Posts Tagged 'avoid disasters'

American Oil Company awards Micromem second development contract

Toronto, New York, March 5, 2015: Micromem Technologies Inc. (“Micromem”) (“the Company”) (CSE: MRM, OTCQX: MMTIF) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that the Company has been awarded a second Joint Product Development Agreement “JPDA” by the American based Oil company (“Oil Co.”), the agreement is valued at US $9,200,000. Under the terms of the Agreement the Oil Co. and Micromem will design, build and demonstrate a cement integrity ...

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