Uncategorized

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 ...

Continue Reading →
0

Financing Update

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 ...
Continue Reading →
0

Financing Update

 

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 ...
Continue Reading →
0

Micromem: Provides Current Update

Toronto, Ontario and New York, New York, August 28, 2018 – Micromem Technologies, Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies, Inc. (MAST), provides the following update:

Mr. Steve Van Fleet has resigned as an officer and director of Micromem as of August 17, 2018. The Board of Directors of the Company has accepted his resignation.

The Company has developed a transition plan that is now in effect. It is pleased to announce ...

Continue Reading →
0

Update ARTRA-171

Toronto, Ontario and New York, New York–(Newsfile Corp. – April 30, 2018) – Micromem Technologies, Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies, Inc. (MAST), announced the release of the ARTRA-171 in situ oil and gas tracer in a press release dated January 23 and the launch at the SPE conference in a press release dated April 12. In addition to the release of the tracer we advised in our recent ...

Continue Reading →
0

Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – April 5, 2017) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that it has successfully completed the partitioning alcohol detectability phase with our in-situ interwell tracer detection platform. Our client and joint product development partner, a major oil and gas company, accepted the detection accuracy and repeatability of the system. The client has ...

Continue Reading →
0

Micromem: Issues Convertible Debentures

Toronto, Ontario and New York, New York–(Newsfile Corp. – June 10, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) announces the private placement of convertible, unsecured debentures in a principal amount totaling $500,000 USD (the “Convertible Debentures”). The Convertible Debentures were issued in exchange for the forgiveness of existing debentures, and bear an interest rate of two percent (2%) per month, calculated daily, and maturing on September 2, 2016. At any ...

Continue Reading →
0

Micromem: Update

Toronto, Ontario & New York, New York–(Newsfile Corp. – January 25, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that as referenced in our press release dated January 7, 2016, the Company has received the first payment of USD $150,000 against the two purchase orders issued totaling USD $250,000 by our LIBS partner. In addition, Micromem has received interest by parties ...

Continue Reading →
0