Micromem: Update
Ontario and New York, New York--(Newsfile Corp. - February 16, 2018) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces: The completion of a $83,500 USD debenture and a $63,000 USD debenture for a 12-month term, bearing interest rates of twelve percent (12%) per annum compounded daily. The Company has an option to repay the debenture within the first 6 months of the 12-month term. The funds have been used to repay previously unsecured debentures,...
2018-02-16 5:00 PM EST
Micromem: Final Testing Completed; New In-situ Tracer Detection Platform Launched by MAST for Field Installation
Ontario and New York, New York--(Newsfile Corp. - February 12, 2018) - Micromem Technologies, Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies, Inc. (MAST), and in conjunction with its technology partner Entanglement Technologies, Inc. (“Entanglement”) announces that the AROMA model ATRA171 tracer detector analyzer has successfully passed all final performance testing and is now released to the market for...
2018-02-12 8:30 AM EST
Micromem Releases Commercialized Next Generation Tracer Detection Product
Ontario and New York, New York--(Newsfile Corp. - January 23, 2018) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce the commercial release of the AROMA Tracer Detection product ("AROMA"). This innovative, first in the world, product is the result of a four-year joint development agreement with a major oil and gas energy production company. Please...
2018-01-23 11:58 AM EST
Micromem: Update
Ontario and New York, New York--(Newsfile Corp. - January 19, 2018) - Micromem Technologies Inc. ("Micromem") ("the Company") (CSE: MRM) (OTCQB: MMTIF) announces: - the completion of a $153,000 USD debenture for a 12-month term, bearing an interest rate of five percent (5%) per annum compounded daily. The Company has an option to repay the debenture within the first 6 months of the 12-month term.
2018-01-19 5:30 PM EST
Micromem: Update
Ontario and New York, New York--(Newsfile Corp. - December 20, 2017) - Micromem Technologies Inc. ("Micromem") ("the Company") (CSE: MRM) (OTCQB: MMTIF) announces that Collins Barrow LLP (now known as RSM Canada LLP) have resigned at the request of Micromem, as the Company's independent auditors for the fiscal year ended October 31, 2017. MNP LLP has been appointed as the Company's new independent auditors for the year then ended. Joseph Fuda, CEO, stated: "The Company acknowledges the...
2017-12-20 4:00 PM EST
Micromem: Update on Projects
Ontario and New York, New York--(Newsfile Corp. - December 14, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), provides an update on current projects. Oil Field Technology Product. Micromem through its wholly owned subsidiary MAST, has, over the last three years been engaged in a joint development agreement with our oil and gas partner ("our partner") to develop a...
2017-12-14 8:00 AM EST
Micromem: Update
Ontario and New York, New York--(Newsfile Corp. - October 27, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces that its oil company partner has awarded the Company an additional contract valued at approximately $1 million USD to be completed over the next 4-6 months. Additionally, the Company has been advised by the Canadian Securities Exchange (CSE) that it is included on the CSE25 Index as one of the twenty-five largest companies in the CSE...
2017-10-27 6:00 PM EDT
Micromem: Debenture Conversion
Ontario and New York, New York--(Newsfile Corp. - October 18, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces the amendment of the price of the convertible unsecured debenture totaling CAD$700,759 from the original conversion price ranging from USD$0.21 to the amended conversion price equal to the previous day's closing price of CAD$0.155. Immediately following the amendment of the exercise price, the debentures will convert into a total of...
2017-10-18 4:00 PM EDT
Micromem: Debenture Extension and Conversion
Ontario and New York, New York--(Newsfile Corp. - October 6, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces that the convertible unsecured debenture totaling CAD$50,000 announced September, 2016 has matured, and that the debenture holder has agreed to accept repayment of the principal, including interest, through the issuance of 362,239 common shares at a conversion price equal to the previous day's closing price of CAD$0.155. The Company...
2017-10-06 5:18 PM EDT
Micromem: Interim Filings
Ontario and New York, New York--(Newsfile Corp. - September 29, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces it has filed its interim financial statements for the period ended July 31, 2017 together with the Management's Discussion & Analysis on SEDAR and EDGAR. These documents may be viewed at www.sedar.com and by searching EDGAR at http://www.sec.gov/. About Micromem and MASTInc MASTInc is a wholly owned U.S.-based subsidiary of...
