VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 30, 2010) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM), has today filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec. These filings, when made final, will allow the Company to make offerings of debt securities ("Debt Securities"), common shares ("Common Shares"), warrants to purchase Common Shares and warrants to purchase Debt Securities (the "Warrants"), or subscription receipts which entitle the holder to receive upon satisfaction of certain release conditions, and for no additional consideration, Common Shares, Warrants or Debt Securities of the Company or any combination thereof ("Subscription Receipts"), (all of the foregoing, collectively, the "Securities") or any combination thereof up to an aggregate initial offering price of US$120,000,000 during the 25-mo... Read More