Toronto, Ontario & New York, New York–(Newsfile Corp. – December 7, 2015) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) announces the completion of a private placement of non-convertible, unsecured debentures (the “Debentures”) and unsecured convertible debentures (the “Convertible Debentures”). The proceeds from the sale of the Debentures were $250,000 USD, bearing an interest rate of two percent (2%) per month, calculated daily, and maturing on March 31, 2016. The proceeds from the sale of the Convertible ...
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2015