Business NewsMarketWire • Nano Capital Corp.: Modifications to the Terms and Conditions of the Private Placement Previously Announced on January 28, 2010

Nano Capital Corp.: Modifications to the Terms and Conditions of the Private Placement Previously Announced on January 28, 2010

Nano Capital Corp.: Modifications to the Terms and Conditions of the Private Placement Previously Announced on January 28, 2010

CALGARY, ALBERTA--(Marketwire - Feb. 26, 2010) - Nano Capital Corp. ("Nano") (TSX VENTURE:NON.P) hereby announces modifications to the terms and conditions of the proposed non-brokered private placement (the "Private Placement") previously announced in its press release dated January 28, 2010. As originally announced, the Private Placement was for a minimum of 1,875,000 common shares in the capital of Nano (each a "Common Share" and collectively the "Common Shares") and a maximum of 2,750,000 Common Shares at a deemed price of $0.20 per Common Share for minimum gross proceeds of $375,000 and maximum gross proceeds of $550,000. The Private Placement has now been modified such that its consists of a minimum of 1,875,000 Units of Nano (each a "Unit" and collectively the "Units") issuable at a price of $0.20 per Unit for minimum gross proceeds of $375,000 (the "Minimum Offering") and a maximum of 2,500,000 Units issuable

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