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DOTZ NANO LIMITED Capital/Financing Update 2009

Sep 20, 2009

64794_rns_2009-09-20_cad23e8c-073e-4735-abd0-8f19c3690db9.pdf

Capital/Financing Update

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21 September 2009

Northern Iron Limited – Rights issue – Notification of change to the exercise price pursuant to ASX Listing Rule 3.11.2

In compliance with ASX Listing Rule 3.11.2 we advise that the exercise price of the Company's unlisted options will change as follows with effect from 28 September 2009:

Old Exercise New Exercise
**Number ** Class price Price
1,150,000 Unlisted options exercisable on or $2.15 $2.08
before 13 December 2010
1,150,000 Unlisted options exercisable on or $3.01 $2.94
before 13 December 2010
2,000,000 Unlisted options exercisable on or $3.01 $2.94
before 13 June 2010
200,000 Unlisted options exercisable on or $4.12 $4.05
before 4 August 2011
200,000 Unlisted options exercisable on or $4.80 $4.73
before 4 August 2011

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Bob Anderson Company Secretary

WS: 781813_3