Sino Vanadium Files Preliminary Prospectus

(NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE
UNITED STATES)


The Board of Sino Vanadium Inc. ("Sino Vanadium" or the "Company") (TSX
VENTURE:SVX), a late-stage vanadium play focused on the production of
vanadium-pentoxide (V205), today announced the filing of the Company's
preliminary short-form prospectus, dated 26 July 2010, with the securities
commissions in each of Ontario, Alberta, and British Columbia in connection with
a proposed offering of up to $20 million of units, each consisting of one common
share and one-half warrant, at a price to be determined. In addition, the
company has granted an option to the agent exercisable, in whole or in part, at
any time up to 48 hours prior to the time scheduled for the closing of the
offering, to increase the size of the offering, on the same terms, for an
additional $4 million of units.


Sino Vanadium has engaged Canadian investment dealer Global Maxfin Capital Inc.
as the agent for the offering. Details of this engagement will be disclosed when
the final prospectus is filed.


Net proceeds of the offering will be used for operations, to:



--  Complete the Company's 43-101-compliant bankable feasibility study, 
--  Undertake preparations for plant construction on the wholly owned Daquan
    property, 
--  Advance discussions with potential partners and customers, and 
--  Map out and begin to execute on a strong acquisition strategy. 



Closing of the offering is subject to certain conditions, including final due
diligence, regulatory approval, and approval of the TSX Venture Exchange. 


"We are very pleased to have entered into this agreement with Global Maxfin,"
said Enrique Lopez de Mesa, Sino Vanadium's president and COO. "The completion
of this offering is key to preparing the way for the infrastructure build
required to begin production at our Daquan project."


"With this financing Sino Vanadium will be able to begin to build out its
acquisition strategy," said MA Zhaoyang, PhD, co-founder, director, and chairman
of Sino Vanadium. "The Company is situated in a highly prospective belt, and has
already identified several potential candidates."


Details of the offering are available in the preliminary prospectus, filed on
SEDAR at www.sedar.com. The preliminary prospectus is still subject to
completion or amendment. There will not be any sale or acceptance of an offer to
buy the securities until a receipt for the (final) prospectus has been issued.
The preliminary prospectus is not being filed in the United States. This press
release shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any jurisdiction in
which such offer, solicitation, or sale would be unlawful.


About Sino Vanadium 

The Company owns 100% of the Daquan property in Shaanxi province, China. The
property contains a world-class vanadium deposit in an indicated resource of
15.9M tonnes at an average grade of 0.95% of vanadium pentoxide (V2O5) (330M
lbs. contained V2O5) and an inferred resource of 18.7M tonnes at an average
grade of 0.92% of V2O5 (370M lbs. contained V2O5) with a project net present
value (NPV) (10% discount) of $878,318,000 as per its NI 43-101-compliant
report, available on SEDAR (www.sedar.com). Mineral resources that are not
mineral reserves have no demonstrated economic viability. China is the world's
largest single consumer of vanadium, which it uses primarily for high-strength
steel and titanium alloys. Sino Vanadium also sees strong future potential in
the growth of the high-energy, high-power, extra-long-life battery industry. The
Company's objective is to create shareholder value through the consolidation of
vanadium development and production. For further information, please visit
www.sinovanadium.com.


Forward-Looking Statements 

This document may contain "forward-looking statements" within the meaning of
Canadian securities legislation and the United States Private Securities
Litigation Reform Act of 1995. These forward-looking statements are made as of
the date of this document and the Company does not intend, and does not assume
any obligation, to update these forward-looking statements. Forward-looking
statements relate to future events or future performance and reflect management
of the Company's expectations or beliefs regarding future events and include,
but are not limited to, statements with respect to the estimation of mineral
resources, the realization of estimates, the timing and amount of estimated
future production, costs of production, capital expenditures, success of mining
operations, and potential acquisitions.