Micromem Tech Inc (MMTIF) 0.1910 $MMTIF
Micromem Renews and Issues Convertible Debentures
ACCESSWIRE - Fri Sep 02, 5:10PM CDT
TORONTO, ON AND NEW YORK, NY / ACCESSWIRE / September 2, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem"
("the Company" announces unsecured convertible debentures totaling $500,000 USD, as previously announced on June 10, 2016 have been cancelled and reissued, maturing on January 2, 2017. The Company also announces the completion of an unsecured convertible debenture totaling $100,000 CDN, maturing January 2, 2017.
Micromem: Issues Shares
ACCESSWIRE - Fri Aug 26, 5:10PM CDT
TORONTO, ON AND NEW YORK, NY / ACCESSWIRE / August 26, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem" ("the Company" announces the issuance of 67,143 common shares of the Company as payment for legal services rendered, at a price of $0.35 CDN per share. The shares issued are subject to resale restrictions under applicable securities laws.
Micromem: Update on Oil and Gas Client Product Developments
GlobeNewswire - Thu Aug 11, 7:32AM CDT
Micromem Technologies Inc. ("Micromem" ("the Company" (CSE:MRM) (OTCQX:MMTIF) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that, pursuant to our July 13, 2016 press release, the initial invoice has been accepted by the partner. The first payment of US $200,000 for work to be completed by the Company under this agreement will be received on or before September 8, 2016. The funds will be reported as revenue, not as a recovery of deferred development costs. The contract value of this portion of the agreement is approximately US $2 Million.
Micromem: Update
ACCESSWIRE - Tue Aug 02, 5:11PM CDT
TORONTO, ON and NEW YORK, NY / ACCESSWIRE / August 2, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem" ("the Company" announces the Company was successful in resolving the legal claims outstanding with respect to the Defendants, Dreifus Associates Limited, as previously disclosed in the Company's periodic filings. The parties submitted to a mediation process which was recently completed. The Defendants were seeking $275,000 USD of payments (plus interest) for alleged services previously rendered to the Company. The Company disputed the amounts claimed by the Defendants and sought compensation for alleged damages. Additionally, the Company required that the Defendants assign all IP related rights to the Company for all work performed by the Defendants, which was a requirement of the original statement of work which the parties had executed when the work was commissioned between 2009-2012. Through the mediation process, the parties have agreed that the Company would pay $50,000 to the Defendants and would issue 312,500 common shares with 6-12 month restrictions on the resale of these shares. The shares have now been issued and the Company has made its first scheduled payment of $20,000 on July 29th, with three (3) additional payments of $10,000 each over the next 90 days through October 31, 2016. The Company has now received full assignment of the IP rights and entitlements from the Defendants. Full and final mutual releases have been executed and the action will be dismissed once the remaining payments have been made to the Defendants. The settlement is not an admission of any wrong doing. Management believes that the settlement is advantageous to the Company in that the IP related matters have now been resolved in its favor. The consideration provided to the Defendants was significantly less than what the Defendants were seeking and the Company has avoided the substantial costs that would have been associated with a lengthy litigation process.
Micromem Issues Convertible Debentures
ACCESSWIRE - Fri Jun 10, 5:13PM CDT
TORONTO, ON and NEW YORK, NY / ACCESSWIRE / June 10, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem" ("the Company" announces the private placement of convertible, unsecured debentures in a principal amount totaling $500,000 USD (the "Convertible Debentures" . The Convertible Debentures were issued in exchange for the forgiveness of existing debentures, and bear an interest rate of two percent (2%) per month, calculated daily, and maturing on September 2, 2016. At any time prior to repayment, the outstanding principal and interest of each of the Convertible Debentures may be converted, at the option of the lender, into common shares of the Company at a price per common share of $0.33 US.
Micromem Q and A Featured on Stockhouse
GlobeNewswire - Thu Jun 09, 7:35AM CDT
Micromem Technologies Inc. ("the Company" ("Micromem" (CSE:MRM) (OTCQX:MMTIF) is pleased to announce a Q&A on the Company is featured on Stockhouse.com (http://www.stockhouse.com/opinion/interviews/2016/06/08/micromem-c-mrm-ceo-breaks-mould-with-innovative-industrial-iot-strategy), Canada's #1 financial portal and one of North America's largest small cap investor communities. The Q&A will also be available on the Company's website: http://www.micromeminc.com/investor/.
Micromem Update on Oil Condition Sensor Suite
Newsfile Corp - Wed May 18, 10:50AM CDT
Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem" ("the Company" through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces the oil pan plug product development has transitioned from our partner's prototype development facility into their manufacturing facilities. The product development remains ahead of schedule with final product being ready for deployment in 2016.
Micromem Editorial Featured on Stockhouse
GlobeNewswire - Wed Apr 13, 8:02AM CDT
Micromem Technologies Inc. ("the Company" ("Micromem" (CSE:MRM) (OTCQX:MMTIF) is pleased to announce an editorial on the Company is featured on Stockhouse.com, Canada's #1 financial portal and one of North America's largest small cap investor communities, http://www.stockhouse.com/news/newswire/2016/...ot-highway. The editorial will also available on the Company's website: http://www.micromeminc.com/investor/.
Micromem Technologies Inc. Re-engages RB Milestone Group
ACCESSWIRE - Fri Jan 29, 4:06PM CST
TORONTO, ON and NEW YORK, NY / ACCESSWIRE / January 29, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (the "Company" has re-engaged RB Milestone Group LLC ("RB Milestone" to continue their services and update its current institutional research report on the Company. To pay for the services of RB Milestone the Company has completed a private placement totalling 183,334 common shares at a subscription price of US $0.30 (CAD $0.42) per share for gross proceeds of USD $55,000 (CAD $77,402.). The common shares are subject to resale restrictions.
