SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                                 August 16, 2005
                ------------------------------------------------
                Date of Report (Date of earliest event reported)


                          NANOPIERCE TECHNOLOGIES, INC.
              -----------------------------------------------------
             (Exact name of Registrant as specified in its charter)


           Nevada                     33-19598-D                84-0992908
--------------------------------------------------------------------------------
(State or other jurisdiction   (Commission File Number)       (IRS Employer
      of incorporation)                                   Identification Number)


                           370 17th Street, Suite 3640
                             Denver, Colorado 80202
            ---------------------------------------------------------
              (Address of principal executive offices)   (Zip Code)


                                 (303) 592-1010
            -------------------------------------------------------
              (Registrant's telephone number, including area code)


Check  the  appropriate  box  below  if  the  Form  8-K  filing  is  intended to
simultaneously  satisfy the filing obligation of the registrant under any of the
following  provisions:

[_]  Written  communications  pursuant  to Rule 425 under the Securities Act (17
     CFR  230.425)
[_]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)
[_]  Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange  Act  (17  CFR  240.14d-2(b))
[_]  Pre-  commencement  communications  pursuant  to  Rule  13e-4(c)  under the
     Exchange  Act  (17  CFR  240.13e-4(c))



                            SECTION 7 - REGULATION FD

ITEM 7.01 REGULATION FD DISCLOSURE.

Press Release

The  information  in this Item 7.01 of this Current Report is furnished pursuant
to  Item 7.01 and shall not be deemed "filed" for any purpose, including for the
purposes  of  Section  18  of  the  Exchange  Act,  or  otherwise subject to the
liabilities  of that Section. The information in this Current Report on Form 8-K
shall  not  be  deemed  incorporated  by  reference  into  any  filing under the
Securities  Act  or  the  Exchange  Act  regardless of any general incorporation
language  in  such  filing.

On  August  16,  2005,  NanoPierce  Technologies,  Inc.  issued  a press release
announcing  the  formation  of  BioAgra,  LLC.  The text of the press release is
attached  hereto  as  Exhibit  99.1.


                  SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

               (c)  Exhibits: The following exhibits are hereby filed as part of
               this  report  on  Form  8-K.  Exhibit  numbers  correspond to the
               numbers  in  the  exhibit  table  of  Item 601 of Regulation S-B.


 EXHIBIT NO.                         DESCRIPTION

   99.1*       Form of Press Release, dated as of August 16, 2005 announcing
               creation of joint venture between the Registrant and Xact 
               Resources International


________________
*Filed  herewith.



                                   SIGNATURES

     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
Registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  hereunto  duly  authorized.


Date:  August  16,  2005                     NANOPIERCE TECHNOLOGIES, INC.



                                                   /s/ Kristi J. Kampmann
                                                  ------------------------------
                                                  Kristi J. Kampmann,
                                                  Chief Financial Officer