Vancouver, British Columbia--(Newsfile Corp. - August 22, 2017) - Nano One Materials Corp. (TSXV: NNO) (FSE: LBMB) (OTC Pink:
NNOMF) ("Nano One" or the "Company") is pleased to announce that it has arranged a non-brokered private placement of up to
3,000,000 units of the Company (the "Units") at a price of $1.00 per Unit for gross proceeds of up to $3,000,000.
Each Unit will consist of one common share and one-half of one common share purchase warrant (each whole such warrant, a
"Warrant"). Each Warrant will entitle the holder to purchase an additional common share at a price of $1.25 for a period of 24
months from the closing date. The proceeds of this private placement will be used for technology and corporate development, and
general working capital. In connection with the private placement, the Company may pay finder's fees in cash or securities or a
combination of both, as permitted by the policies of the TSX Venture Exchange.
The shares issued pursuant to the private placement will be subject to a hold period under applicable securities laws, which
will expire four months plus one day from the date of closing of the private placement. Closing of the private placement is subject
to receipt of all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange.
Nano One Materials Corp.
Dan Blondal, CEO
For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604)
669-2701 or visit the website at www.nanoone.ca.
About Nano One:
Nano One Materials Corp ("Nano One" or "the Company") is developing patented technology for the low-cost production of high
performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology
addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The
process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and
future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common
to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the
assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC) and the Automotive
Supplier Innovation Program (ASIP). Nano One also receives financial support from the National Research Council of Canada
Industrial Research Assistance Program (NRC-IRAP). Nano One's mission is to establish its patented technology as a leading platform
for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca
Certain information contained herein may constitute "forward-looking information" under Canadian securities
legislation. Forward-looking information includes, statements related to the completion of the private placement and the
use of proceeds thereof. Generally, forward-looking information can be identified by the use of forward-looking
terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should',
'ongoing', or variations of such words and phrases or statements that certain actions, events or results "will" occur.
Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they
are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking
statements or forward-looking information, including: the receipt of all necessary regulatory approvals. Although
management of the Company has attempted to identify important factors that could cause actual results to differ materially from
those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any
forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by
applicable securities laws.
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 NEWS RELEASE
THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL SECURITIES AND THE COMPANY IS NOT SOLICITING AN OFFER TO BUY THE
SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS
AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED
OR EXEMPT THEREFROM.
NOT FOR DISSEMINATION IN THE UNITED STATES
OR THROUGH U.S. NEWSWIRE SERVICES
