Micromem Technologies Inc.

Recent News

  • Micromem Announces Closing of Private Placement

    Toronto, Ontario and New York, New York--(Newsfile Corp. - May 20, 2022) -  Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces the closing of its private placement (the "Private Placement") of common shares and convertible debentures for aggregate gross proceeds of CDN$282,000. The Company has placed a total of 1,800,000 common shares at CDN$0.05 per share raising gross proceeds of CDN $90,000. In addition, Micromem has placed three convertible debentures raising gross proceeds of CDN$192,000, with each...

    2022-05-20 3:30 PM EDT
  • Micromem Announces Closing of Private Placement

    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...

    2021-11-12 4:00 PM EST
  • Micromem Announces Closing of Private Placement

    Toronto, Ontario and New York, New York--(Newsfile Corp. - October 22, 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 $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...

    2021-10-22 6:00 PM EDT
  • Micromem Grant of Options

    Toronto, Ontario and New York, New York--(Newsfile Corp. - October 8, 2021) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or ("the Company") 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,...

    2021-10-08 5:00 PM EDT
  • Micromem Announces Closing of Private Placement

    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...

    2021-07-30 4:00 PM EDT
  • Micromem Update: Steve Van Fleet Action Against Micromem Dismissed; Court Awards Damages to Micromem

    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...

    2021-06-29 5:00 PM EDT
  • Micromem Romgaz Update

    Toronto, Ontario and New York, New York--(Newsfile Corp. - 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...

    2021-05-18 9:00 AM EDT
  • Micromem Romgaz Update

    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...

    2021-05-06 2:30 PM EDT