Carbon Friendly (CFQSF) 0.1388 $CFQSF
MicroCoal® enters into Joint Venture Agreement for China
Filing Services Canada XHTML - Wed Oct 22, 11:30AM CDT
MicroCoal® Technologies to Receive Loan
Filing Services Canada XHTML - Mon Oct 20, 1:52PM CDT
MicroCoal(R) Technologies to Receive Loan
Filing Services Canada - Mon Oct 20, 1:52PM CDT
MicroCoal(R) Technologies to Receive Loan Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CNSX: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced today that its Chairman has agreed to grant a loan (the Loan) to the Company in the principal amount of US$1,000,000. The Loan accrues interest at a rate of 4% per annum, payable quarterly, and has a term of one year. The Company can repay the Loan at any time prior to its maturity for principal plus accrued interest to the day of repayment without prepayment penalty. The Loan is convertible into common shares of the Company at a conversion price of US$0.15 per share at the option of the Chairman. Dr. Jim Young, MicroCoals Chairman, commented: I believe the MicroCoal process can potentially change the fundamentals of the entire coal industry. As Chairman, I am committed to implementing and commercializing the Companys technology. This loan and my prior loans and share purchases indicate my resolve in seeing that MicroCoal succeeds in reaching its full potential. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets ,and the entry into of additional agreements for MicroCoal facilities if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...202014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Receives Loan
Filing Services Canada XHTML - Mon Sep 29, 2:35PM CDT
MicroCoal(R) Technologies Receives Loan
Filing Services Canada - Mon Sep 29, 2:35PM CDT
MicroCoal(R) Technologies Receives Loan Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CNSX: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced today that it has received a loan (the Loan) from its Chairman in the principal amount of US$125,000. The Loan accrues interest at a rate of 4% per annum, payable quarterly, and has a term of one year. The Company can repay the Loan at any time prior to its maturity for principal plus accrued interest to the day of repayment without prepayment penalty. The Loan is convertible into common shares of the Company at a conversion price of US$0.225 per share at the option of the Companys Chairman. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets ,and the entry into of additional agreements for MicroCoal facilities if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...292014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Grants Stock Options
Filing Services Canada XHTML - Fri Aug 29, 4:10PM CDT
MicroCoal(R) Technologies Grants Stock Options
Filing Services Canada - Fri Aug 29, 4:10PM CDT
MicroCoal(R) Technologies Grants Stock Options Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced today that it has granted incentive stock options to purchase an aggregate of 80,000 common shares of the Company (the Options) pursuant to the Companys share option plan. The Options have an exercise price of US$0.20 per common share and are exercisable for a period of two years. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets ,and the entry into of additional agreements for MicroCoal facilities if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...292014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Commences Construction of Plant in Virginia, USA
Filing Services Canada XHTML - Thu Aug 28, 2:44PM CDT
MicroCoal® Technologies Announces Launch of U.S.-Based R&D Facility
Filing Services Canada XHTML - Mon Aug 25, 3:46PM CDT
MicroCoal(R) Technologies Announces Launch of U.S.-Based R&D Facility
Filing Services Canada - Mon Aug 25, 3:46PM CDT
MicroCoal(R) Technologies Announces Launch of U.S.-Based R&D Facility Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced the opening of its new research laboratory, strategically positioned in heart of Metro Washington D.C.s Maryland Technology Corridor, in Gaithersburg, Maryland. The facility is equipped with a microwave test system and analytical equipment and is planned to serve as an interim testing and process optimization center for the next several months. The Company is currently finalizing plans to relocate its research and development headquarters to a permanent location in the Washington, D.C. area in the fourth quarter of this year. The Gaithersburg laboratory will provide onsite Company technicians with an immediate opportunity to optimize MicroCoal(R) operating parameters in order to further develop and refine the MicroCoal(R) Generation 2.0 reactors for planned future commercial deployment. Lawrence Siegel, MicroCoals CEO stated: Work currently scheduled for immediate commencement at the Gaithersburg laboratory will allow studies to potentially expand our intellectual property portfolio and reposition the Company as an R&D driven organization. Management believes that this focus is critical to ensuring long-term viability and competitiveness of the MicroCoal(R) technology. Dr. James F. Young, MicroCoals Chairman of the Board, also commented on the opening of the Gaithersburg facility: This is only the first of several concrete steps that new management plans to take to optimize the technology which we believe can contribute to the long-term success of Microcoals commercial deployment strategy, and speaks to our desire to be a leader in this field. