Micromem Renews and Issues Convertible Debentures
Ontario and New York, New York--(Newsfile Corp. - September 2, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") announces unsecured convertible debentures totaling $500,000 USD, as previously announced on June 10, 2016 have been cancelled and reissued, maturing on January 2, 2017. The Company also announces the completion of an unsecured convertible debenture totaling $100,000 CDN, maturing January 2, 2017. About Micromem and MASTInc MASTInc is a...
2016-09-02 6:00 PM EDT
Micromem: Issues Shares
Ontario and New York, New York--(Newsfile Corp. - August 26, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") announces the issuance of 67,143 common shares of the Company as payment for legal services rendered, at a price of $0.35 CDN per share. The shares issued are subject to resale restrictions under applicable securities laws. About Micromem and MASTInc MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies Inc., a publicly...
2016-08-26 6:00 PM EDT
Micromem: Update on Oil and Gas Client Product Developments
Ontario and New York, New York--(Newsfile Corp. - August 11, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that, pursuant to our July 13, 2016 press release, the initial invoice has been accepted by the partner. The first payment of US $200,000 for work to be completed by the Company under this agreement will be received on or before...
2016-08-11 8:30 AM EDT
Micromem: Update
Ontario and New York, New York--(Newsfile Corp. - August 2, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") announces the Company was successful in resolving the legal claims outstanding with respect to the Defendants, Dreifus Associates Limited, as previously disclosed in the Company's periodic filings. The parties submitted to a mediation process which was recently completed. The Defendants were seeking $275,000 USD of payments (plus interest) for...
2016-08-02 6:00 PM EDT
Micromem: Update on Oil and Gas Client Product Developments
Ontario and New York, New York--(Newsfile Corp. - July 13, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce the advancement of its MEMS product development for the oil industry. The Company's partner is beginning to purchase the product for initial field evaluation with their critical clients. On the final form factor MEMS product version, the...
2016-07-13 8:30 AM EDT
Micromem: Update on Oil and Gas Client Product Developments
Ontario and New York, New York--(Newsfile Corp. - July 11, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that work has begun on the next phase of our product development with one of our oil and gas partners. This phase is designed to validate field worthiness and evaluate the product for manufacturing readiness and commercialization,...
2016-07-11 8:30 AM EDT
Micromem Issues Update
Ontario and New York, New York--(Newsfile Corp. - July 8, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces that our development projects are ongoing and are at various stages of deployment. Our project partners continue to fund the projects and historically these funds have been reported as a recovery of Deferred Development Costs. The ongoing funding of...
2016-07-08 1:41 PM EDT
Micromem Technologies Inc. Interim Filings
Ontario and New York, New York--(Newsfile Corp. - June 24, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (the "Company") announces it has filed its interim financial statements for the period ended April 30, 2016, together with the Management's Discussion & Analysis on SEDAR and EDGAR today. 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 Micromem...
2016-06-24 6:00 PM EDT
Micromem Issues Convertible Debentures
Ontario and New York, New York--(Newsfile Corp. - June 10, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") announces the private placement of convertible, unsecured debentures in a principal amount totaling $500,000 USD (the "Convertible Debentures"). The Convertible Debentures were issued in exchange for the forgiveness of existing debentures, and bear an interest rate of two percent (2%) per month, calculated daily, and maturing on September 2,...
2016-06-10 6:05 PM EDT
Micromem Q and A Featured on Stockhouse
Ontario and New York, New York--(Newsfile Corp. - June 9, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("the Company") ("Micromem") is pleased to announce a Q&A on the Company is featured on Stockhouse.com (http://www.stockhouse.com/opinion/interviews/2016/06/08/micromem-c-mrm-ceo-breaks-mould-with-innovative-industrial-iot-strategy), Canada's #1 financial portal and one of North America's largest small cap investor communities. The Q&A will also be available on the Company's...
