Financing

Toronto, Ontario and New York, New York–(Newsfile Corp. – January 23, 2017) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) announces the Company intends to raise $400,000 CDN at a price of $0.31 in the form of convertible debentures with a 1 year term and 1% interest. In addition, there will be approximately $50,000 CDN raised by way of Private Placements at $0.25 CDN. The intended closing date is on or around February 28, 2017. Funds will ...

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Issues Debenture and Completes Private Placement

Toronto, Ontario and New York, New York–(Newsfile Corp. – January 13, 2017) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) announces the completion of an unsecured convertible debenture totaling $60,000 CAD, bearing an interest rate of one percent (1%) per month, calculated daily, maturing in one year. At any time prior to repayment, the outstanding principal and interest of the convertible debentures may be converted, at the option of the lender, into common shares of the Company ...

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Issues Stock Options

Toronto, Ontario and New York, New York–(Newsfile Corp. – December 30, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) announces the issuance of 2,890,000 Options to purchase common shares of the Company (the “Options”), in accordance with the 2007 Micromem Technologies Inc. Stock Option Plan, as amended on one or more occasions. These Options have been issued to Directors, Officers and Employees of the Company at a strike price of $0.34CDN/ $0.25USD.

About Micromem and MASTInc
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Revenue from Joint Development Contract

Toronto, Ontario and New York, New York–(Newsfile Corp. – December 22, 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 it has received $100,000 USD as payment for work successfully completed per our joint product development agreement with our major oil and gas company partner. This phase will be completed in January 2017 upon which the commercialization phase will start. Micromem ...

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Issues Convertible Debenture

Toronto, Ontario and New York, New York–(Newsfile Corp. – December 21, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) announces the completion of an unsecured convertible debentures totaling $160,000 CAD, bearing an interest rate of one percent (1%) per month, calculated daily, maturing in one year. At any time prior to repayment, the outstanding principal and interest of the convertible debentures may be converted, at the option of the lender, into ...

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Micromem: Castrol Innoventures Issues Order for First Round of Manufactured Units

Toronto, Ontario and New York, New York–(Newsfile Corp. – December 8, 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 Castrol Innoventures (“Castrol”) has issued a US $100,000 purchase order for 10 evaluation units. The Company has received payment. This initial commercial order for the evaluation units will be used for field deployment, additional orders to follow.

Our partnership with Castrol began ...

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Micromem Issues Convertible Debenture

Micromem Issues Convertible Debenture

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Micromem: Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – November 21, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces that it has invoiced this month US $200,000 on contract progress and sales made to Micromem’s oil company partners. This is booked as revenue from product sales and services provided.

Micromem’s oil company projects continue to meet their milestones. In addition, new potential customers are now ...

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Contractor Completes Private Placement

 

 

Toronto, New York, November 8, 2016: Micromem Technologies Inc. (“Micromem”) (“the Company”) (CSE: MRM, OTCQX: MMTIF) announces that in exchange for services rendered a contractor has completed a private placement totaling 200,000 common shares at a subscription price of $0.25 USD per share for gross proceeds of $50,000 USD.  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 traded (OTC QX: MMTIF, CSE: MRM) company. MASTInc ...

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Micromem Announces Formal Publishing of Cement Integrity Sensor Patent

Toronto, Ontario and New York, New York–(Newsfile Corp. – November 8, 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 United States Patent & Trademark Office (“USPTO”) has formally advised Micromem that they are publishing our patent application US2016/0266086 A1 on 9/15/16 for the Cement Integrity Sensor (the “patented technology”). This is a foundational patent for technology that will significantly change ...

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