Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – March 17, 2017) – 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 and received US $50,000 on contract progress and sales made to one of Micromem’s oil company partners. In addition, further invoices are being submitted to the same partner for work that is now complete.

The Company intends to raise up to $200,000 ...

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Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – March 3, 2017) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) closed the financing previously announced January 23, 2017. The Company raised $748,000 CDN at a price of $0.31 in the form of convertible debentures with a 1 year term and 1% interest. $2,800 in commission was paid by the Company on this financing. In addition, $155,018 CDN was raised by way of Private Placements at $0.25 CDN/$0.24 ...

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Patent Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – March 3, 2017) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces it has received the 5th of 6 patents filed for the oil pan plug. Receipt of the 6th patent is expected by mid-June. This will complete the patents filed and give the Company control of the intellectual property it required for this product.

In addition, Micromem ...

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Annual Filings

Toronto, Ontario and New York, New York–(Newsfile Corp. – March 2, 2017) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) announces it has filed its audited financial statements for the year ended October 31, 2016 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 Technologies Inc., a ...

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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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