Uncategorized

Toronto, Ontario and New York, New York–(Newsfile Corp. – March 5, 2021) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem” or the “Company“) announces the closing of its private placement (the “Private Placement“) of common shares at $0.065 CDN per share for aggregate gross proceeds of $549,913.11 CDN. The Company is issuing a total of 8,460,209 common shares in this Private Placement that closed in two tranches on February 25, 2021 and March 4, 2021. In connection with the ...

Toronto, Ontario–(Newsfile Corp. – December 1, 2020) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem” or the “Company“) announces the closing of private placements (the “Private Placements“) of 3,542,223 common shares at $0.035 CDN per share for aggregate gross proceeds of $123,977.81 CDN. In connection with the Private Placements, the Company is paying cash fees to arm’s length parties totaling $1,932 CDN. The Issuer intends to use the proceeds for general working capital.

In addition, the Company entered into formal ...

Toronto, Ontario and New York, New York, November 13, 2020 – Micromem Technologies Inc. (“Micromem” or (“the Company”) (CSE: MRM, OTCQB: MMTIF announces the issuance of 6,500,000 options to purchase common shares of the Company (the “Options”), in accordance with the 2020 Micromem Technologies Inc. Stock Option Plan. These Options have been issued to directors, officers, employees, and a consultant at a strike price of $0.07 CDN/$0.05 USD and will expire November 13, 2025.  In September 2020, a total of ...

Toronto, Ontario and New York, New York, November 5, 2020 – Micromem Technologies, Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”)  confirms that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

As disclosed in our most recent CSE Monthly Progress Report filed today, the Company continues to pursue Chevron regarding the finalization of commercialization plans for the ARTRA units.  No definitive date has yet been set ...

Toronto, Ontario and New York, New York–(Newsfile Corp. – December 20, 2019) – Micromem Technologies, Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) is pleased to announce an update on the Romgaz due diligence process. Romgaz provided Micromem with a series of questions and the Company has worked directly with a senior engineer from Chevron to prepare the responses. The results can be found at https://micromeminc.com/wp-content/uploads/2019/12/QA-Romgaz-due-diligence-process-for-Website-PR-2019-1219.pdf. The Q & A gives an overview and a timeline of ...

Micromem Financing Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – October 31, 2018) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) announces the closing of non-brokered private placement totaling (the “Private Placements”) $30,000 CDN at $0.05 CAD per common share. The proceeds are committed to general working capital and repaying debentures. The common shares issued pursuant to the Private Placement shall be subject to a four month and one day hold period.

About Micromem and MASTInc

MASTInc is a wholly ...

Toronto, Ontario and New York, New York–(Newsfile Corp. – October 22, 2018) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) announces the following:

• the completion of unsecured convertible debentures totaling $30,000 CAD and $42,000 USD, bearing an interest rate of one percent (1%) per month, calculated daily, maturing in six months. At any time prior to repayment, the outstanding principal and interest of the convertible debenture may be converted, at the option of the lender, into common shares ...

Toronto, Ontario and New York, New York–(Newsfile Corp. – October 5, 2018) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) announces the following:

• the completion of unsecured convertible debentures totaling $75,000 CAD, bearing an interest rate of one percent (1%) per month, calculated daily, maturing in six months. At any time prior to repayment, the outstanding principal and interest of the convertible debenture may be converted, at the option of the lender, into common shares of the Company ...