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities the establishment of a permanent U.S. R&D headquarters, and the future development and commercial deployment of MicroCoals technologies. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will finalize relocation plans for a permanent research and development headquarters in the fourth quarter of 2014, that MicroCoal will successfully optimize its technologies in order to successfully commercialize and deploy them as planned. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected, that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal, that MicroCoal may not be able to establish a permanent research and development headquarters on the timeline or in the location expected or at all, and that MicroCoal may not be able to successfully optimize and commercialize its technologies as planned. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...252014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Reorganization of Subsidiary
Filing Services Canada XHTML - Mon Aug 18, 3:18PM CDT
MicroCoal® Technologies Announces Settlement with Orica
Filing Services Canada XHTML - Thu Aug 14, 1:26PM CDT
MicroCoal(R) Technologies Announces Settlement with Orica
Filing Services Canada - Thu Aug 14, 1:26PM CDT
MicroCoal(R) Technologies Announces Settlement with Orica Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced that it has entered into a full and final settlement and release with Orica U.S. Services Inc. (Orica) in respect of all claims between the Company and Orica relating to the acquisition by the Company of MicroCoal Inc. between 2011 and 2013. As part of the settlement, the Company has agreed to pay US$150,000 to Orica in satisfaction of all amounts owing from the Company to Orica. Lawrence Siegel, MicroCoals CEO stated, We are pleased to have this matter behind us, so that management can focus on executing on our strategy and advancing MicroCoals clean-coal upgrading technology. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, and the entry into of additional agreements for MicroCoal facilities. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...142014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Closing of Sixth Tranche of Previously Announced Private Placement; To Repay Loan
Filing Services Canada XHTML - Thu Aug 14, 1:26PM CDT
MicroCoal® Technologies Announces Additional Exercise of Options
Filing Services Canada XHTML - Wed Aug 06, 11:34AM CDT
MicroCoal® Technologies Announces Closing of Fifth Tranche of Previously Announced Private Placement
Filing Services Canada - Mon Jul 14, 4:32PM CDT
MicroCoal(R) Technologies Announces Closing of Fifth Tranche of Previously Announced Private Placement This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) is pleased to announce that it has closed the fifth tranche of its previously announced non-brokered private placement (the Private Placement) in the amount of US$335,000. In conjunction with the closing of the fifth tranche, the Company will issue an aggregate of 1,675,000 units (each, a Unit) of the Company at a subscription price of US$0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (the Warrants). Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of US$0.30 for up to 12 months following the date of issuance, subject to the terms thereof. In connection with the fifth tranche, the Company paid a cash commission equal to 10% on a portion of the gross proceeds raised from the sale of the Units to an arm's length party in the aggregate amount of approximately US$3,500 and granted 17,500 finders warrants to purchase Units. The Company intends to use the net proceeds from the Private Placement to advance construction on the Company's first commercial facility in Indonesia for upgrading low rank coals and for general corporate purposes and working capital. All Units, common shares and Warrants issued under the Private Placement will be subject to a four-month hold period from the closing date, in accordance with the rules and policies of the CSE and applicable Canadian securities laws and such other restrictions as may apply under foreign securities laws. The Company will be continuing with the sixth tranche of the Private Placement on the same terms and conditions announced in its March 3, 2014 news release, subject to regulatory approval and the policies of the CSE. The Units, common shares and Warrants have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Units, common shares or Warrants, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities, and the approval and closing of the Private Placement, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will receive all necessary approvals for the Private Placement and that it will be able to close the Private Placement. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...142014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Closing of Fourth Tranche of Previously Announced Private Placement
Filing Services Canada - Fri Jul 04, 2:04PM CDT
