NEWS

Toronto, Ontario and New York, New York, July 20, 2022 – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) is pleased to provide the following update. The University of Ploiesti, Romania (Universitatea Petrol-Gaze Din Ploiesti) (“the University”) has now executed an agreement with Micromem. This agreement will govern the development and project specific modifications to the tracer detection technology and, in addition, the analytics software development.

The University was selected by Romgaz to head up the technical aspects of ...

Toronto, Ontario and New York, New York–(Newsfile Corp. – November 12, 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 $0.055 CDN per share for aggregate gross proceeds of $126,500 CDN. The Company is issuing a total of 2,300,000 common shares in this Private Placement that closed on November 11, 2021. Micromem intends to use the proceeds for general working capital including ...

Toronto, Ontario and New York, New York, October 22, 2021 – Micromem Technologies Inc. (“Micromem” or the “Company”) (CSE: MRM, OTCQB: MMTIF) announces the closing of its private placement (the “Private Placement”) of common shares at $0.055 CDN per share for aggregate gross proceeds of $94,768 CDN.  The Company is issuing a total of 1,723,055 common shares in this Private Placement that closed on October 22, 2021. Micromem intends to use the proceeds for general working capital including debenture repayments.  ...

Toronto, Ontario and New York, New York, October 8, 2021 – Micromem Technologies Inc. (“Micromem” or (“the Company”) (CSE: MRM, OTCQB: MMTIF announces the issuance of 3,000,000 options to purchase common shares of the Company (the “Options”) at a strike price of $0.09 CDN/$0.07 USD, in accordance with the 2020 Micromem Technologies Inc. Stock Option Plan. A total of 1,000,000 Options expiring October 8, 2026 have been issued to directors and officers and 2,000,000 Options expiring October 8, 2022 have ...

Toronto, Ontario and New York, New York–(Newsfile Corp. – July 30, 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 $0.08 CDN per share for aggregate gross proceeds of $307,836 CDN. The Company is issuing a total of 3,847,942 common shares in this Private Placement that closed on July 28, 2021. Micromem intends to use the proceeds for general working capital including ...

Toronto, Ontario and New York, New York–(Newsfile Corp. – June 29, 2021) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) provides the following update:

On October 16, 2018, Steven Van Fleet commenced an action against Micromem and its subsidiary Micromem Applied Sensor Technologies, Inc. (“MAST”) alleging breach of Mr. Van Fleet’s consulting contract. Micromem and MAST denied the allegations in their answer to the complaint and interposed several counterclaims against Mr. Van Fleet, which included breach of fiduciary ...

Toronto, Ontario and New York, New York, May 18, 2021 – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) has been advised by Romgaz representatives that the University of Ploiesti, Romania (Universitatea Petrol-Gaze Din Ploiesti) (“the University”) completed a report reviewing the need for tracer monitoring technologies by Romgaz.  The University’s review resulted in the recommendation to move forward with Micromem’s tracer monitoring technologies. The Company has requested a copy of the report for its files.

Romgaz has also ...

Toronto, Ontario–(Newsfile Corp. – May 6, 2021) – Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (“Micromem”) (“the Company”) reports that Romgaz has advised the Company that they have engaged the Petroleum-Gas University of Ploiesti, Romania (Universitatea Petrol-Gaze Din Ploiesti) to be the research arm for the tracer technology (the “Technology”). The Technology is being developed by the Company in conjunction with Romgaz for installation on their site. Prof. dr. ing. Lazar Avram, the Director of Well Drilling, Hydrocarbon Extraction and ...

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 ...