The board of directors of Arian Resources Corp. appointed Harold (Roy) Shipes as the Chairman of the Board of Directors and the company's Chief Executive Officer. Mr. Shipes is a metallurgical and mining engineer who brings a wealth of experience, global perspective and keen sense of shareholder value to the board of Arian Resources.

Mr. Shipes is and has been serving as president and chief executive officer of Atlas Precious Metals Inc. since 2003.