MicroCoal(R) Technologies Announces Closing of Fourth Tranche of Previously Announced Private Placement This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) is pleased to announce that it has closed the fourth tranche of its previously announced non-brokered private placement (the Private Placement) in the amount of US$167,000. In conjunction with the closing of the fourth tranche, the Company will issue an aggregate of 835,000 units (each, a Unit) of the Company at a subscription price of US$0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (the Warrants). Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of US$0.30 for up to 12 months following the date of issuance, subject to the terms thereof. In connection with the fourth tranche, the Company paid a cash commission equal to 10% of the gross proceeds raised from the sale of the Units to an arm's length party in the aggregate amount of approximately US$16,700 and granted finders warrants to purchase Units equal to 10% of the Units placed. The Company intends to use the net proceeds from the Private Placement to advance construction on the Company's first commercial facility in Indonesia for upgrading low rank coals and for general corporate purposes and working capital. All Units, common shares and Warrants issued under the Private Placement will be subject to a four-month hold period from the closing date, in accordance with the rules and policies of the CSE and applicable Canadian securities laws and such other restrictions as may apply under foreign securities laws. The Company will be continuing with the fifth tranche of the Private Placement on the same terms and conditions announced in its March 3, 2014 news release, subject to regulatory approval and the policies of the CSE. The Units, common shares and Warrants have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Units, common shares or Warrants, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities, and the approval and closing of the Private Placement, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will receive all necessary approvals for the Private Placement and that it will be able to close the Private Placement. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...042014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright - (C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Exercise of Options
Filing Services Canada - Mon Jun 30, 4:54PM CDT
MicroCoal(r) Technologies to Raise up to US$10 Million by way of a Non-Brokered Private Placement
Filing Services Canada - Mon Mar 03, 8:00AM CST
MicroCoal Technologies Inc. (MTI - CSE, CFQSF - OTC Pink, OFS.F - Frankfurt),("MicroCoal" or the "Company"
today announced that it intends to carry out a non-brokered private placement (the "Private Placement" of up to 50,000,000 units of the Company (each, a "Unit" at US$0.20 per Unit for aggregate gross proceeds of up to US$10,000,000.
MicroCoal® enters into Joint Venture Agreement for China
Filing Services Canada XHTML - Wed Oct 22, 11:30AM CDT
MicroCoal® Technologies to Receive Loan
Filing Services Canada XHTML - Mon Oct 20, 1:52PM CDT
MicroCoal(R) Technologies to Receive Loan
Filing Services Canada - Mon Oct 20, 1:52PM CDT
MicroCoal(R) Technologies to Receive Loan Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CNSX: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced today that its Chairman has agreed to grant a loan (the Loan) to the Company in the principal amount of US$1,000,000. The Loan accrues interest at a rate of 4% per annum, payable quarterly, and has a term of one year. The Company can repay the Loan at any time prior to its maturity for principal plus accrued interest to the day of repayment without prepayment penalty. The Loan is convertible into common shares of the Company at a conversion price of US$0.15 per share at the option of the Chairman. Dr. Jim Young, MicroCoals Chairman, commented: I believe the MicroCoal process can potentially change the fundamentals of the entire coal industry. As Chairman, I am committed to implementing and commercializing the Companys technology. This loan and my prior loans and share purchases indicate my resolve in seeing that MicroCoal succeeds in reaching its full potential. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets ,and the entry into of additional agreements for MicroCoal facilities if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...202014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Receives Loan
Filing Services Canada XHTML - Mon Sep 29, 2:35PM CDT
MicroCoal(R) Technologies Receives Loan
Filing Services Canada - Mon Sep 29, 2:35PM CDT
MicroCoal(R) Technologies Receives Loan Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CNSX: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced today that it has received a loan (the Loan) from its Chairman in the principal amount of US$125,000. The Loan accrues interest at a rate of 4% per annum, payable quarterly, and has a term of one year. The Company can repay the Loan at any time prior to its maturity for principal plus accrued interest to the day of repayment without prepayment penalty. The Loan is convertible into common shares of the Company at a conversion price of US$0.225 per share at the option of the Companys Chairman. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets ,and the entry into of additional agreements for MicroCoal facilities if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...292014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Grants Stock Options
Filing Services Canada XHTML - Fri Aug 29, 4:10PM CDT
