Micromem Progress Report on Romanian Projects
Ontario and New York, New York--(Newsfile Corp. - June 26, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce that our engineering team has now fully responded to the specifications required by the Company in order to utilize the ARTRA technology units for the oil and gas wells in Romania. The ARTRA technology has been developed by our Silicon Valley based engineering partner and was previously successfully tested by Chevron in...
2023-06-26 8:00 AM EDT
Micromem Update on Projects in Romania
Ontario and New York, New York--(Newsfile Corp. - June 5, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") has been advised that the work plan being developed by our team in Romania is expected to be completed mid-June. The work plan incorporates all the requirements for the ARTRA system and a schedule for the roll out of each phase. The team that Micromem and its partners have assembled to complete this work will be Chaired by Professor Dan Ioan...
2023-06-05 4:00 PM EDT
Micromem Announces Private Placement
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...
2023-05-25 3:55 PM EDT
Micromem Announces Closing of Private Placement
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...
2023-04-28 4:30 PM EDT
Micromem Power Line Monitoring Project Update
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...
2023-04-19 9:29 AM EDT
Micromem Undertakes Private Placement
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 it...
2023-04-12 3:55 PM EDT
Micromem Romanian Project Update
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
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...
2023-04-06 4:15 PM EDT
Micromem Receives Purchase Order
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"),...
2023-04-04 4:00 PM EDT
Micromem Update
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...
2023-03-27 4:05 PM EDT
Micromem Announces Closing of Private Placement
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...
2023-03-24 5:00 PM EDT
Micromem Grant of Options
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...
2023-03-20 3:39 PM EDT
Micromem Update
Ontario and New York, New York--(Newsfile Corp. - December 28, 2022) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company"). The Company has had a busy year in its ongoing operations. The COVID-19 pandemic delayed much of Micromem's plans and progress with its partners during 2022. As the COVID-19 situation abated during the second half of the year, the Company has interacted with its partners to move its joint initiatives and projects forward as quickly as...
2022-12-28 4:00 PM EST
Micromem Grant of Options
Ontario and New York, New York--(Newsfile Corp. - October 11, 2022) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") or ("the Company") announces 2,000,000 options granted to a consultant as compensation for work relating to the Company's project with Romgaz on October 8, 2021 have expired. The Company is issuing 2,000,000 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...
2022-10-11 2:41 PM EDT
Micromem - Romgaz Project, University of Ploiesti Update
Ontario and New York, New York--(Newsfile Corp. - 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...
2022-07-20 4:00 PM EDT
Micromem Announces Closing of Private Placement
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...
2022-05-20 3:30 PM EDT
Micromem Announces Closing of Private Placement
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
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
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...
2021-10-08 5:00 PM EDT
Micromem Announces Closing of Private Placement
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...
2021-07-30 4:00 PM EDT