/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
TSX Venture Exchange
Trading Symbol: ARC
VANCOUVER, July 8, 2013 /CNW/ - Mr. Zahir Dhanani, President and CEO of Arian, is pleased to announce that Arian has appointed Mr. John Furlong to its advisory board (the "Advisory Board"). Mr. Furlong has decades of senior leadership experience in both the private and
Zahir Dhanani, President and CEO of Arian, comments: "Arian is thrilled to have attracted and retained
the advisory services of a renowned Canadian leader as Mr. Furlong. We believe that his range of experiences as a leader in the private
and public sectors, in Canada and abroad, will prove to be a major
asset for Arian as it continues to expand its exploration activities."
Mr. Furlong is a corporate director and professional speaker represented by the
Twentyten Group, a firm comprised of former members of the Vancouver
Organizing Committee ("VANOC") for the 2010 Vancouver Olympic and
Paralympic Winter Games. Mr. Furlong served as the Chief Executive
Officer of VANOC and led the team that organized and delivered the 2010
Vancouver Olympic and Paralympic Winter Games.
Prior to his appointment to VANOC in 2004, Mr. Furlong was President and
Chief Operating Officer for the Vancouver 2010 Bid Corporation. Mr.
Furlong is also a member of the Canadian Olympic Committee. Mr. Furlong
is the chairman of the "Own the Podium" program and is a director on a
number of major corporate boards, including Whistler Blackcomb Holdings
Inc. He is also the Executive Chair of The Vancouver Whitecaps MLS
In 2010, Mr. Furlong was named an Officer to the Order of Canada and
also became a member of the Order of British Columbia. He has received
the Canadian Armed Forces highest civilian medal. His service to sport
and Canada has resulted in numerous additional forms of recognition,
including Canadian of the Year, Canada's Sport Executive of the Year
and Marketer of the Year.
Mr. Furlong has also acquired significant units offered in the private
placement offering announced on April 11, 2013. Each unit is comprised
of one common share and one share purchase warrant at an exercise price
of $0.15 per share for a period of five years.
When permitted to do so under the terms of Arian's stock option plan and
the policies of the TSX-V, Arian expects to grant Mr. Furlong an option
to acquire significant additional common shares at an exercise price at
the greater of $0.20 or the market price of Arian's common shares at
the time of grant.
ON BEHALF OF THE BOARD OF DIRECTORS
President & CEO
About Arian Resources Corp.
Arian Resources Corp. is a junior mineral exploration company with a
focus on the exploration of prospective gold properties in Albania.
This news release may contain forward-looking statements including but
not limited to comments regarding Arian's plans for expansion of its
exploration activities. Forward-looking statements address future
events and conditions and therefore involve inherent risks and
uncertainties. Actual results may differ materially from those
currently anticipated in such statements and Arian undertakes no
obligation to update such statements, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Arian Resources Corp.
For further information:
Zahir Dhanani at 604.248.5175 or via email at firstname.lastname@example.org