Micromem Provides Update on Meeting with Chevron
Ontario and New York, New York--(Newsfile Corp. - September 26, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces its management met with Chevron representatives in their Houston offices on September 25th; several topics were reviewed and a go forward process and timetable has been mutually agreed upon, these are the subject of additional press releases. Micromem has secured access to the Chevron designed automated sampler system (the...
2024-09-26 4:15 PM EDT
Micromem Closes Private Placement
Ontario and New York, New York--(Newsfile Corp. - September 26, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces closing of its non-brokered private placement (the "Private Placement") previously announced in its news release issued on September 16, 2024. Micromem raised gross proceeds of approximately C$354,973 by placing a total of 11,832,420 units at a price of C$0.03 per unit, each unit being comprised of one common share and one warrant...
2024-09-26 4:05 PM EDT
Micromem Announces Proposed Private Placement
Ontario and New York, New York--(Newsfile Corp. - September 16, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces the intention to proceed with a non-brokered private placement (the "Private Placement") by issuing common share units comprised of one share and one warrant, each share priced at $0.03 per share and each warrant exercisable at $0.05 for a period of three years. The gross proceeds to be raised in this Private Placement would be up...
2024-09-16 5:43 PM EDT
Micromem Confirms Meeting Date with Chevron
Ontario and New York, New York--(Newsfile Corp. - September 4, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces that it has confirmed a meeting with Chevron on September 25, 2024. The meeting will be held in the Chevron offices in Houston. The purpose of the meeting is to discuss the current status of the project and go forward strategies. About Micromem. Micromem Technologies Inc. and its subsidiaries, a publicly traded (OTCQB: MMTIF) (CSE:...
2024-09-04 4:00 PM EDT
Micromem Closes Private Placement
Ontario and New York, New York--(Newsfile Corp. - July 26, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces closing of its non-brokered private placement (the "Private Placement") previously announced in its news release issued on June 18, 2024. Micromem raised gross proceeds of approximately C$267,894 by placing a total of 8,929,800 common shares at C$0.03 per share and a total of 8,929,800 warrants exercisable at C$0.05 per share for a...
2024-07-26 4:00 PM EDT
Micromem Provides Update and Announces Proposed Private Placement
Ontario and New York, New York--(Newsfile Corp. - June 18, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") provides the following update. Chevron has recently communicated their continued interest in the Company's technical development of the interwell tracer technology that the Company is pursuing. Micromem's working relationship with its 3rd party technical support teams in the United States and in Canada remains excellent and it continues to...
2024-06-18 6:00 PM EDT
Micromem Announces Private Placement
Ontario and New York, New York--(Newsfile Corp. - March 8, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") is proceeding with a non-brokered private placement (the "Private Placement") by issuing a total of 1,316,007 common shares at CDN$0.065 per share pursuant to a price protection received on February 26, 2024. The gross proceeds being raised in this Private Placement amount to approximately CDN$85,540. Micromem intends to use the proceeds raised...
2024-03-08 3:55 PM EST
Micromem - Update on Joint Development and Licensing Agreements with Chevron, AGM
Ontario and New York, New York--(Newsfile Corp. - February 12, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") is pleased to provide a current update on its dealings with Chevron. As previously reported Micromem's CFO met most recently with Chevron's team at their Houston offices on December 4, 2023, regarding the automated tracer technology. Further discussions took place last week, the week of February 5, 2024. Currently, Micromem and Chevron are...
2024-02-12 4:00 PM EST
Micromem Closes Private Placement
Ontario and New York, New York--(Newsfile Corp. - January 16, 2024) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") is pleased to announce the closing of its non-brokered private placement (the "First Private Placement") previously announced in its news release issued on December 5, 2023. Pursuant to the First Private Placement, Micromem issued a total of 1,900,000 common shares at CDN$0.06 per share raising gross proceeds of approximately CDN$114,000 and...
2024-01-16 3:55 PM EST
Micromem Update on Meeting with Chevron
Ontario and New York, New York--(Newsfile Corp. - December 12, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to provide a current update on the ongoing discussions with Chevron regarding the automated tracer technology. Our Chief Financial Officer met with the Chevron team in their offices on December 4th. It was agreed that Chevron and Micromem will execute a current joint development agreement in Q1 2024. This updated version will...
