil group Borders and Southern said it is ready to seek partners for its licenses after defining a multi-billion barrel prospect inventory in the South Falkland Basin. The group posted a pre-tax loss of £4.7m in 2008, compared with £336,000. While noting that the price of

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