March 12 (Reuters) - ATW Tech Inc ATW.V :
* ATW TECH FIXES TERMS OF PRIVATE PLACEMENT
* ATW TECH - PRIVATE PLACEMENT WILL CONSIST OF OFFERING OF BETWEEN 12 MILLION AND 30 MILLION UNITS, EACH AT PRICE OF $0.05/UNIT
* ATW TECH - WILL NOT PROCEED WITH ITS PREVIOUSLY ANNOUNCED ACQUISITION FROM FASTRACK TRUST