Micromem Renews and Issues Convertible Debentures
ACCESSWIRE - Fri Sep 02, 5:10PM CDT
TORONTO, ON AND NEW YORK, NY / ACCESSWIRE / September 2, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem"
("the Company" announces unsecured convertible debentures totaling $500,000 USD, as previously announced on June 10, 2016 have been cancelled and reissued, maturing on January 2, 2017. The Company also announces the completion of an unsecured convertible debenture totaling $100,000 CDN, maturing January 2, 2017. Micromem: Issues Shares
ACCESSWIRE - Fri Aug 26, 5:10PM CDT
TORONTO, ON AND NEW YORK, NY / ACCESSWIRE / August 26, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem"
("the Company" announces the issuance of 67,143 common shares of the Company as payment for legal services rendered, at a price of $0.35 CDN per share. The shares issued are subject to resale restrictions under applicable securities laws. Micromem: Update on Oil and Gas Client Product Developments
GlobeNewswire - Thu Aug 11, 7:32AM CDT
Micromem Technologies Inc. ("Micromem"
("the Company" (CSE:MRM) (OTCQX:MMTIF) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that, pursuant to our July 13, 2016 press release, the initial invoice has been accepted by the partner. The first payment of US $200,000 for work to be completed by the Company under this agreement will be received on or before September 8, 2016. The funds will be reported as revenue, not as a recovery of deferred development costs. The contract value of this portion of the agreement is approximately US $2 Million. Micromem: Update
ACCESSWIRE - Tue Aug 02, 5:11PM CDT
TORONTO, ON and NEW YORK, NY / ACCESSWIRE / August 2, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem"
("the Company" announces the Company was successful in resolving the legal claims outstanding with respect to the Defendants, Dreifus Associates Limited, as previously disclosed in the Company's periodic filings. The parties submitted to a mediation process which was recently completed. The Defendants were seeking $275,000 USD of payments (plus interest) for alleged services previously rendered to the Company. The Company disputed the amounts claimed by the Defendants and sought compensation for alleged damages. Additionally, the Company required that the Defendants assign all IP related rights to the Company for all work performed by the Defendants, which was a requirement of the original statement of work which the parties had executed when the work was commissioned between 2009-2012. Through the mediation process, the parties have agreed that the Company would pay $50,000 to the Defendants and would issue 312,500 common shares with 6-12 month restrictions on the resale of these shares. The shares have now been issued and the Company has made its first scheduled payment of $20,000 on July 29th, with three (3) additional payments of $10,000 each over the next 90 days through October 31, 2016. The Company has now received full assignment of the IP rights and entitlements from the Defendants. Full and final mutual releases have been executed and the action will be dismissed once the remaining payments have been made to the Defendants. The settlement is not an admission of any wrong doing. Management believes that the settlement is advantageous to the Company in that the IP related matters have now been resolved in its favor. The consideration provided to the Defendants was significantly less than what the Defendants were seeking and the Company has avoided the substantial costs that would have been associated with a lengthy litigation process. Micromem Issues Convertible Debentures
ACCESSWIRE - Fri Jun 10, 5:13PM CDT
TORONTO, ON and NEW YORK, NY / ACCESSWIRE / June 10, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem"
("the Company" announces the private placement of convertible, unsecured debentures in a principal amount totaling $500,000 USD (the "Convertible Debentures" . The Convertible Debentures were issued in exchange for the forgiveness of existing debentures, and bear an interest rate of two percent (2%) per month, calculated daily, and maturing on September 2, 2016. At any time prior to repayment, the outstanding principal and interest of each of the Convertible Debentures may be converted, at the option of the lender, into common shares of the Company at a price per common share of $0.33 US. Micromem Q and A Featured on Stockhouse
GlobeNewswire - Thu Jun 09, 7:35AM CDT
Micromem Technologies Inc. ("the Company"
("Micromem" (CSE:MRM) (OTCQX:MMTIF) is pleased to announce a Q&A on the Company is featured on Stockhouse.com (http://www.stockhouse.com/opinion/interviews/2016/06/08/micromem-c-mrm-ceo-breaks-mould-with-innovative-industrial-iot-strategy), Canada's #1 financial portal and one of North America's largest small cap investor communities. The Q&A will also be available on the Company's website: http://www.micromeminc.com/investor/. Micromem Update on Oil Condition Sensor Suite
Newsfile Corp - Wed May 18, 10:50AM CDT
Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) ("Micromem"
("the Company" through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces the oil pan plug product development has transitioned from our partner's prototype development facility into their manufacturing facilities. The product development remains ahead of schedule with final product being ready for deployment in 2016. Micromem Editorial Featured on Stockhouse
GlobeNewswire - Wed Apr 13, 8:02AM CDT
Micromem Technologies Inc. ("the Company"
("Micromem" (CSE:MRM) (OTCQX:MMTIF) is pleased to announce an editorial on the Company is featured on Stockhouse.com, Canada's #1 financial portal and one of North America's largest small cap investor communities, http://www.stockhouse.com/news/newswire/2016/...ot-highway. The editorial will also available on the Company's website: http://www.micromeminc.com/investor/. Micromem Technologies Inc. Re-engages RB Milestone Group
ACCESSWIRE - Fri Jan 29, 4:06PM CST
TORONTO, ON and NEW YORK, NY / ACCESSWIRE / January 29, 2016 / Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (the "Company"
has re-engaged RB Milestone Group LLC ("RB Milestone" to continue their services and update its current institutional research report on the Company. To pay for the services of RB Milestone the Company has completed a private placement totalling 183,334 common shares at a subscription price of US $0.30 (CAD $0.42) per share for gross proceeds of USD $55,000 (CAD $77,402.). The common shares are subject to resale restrictions. 
