Replacement : Director/PDMR Shareholding

Please be advised that this announcement replaces the one made earlier today at 11:31.The previous announcement contained typographic errors that affected the announcementspresentation. All other information remains unchanged. Trading Symbols AIM: AGQ TSX-V: AGQ FWB: I3A 14 April 2015 Director/PDMR Shareholding Arian Silver Corporation (the "Company") announces it was notified on 14 April2015, of the acquisition by Mr James Williams on 13 April 2015, of 20,000 Commonshares (representing 0.06% of the share capital) of the Company at a price ofC$0.50 per share. Mr James Williams is consequently deemed to have an interest in 500,000 Commonshares (representing 1.47% of the share capital) of the Company. For further information please contact: Arian Silver Corporation Northland Capital Partners LimitedJim Williams, CEO Gerry Beaney / John HowesDavid Taylor, Company Secretary (London) +44 (0)20 7382 1100 Fuad Sillem, Head of Corporate Development(London) +44 (0)20 7887 6599fsillem@ariansilver.com OR OR Grant Thornton UK LLP Yellow Jersey PR LimitedPhilip Secrett / Ed Thomas Dominic Barretto(London) +44 (0)20 7383 5100 (London) +44 (0)7768537739philip.j.secrett@uk.gt.com dominic@yellowjerseypr.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as thatterm is defined in the policies of the TSX Venture Exchange) and no stockexchange, securities commission or other regulatory authority acceptsresponsibility for the adequacy or accuracy of this release nor approved ordisapproved of the information contained herein.