Micromem Technologies Inc.

Recent News

  • Micromem Announces Private Placement

    Toronto, Ontario and New York, New York--(Newsfile Corp. - May 25, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces its intention to raise gross proceeds of C$21,000 through a non-brokered private placement by issuing 200,000 common shares at C$0.105 per share (the "Private Placement"). It is expected that closing will occur on or about the date that is five business days after the date of this news release. The Company anticipates that it will use the...

    2023-05-25 3:55 PM EDT
  • Micromem Announces Closing of Private Placement

    Toronto, Ontario and New York, New York--(Newsfile Corp. - April 28, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces the closing of its private placement (the "Private Placement") of common shares. The Company has placed a total of 2,939,500 common shares at CDN$0.12 per share and is raising gross proceeds of approximately CDN $352,740. The Issuer intends to use the Private Placement proceeds for general working capital and repayment of debt. All securities...

    2023-04-28 4:30 PM EDT
  • Micromem Power Line Monitoring Project Update

    Toronto, Ontario and New York, New York--(Newsfile Corp. - April 19, 2023) -  Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") has made a significant commitment since 2020 to build its expertise and its profile in technology designed for comprehensive, real time electrical power line monitoring. Micromem personnel have attended multiple industry trade shows dealing with the electricity transmission sector. In 2021 the Company hired two graduate students in mechanical and electrical engineering for a term of...

    2023-04-19 9:29 AM EDT
  • Micromem Undertakes Private Placement

    Toronto, Ontario and New York, New York--(Newsfile Corp. - April 12, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces its intention to raise gross proceeds of up to $300,000 CDN (subject to an up to 50% increase at the discretion of the Company) through a non-brokered private placement of its common shares at $0.12CDN per share. Micromem has requested and received price protection from the Canadian Securities Exchange. The Company anticipates that...

    2023-04-12 3:55 PM EDT
  • Micromem Romanian Project Update

    Toronto, Ontario and New York, New York--(Newsfile Corp. - April 11, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce it has been advised that the algorithms for the analytics will be complete in time for installation on the 2 Initial Units that were previously announced. The University and WING have selected project leads and teams for the analytic solutions, ARTRA technology and powerline monitoring (PLM) work. The Company expects the...

    2023-04-11 4:15 PM EDT
  • Micromem Grant of Options

    Toronto, Ontario and New York, New York--(Newsfile Corp. - April 6, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or "the Company") announces the issuance of 1,000,000 options to purchase common shares of the Company (the "Options") at a strike price of $0.16 CDN/$0.12 USD, in accordance with the 2020 Micromem Technologies Inc. Stock Option Plan. The 1,000,000 Options expiring April 6, 2024 have been granted to a consultant as compensation for work relating to the Company's project...

    2023-04-06 4:15 PM EDT
  • Micromem Receives Purchase Order

    Toronto, Ontario and New York, New York--(Newsfile Corp. - April 4, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce it has received the purchase order referred to in its previous press release dated March 27, 2023 for two ARTRA technology units (the "Initial Units"). The receipt of this purchase order is Phase Two (of three phases) of the agreement completed between WING[1], Universitatea Petrol SI Gaze Ploiesti (the "University"), Augustine...

    2023-04-04 4:00 PM EDT
  • Micromem Update

    Toronto, Ontario and New York, New York--(Newsfile Corp. - March 27, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company"). Micromem is pleased to announce that it has completed its agreement ("Agreement") between WING[1], Universitatea Petrol SI Gaze Ploiesti (the "University"), Augustine Professionals and the Company. This Agreement governs three phases of development for Micromem's projects in Romania.Phase one of the Agreement relates to the development of analytics software for Micromem's ARTRA project which is to...

    2023-03-27 4:05 PM EDT
  • Micromem Announces Closing of Private Placement

    Toronto, Ontario and New York, New York--(Newsfile Corp. - March 24, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces the closing of its private placement (the "Private Placement") of common shares. The Company has placed a total of 5,100,000 common shares at CDN$0.05 per share raising gross proceeds of CDN $255,000. The Issuer intends to use the Private Placement proceeds for general working capital and repayment of debt. All securities issued pursuant...

    2023-03-24 5:00 PM EDT
  • Micromem Grant of Options

    Toronto, Ontario and New York, New York--(Newsfile Corp. - March 20, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") or ("the Company") announces the issuance of 2,000,000 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 and employees at a strike price of $0.10 CDN/$0.07 USD and will expire March 20, 2028.About Micromem.Micromem Technologies Inc. and its subsidiaries,...

    2023-03-20 3:39 PM EDT