MicroCoal(R) Technologies Grants Stock Options
Filing Services Canada - Fri Aug 29, 4:10PM CDT
MicroCoal(R) Technologies Grants Stock Options Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced today that it has granted incentive stock options to purchase an aggregate of 80,000 common shares of the Company (the Options) pursuant to the Companys share option plan. The Options have an exercise price of US$0.20 per common share and are exercisable for a period of two years. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets ,and the entry into of additional agreements for MicroCoal facilities if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...292014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Commences Construction of Plant in Virginia, USA
Filing Services Canada XHTML - Thu Aug 28, 2:44PM CDT
MicroCoal® Technologies Announces Launch of U.S.-Based R&D Facility
Filing Services Canada XHTML - Mon Aug 25, 3:46PM CDT
MicroCoal(R) Technologies Announces Launch of U.S.-Based R&D Facility
Filing Services Canada - Mon Aug 25, 3:46PM CDT
MicroCoal(R) Technologies Announces Launch of U.S.-Based R&D Facility Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced the opening of its new research laboratory, strategically positioned in heart of Metro Washington D.C.s Maryland Technology Corridor, in Gaithersburg, Maryland. The facility is equipped with a microwave test system and analytical equipment and is planned to serve as an interim testing and process optimization center for the next several months. The Company is currently finalizing plans to relocate its research and development headquarters to a permanent location in the Washington, D.C. area in the fourth quarter of this year. The Gaithersburg laboratory will provide onsite Company technicians with an immediate opportunity to optimize MicroCoal(R) operating parameters in order to further develop and refine the MicroCoal(R) Generation 2.0 reactors for planned future commercial deployment. Lawrence Siegel, MicroCoals CEO stated: Work currently scheduled for immediate commencement at the Gaithersburg laboratory will allow studies to potentially expand our intellectual property portfolio and reposition the Company as an R&D driven organization. Management believes that this focus is critical to ensuring long-term viability and competitiveness of the MicroCoal(R) technology. Dr. James F. Young, MicroCoals Chairman of the Board, also commented on the opening of the Gaithersburg facility: This is only the first of several concrete steps that new management plans to take to optimize the technology which we believe can contribute to the long-term success of Microcoals commercial deployment strategy, and speaks to our desire to be a leader in this field. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities the establishment of a permanent U.S. R&D headquarters, and the future development and commercial deployment of MicroCoals technologies. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will finalize relocation plans for a permanent research and development headquarters in the fourth quarter of 2014, that MicroCoal will successfully optimize its technologies in order to successfully commercialize and deploy them as planned. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected, that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal, that MicroCoal may not be able to establish a permanent research and development headquarters on the timeline or in the location expected or at all, and that MicroCoal may not be able to successfully optimize and commercialize its technologies as planned. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...252014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Reorganization of Subsidiary
Filing Services Canada XHTML - Mon Aug 18, 3:18PM CDT
MicroCoal® Technologies Announces Settlement with Orica
Filing Services Canada XHTML - Thu Aug 14, 1:26PM CDT
MicroCoal(R) Technologies Announces Settlement with Orica
Filing Services Canada - Thu Aug 14, 1:26PM CDT
MicroCoal(R) Technologies Announces Settlement with Orica Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) announced that it has entered into a full and final settlement and release with Orica U.S. Services Inc. (Orica) in respect of all claims between the Company and Orica relating to the acquisition by the Company of MicroCoal Inc. between 2011 and 2013. As part of the settlement, the Company has agreed to pay US$150,000 to Orica in satisfaction of all amounts owing from the Company to Orica. Lawrence Siegel, MicroCoals CEO stated, We are pleased to have this matter behind us, so that management can focus on executing on our strategy and advancing MicroCoals clean-coal upgrading technology. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, and the entry into of additional agreements for MicroCoal facilities. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...142014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Closing of Sixth Tranche of Previously Announced Private Placement; To Repay Loan
Filing Services Canada XHTML - Thu Aug 14, 1:26PM CDT
MicroCoal® Technologies Announces Additional Exercise of Options
Filing Services Canada XHTML - Wed Aug 06, 11:34AM CDT
MicroCoal® Technologies Announces Closing of Fifth Tranche of Previously Announced Private Placement