2023-12-12 4:00 PM EST
Micromem Announces Proposed Private Placement
Ontario and New York, New York--(Newsfile Corp. - December 5, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces the intention to proceed with a non-brokered private placement (the "Private Placement") by issuing common shares at CDN$0.06 per share and/or convertible debenture(s), bearing an interest rate of twelve percent (12%) per annum compounded daily, with a conversion option at CDN$0.07 per share and maturing in 12 months. The gross...
2023-12-05 3:48 PM EST
Micromem Announces Proposed Private Placement
Ontario and New York, New York--(Newsfile Corp. - November 7, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces the intention to proceed with a non-brokered private placement (the "Private Placement") by issuing common shares at CDN$0.07 per share and/or convertible debenture(s), bearing an interest rate of twelve percent (12%) per annum compounded daily, with a conversion option at CDN$0.08 per share and maturing in 12 months. The gross...
2023-11-07 3:55 PM EST
Micromem Update on Purchase Orders
Ontario and New York, New York--(Newsfile Corp. - September 25, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce that it has received the first installment payment towards the purchase order received for the initial sale of 2 of its ARTRA units (the "Units") for its project in Romania. This first installment of $63,800 USD is one of 4 payments to be received; the total funds to be received by Micromem for these initial 2 units...
2023-09-25 8:30 AM EDT
Micromem Announces Private Placement
Ontario and New York, New York--(Newsfile Corp. - September 19, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces a proposed private placement (the "Private Placement") of common shares and convertible debenture(s) for aggregate gross proceeds of CDN$194,000. It is anticipated that the Company will place a total of 625,000 common shares at CDN$0.08 per share for gross proceeds of CDN $50,000, and convertible debenture(s) for gross proceeds of...
2023-09-19 7:51 PM EDT
RETRANSMISSION: Micromem-Chevron Meeting Update
Ontario and New York, New York--(Newsfile Corp. - August 11, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to provide a current update on our ongoing discussions with Chevron regarding the automated tracer technology which the Company continues t
2023-08-11 8:41 AM EDT
Micromem-Chevron Meeting Update
Ontario and New York, New York--(Newsfile Corp. - August 10, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to provide a current update on our ongoing discussions with Chevron regarding the automated tracer technology which the Company continues to pursue. Chevron and the Company initially conducted beta testing of this technology in field tests in Lost Hill California in 2019-2020. These tests were the basis for Micromem's later...
2023-08-10 4:00 PM EDT
Micromem Receives Second Purchase Order
Ontario and New York, New York--(Newsfile Corp. - July 27, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce that the Company has received a second purchase order for an ARTRA unit for delivery to Romania. This build is the first order for a unit for use in the natural gas industry and follows the order previously announced on July 5th for the oil well project. This additional purchase order expands the market opportunities for...
2023-07-27 9:00 AM EDT
Micromem Receives ARTRA Gas Specifications
Ontario and New York, New York--(Newsfile Corp. - July 13, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce it has received the detailed specifications for an ARTRA natural gas unit (the "Unit") which is to be delivered to Romania. The Unit specifications will allow for the Company's first sale of a diagnostic ARTRA unit relating to natural gas wells. This Unit, which is now being costed, will be built in California by our...
2023-07-13 1:00 PM EDT
Micromem Received Purchase Order
Ontario and New York, New York--(Newsfile Corp. - July 5, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce, further to the previous news released on June 29th, the Company has received a purchase order for the delivery of an ARTRA oil unit for delivery to Romania. This purchase order is separate from the order expected for the gas well project. The oil unit is similar in configuration and operation to the unit Micromem delivered...
2023-07-05 8:30 AM EDT
Micromem Expands Opportunity in Romania
Ontario and New York, New York--(Newsfile Corp. - June 29, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce it has received the detailed specifications for an ARTRA oil unit (the "Unit") to be delivered to Romania. The Unit, in operation and type, is a similar Unit that was delivered to Chevron and successfully tested in Lost Hills California. This Unit, which is now being costed, will be built in California by our engineering...
2023-06-29 12:34 PM EDT