Home : June 2011 : June 15, 2011 News : Nesscap Energy Inc. and RUSNANO Announce Global Financing and Agreement to Establish New Ultracapacitors Production Facility in Russia

Nesscap Energy Inc. and RUSNANO Announce Global Financing and Agreement to Establish New Ultracapacitors Production Facility in Russia

June 15, 2011

SEOUL, SOUTH KOREA--(Marketwire - June 15, 2011) - Nesscap Energy Inc. (Nesscap) (TSX VENTURE:NCE), a global leader in research, development and manufacturing of ultracapacitor products, and Open Joint Stock Company RUSNANO (RUSNANO) today announced that they have entered into a non-binding term sheet to provide debt and equity financing to Nesscap for its global expansion, including expansion of facilities in Korea and the development of a manufacturing facility and a R&D centre for Nesscap in Russia. Nesscap is a global leader in research, development and manufacturing of ultracapacitor products.

http://www.marketwire.com/mw/release.do?id=1527302&sourceType=3
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