Filing Services Canada - Mon Jul 14, 4:32PM CDT
MicroCoal(R) Technologies Announces Closing of Fifth Tranche of Previously Announced Private Placement This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) is pleased to announce that it has closed the fifth tranche of its previously announced non-brokered private placement (the Private Placement) in the amount of US$335,000. In conjunction with the closing of the fifth tranche, the Company will issue an aggregate of 1,675,000 units (each, a Unit) of the Company at a subscription price of US$0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (the Warrants). Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of US$0.30 for up to 12 months following the date of issuance, subject to the terms thereof. In connection with the fifth tranche, the Company paid a cash commission equal to 10% on a portion of the gross proceeds raised from the sale of the Units to an arm's length party in the aggregate amount of approximately US$3,500 and granted 17,500 finders warrants to purchase Units. The Company intends to use the net proceeds from the Private Placement to advance construction on the Company's first commercial facility in Indonesia for upgrading low rank coals and for general corporate purposes and working capital. All Units, common shares and Warrants issued under the Private Placement will be subject to a four-month hold period from the closing date, in accordance with the rules and policies of the CSE and applicable Canadian securities laws and such other restrictions as may apply under foreign securities laws. The Company will be continuing with the sixth tranche of the Private Placement on the same terms and conditions announced in its March 3, 2014 news release, subject to regulatory approval and the policies of the CSE. The Units, common shares and Warrants have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Units, common shares or Warrants, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities, and the approval and closing of the Private Placement, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will receive all necessary approvals for the Private Placement and that it will be able to close the Private Placement. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...142014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Closing of Fourth Tranche of Previously Announced Private Placement
Filing Services Canada - Fri Jul 04, 2:04PM CDT
MicroCoal(R) Technologies Announces Closing of Fourth Tranche of Previously Announced Private Placement This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) is pleased to announce that it has closed the fourth tranche of its previously announced non-brokered private placement (the Private Placement) in the amount of US$167,000. In conjunction with the closing of the fourth tranche, the Company will issue an aggregate of 835,000 units (each, a Unit) of the Company at a subscription price of US$0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (the Warrants). Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of US$0.30 for up to 12 months following the date of issuance, subject to the terms thereof. In connection with the fourth tranche, the Company paid a cash commission equal to 10% of the gross proceeds raised from the sale of the Units to an arm's length party in the aggregate amount of approximately US$16,700 and granted finders warrants to purchase Units equal to 10% of the Units placed. The Company intends to use the net proceeds from the Private Placement to advance construction on the Company's first commercial facility in Indonesia for upgrading low rank coals and for general corporate purposes and working capital. All Units, common shares and Warrants issued under the Private Placement will be subject to a four-month hold period from the closing date, in accordance with the rules and policies of the CSE and applicable Canadian securities laws and such other restrictions as may apply under foreign securities laws. The Company will be continuing with the fifth tranche of the Private Placement on the same terms and conditions announced in its March 3, 2014 news release, subject to regulatory approval and the policies of the CSE. The Units, common shares and Warrants have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Units, common shares or Warrants, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities, and the approval and closing of the Private Placement, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will receive all necessary approvals for the Private Placement and that it will be able to close the Private Placement. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...042014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright - (C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Exercise of Options
Filing Services Canada - Mon Jun 30, 4:54PM CDT
MicroCoal(r) Technologies to Raise up to US$10 Million by way of a Non-Brokered Private Placement
Filing Services Canada - Mon Mar 03, 8:00AM CST
MicroCoal Technologies Inc. (MTI - CSE, CFQSF - OTC Pink, OFS.F - Frankfurt),("MicroCoal" or the "Company"
today announced that it intends to carry out a non-brokered private placement (the "Private Placement" of up to 50,000,000 units of the Company (each, a "Unit" at US$0.20 per Unit for aggregate gross proceeds of up to US$10,000,000. 