2017-09-29 5:30 PM EDT
Micromem: Provides Current Update
Ontario and New York, New York--(Newsfile Corp. - September 22, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") and its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), provide the following current update on business developments. At the Annual General Meeting of Shareholders on July 21st, the independent directors (Directors) advised that they were undertaking a current assessment of all facets of the Company's operations....
2017-09-22 5:35 PM EDT
Micromem Technologies Inc. engages Consulting Firm
Ontario and New York, New York--(Newsfile Corp. - September 15, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (the "Company") has engaged a consulting firm on a non-exclusive basis. The fees are payable by the issuance of an aggregate of 240,000 common shares of the Company valued at $0.25 per common share. The common shares are subject to resale restrictions. About Micromem and MASTInc MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies Inc., a publicly...
2017-09-15 6:00 PM EDT
Micromem: Financing
Ontario and New York, New York--(Newsfile Corp. - August 25, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces the completion of a $30,000 CDN private placement at $0.19 CDN per Common Share, by an arm's length investor. These funds are used for general working capital purposes. In addition, the Company has issued two Debentures for an aggregate total of $238,500 U.S. made up as follows. One $155,000 U.S. Debenture, bearing an interest rate of...
2017-08-25 5:00 PM EDT
Micromem: Update
Ontario and New York, New York--(Newsfile Corp. - August 2, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces the Company continues to work with their partners on the projects as previously announced, including the recent addition of the newest customer as announced on July 17, 2017. This customer has already been invoiced for the initial unit sale. Micromem...
2017-08-02 11:26 AM EDT
Micromem: CEO Converts Debenture and Private Placement Financings Complete
Ontario and New York, New York--(Newsfile Corp. - July 24, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces it has raised $25,000 CDN by way of a private placement at $0.21 CDN from an arm's length investor. These funds have been used for general working capital purposes. The Company's CEO has also today completed a private placement for $27,800 CDN at a subscription price of $0.21 CDN for a total 132,381 shares issued. The shares issued are...
2017-07-24 2:33 PM EDT
Micromem Provides General Update
Ontario and New York, New York--(Newsfile Corp. - July 19, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") provides the following update: The Company has been made aware of certain information ("Information") which has been distributed by an outside source (s) to an estimated 300 or more individuals including Micromem shareholders. This distribution contains false and misleading statements and may be construed as defamatory. The Company is now...
2017-07-19 10:02 AM EDT
Micromem, Repsol Execute Product Supply Agreement
Ontario and New York, New York--(Newsfile Corp. - July 17, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces it has executed a product supply agreement with Repsol S.A. ("Repsol") (MSE: REP) (OTCQX: REPYY) (www.repsol.energy/en/). Repsol is an integrated global energy company based in Madrid, Spain, that carries out upstream and downstream activities...
2017-07-17 8:30 AM EDT
Micromem: Financing
Ontario and New York, New York--(Newsfile Corp. - July 10, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces it has raised $25,000 CDN by way of a private placement at $0.25 CDN from an arm's length investor. These funds have been used for general working capital purposes. Additionally, 160,000 common shares were issued through a private placement completed by the CFO, in exchange for services rendered and funds owing to the CFO, at a...
2017-07-10 5:16 PM EDT
Micromem: Interim Filings and Financing
Ontario and New York, New York--(Newsfile Corp. - June 29, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") announces it has filed its interim financial statements for the period ended April 30, 2017 together with the Management's Discussion & Analysis on SEDAR and EDGAR. These documents may be viewed at www.sedar.com and by searching EDGAR at http://www.sec.gov/. The Company also announces it raised $64,860.26 CDN at a price of $0.30 in the form of...
2017-06-29 5:34 PM EDT
Micromem: Announces Product Launch
Ontario and New York, New York--(Newsfile Corp. - June 26, 2017) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces it has released for routine sale the RT-Lube Analyzer, the first in the world instrument platform that is capable of real time, on site detection of wear elements in lubricating fluids. The Company's initial focus is early indication of problems...
2017-06-26 8:00 AM EDT