2016-06-09 8:30 AM EDT
Micromem Update on Oil Condition Sensor Suite
Ontario and New York, New York--(Newsfile Corp. - May 18, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces the oil pan plug product development has transitioned from our partner's prototype development facility into their manufacturing facilities. The product development remains ahead of schedule with final product being ready for deployment in 2016....
2016-05-18 11:50 AM EDT
Micromem Update on Oil Condition Sensor Suite
Ontario and New York, New York--(Newsfile Corp. - April 27, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce further to the press release February 23, 2016, and as advised by the Company's tier one manufacturing partner ("Tier One"), the evaluation by the Company's automotive partner ("Automotive Partner") is complete and a meeting to review the...
2016-04-27 2:10 PM EDT
Micromem Editorial Featured on Stockhouse
Ontario and New York, New York--(Newsfile Corp. - April 13, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("the Company") ("Micromem") is pleased to announce an editorial on the Company is featured on Stockhouse.com, Canada's #1 financial portal and one of North America's largest small cap investor communities, http://www.stockhouse.com/news/newswire/2016/04/12/micromem-technologies-c-mrm-paving-industrial-iot-highway. The editorial will also available on the Company's website:...
2016-04-13 9:00 AM EDT
Micromem Announces Third Multimodal Fluid Condition Sensor Patent Awarded
Ontario and New York, New York--(Newsfile Corp. - April 6, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that the United States Patent Office has published Micromem's third Multimodal Fluid Condition Sensor patent. The Company received the Notice of Allowance approximately one year ago and the patent has recently been granted as requested by...
2016-04-06 8:45 AM EDT
Micromem Announces Interwell Tracer Project Formal Approval Received
Ontario and New York, New York--(Newsfile Corp. - April 4, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary, Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that formal approval to begin work on the field deployment phase has been received. A manufacturing partner has been selected by Micromem to begin working with the Company on production of Interwell Tracer field evaluation units that will...
2016-04-04 12:30 PM EDT
Micromem Technologies Inc. Re-engages RB Milestone Group and Completes Convertible Debenture
Ontario and New York, New York--(Newsfile Corp. - April 1, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (the "Company") has re-engaged RB Milestone Group LLC ("RB Milestone") to continue their services and update its current institutional research report on the Company. To pay for the services of RB Milestone the Company has completed a private placement totalling 183,334 common shares at a subscription price of US $0.30 (CAD $0.39) per share for gross proceeds of USD $55,000...
2016-04-01 6:30 PM EDT
Micromem: Extends and Completes Debentures
Ontario and New York, New York--(Newsfile Corp. - March 24, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") announces the completion of a private placement of an unsecured convertible debenture (the "Convertible Debenture"). The proceeds from the sale of the Convertible Debenture were $60,000 USD, bearing an interest rate of one percent (1%) per month, calculated daily, and maturing on July 24, 2016. At any time prior to repayment, the outstanding...
2016-03-24 6:00 PM EDT
Micromem Consolidates and Extends Debentures
Ontario and New York, New York--(Newsfile Corp. - March 15, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") announces the consolidation and extension of several unsecured debentures on interest terms more favorable to the Company. The terms of Convertible Debenture (the "Convertible Debenture") are $1,439,917 CDN ($1,077,862 USD), bearing an interest rate of one percent (1%) per month, calculated daily, and maturing on July 15, 2016. At any time prior...
2016-03-15 7:00 PM EDT
Micromem: Annual Filings
Ontario and New York, New York--(Newsfile Corp. - March 3, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") announces it has filed its audited financial statements for the year ended October 31, 2015 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 Micromem...
2016-03-03 4:05 PM EST
Micromem: Interwell Tracer Update
Ontario and New York, New York--(Newsfile Corp. - February 29, 2016) - Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem") ("the Company") through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to provide the following update. Micromem has been advised by the American based oil company, its Interwell Tracer partner, that the project is proceeding. Meeting dates have been set for the week of March 7th, 2016 to review and finalize the...
2016-02-29 11:34 AM EST