Micromen Tech Stock Price, News & Analysis

Micromem Technologies (OTCQB: MMTIF) closed a non‑brokered private placement on January 27, 2026, raising approximately C$327,778. The company issued 6,555,555 units at C$0.05 per unit, each unit consisting of one common share and one warrant exercisable at C$0.06 for one year.

All 6,555,555 common shares and 6,555,555 warrants were issued and are subject to a four‑month hold period. No insiders participated; subscribers are at arm's length. Micromem intends to use net proceeds for working capital. Closing remains subject to CSE post‑closing compliance. The securities are not registered under the U.S. Securities Act and have resale restrictions in the U.S.

Micromem (OTCQB: MMTIF) closed a tranche of a non-brokered private placement on January 14, 2026, raising gross proceeds of approximately C$327,778. The company issued 6,555,555 units at C$0.05 per unit, each unit comprising one common share and one warrant exercisable at C$0.06 for one year.

All securities are subject to a four-month hold period. No insiders participated and all subscribers were arm's length. The company may, at its discretion, close an additional tranche of up to C$167,000. Net proceeds are intended for working capital, and closing remains subject to customary post-closing CSE requirements.

Micromem Technologies (OTCQB: MMTIF) provided an operational update on October 27, 2025. Micromem met with University of Toronto on October 16, 2025 under the Collaboration Agreement executed February 25, 2025 with the Department of National Defence to advance gas and liquid sensing technologies.

The company reports the project is progressing well and remains on schedule. A follow-up meeting with UofT, NSERC and DRDC is expected before the end of calendar year 2025 to review progress and set the plan for 2026. Micromem also submitted a proposal to NATO DIANA; the 2025 submission was not advanced but Micromem intends to submit a revised proposal in 2026. Separate commercial discussions with Chevron continue. Micromem said it will update shareholders as developments occur.

Micromem (OTCQB: MMTIF) closed a non-brokered private placement on October 10, 2025, raising gross proceeds of C$498,652.

The company issued 9,066,400 units at C$0.055 per unit; each unit includes one common share and one warrant exercisable at C$0.06 per share for one year. All securities are subject to a four-month hold period. No insiders participated and all subscribers are arm's length. Micromem said net proceeds will be used for working capital. Closing remains subject to certain conditions, including post-closing compliance with the Canadian Securities Exchange. Securities were not registered under the U.S. Securities Act and cannot be offered in the U.S. without registration or an exemption.

Micromem Technologies (OTCQB: MMTIF) has unveiled a groundbreaking liquid-phase nanowire bio-chemical sensor designed for ultra-sensitive disease biomarker detection. The sensor achieves 1 picomolar detection limits and 20mV/decade sensitivity, specifically targeting TREM-1, a crucial inflammatory marker.

The platform, developed from work for the Department of National Defence, utilizes standard photolithography for cost-effective manufacturing. Key features include pM-level detection, customizable biomarker targeting, real-time output, and integration capability with point-of-care devices. The technology addresses a projected $100 billion USD biomarker diagnostics market by 2030.

Micromem Technologies (OTCQB: MMTIF) has unveiled an advanced nanowire-based gas sensor platform featuring tunable amplification capabilities. The innovative sensor demonstrates up to 6x amplification and employs a multi-nanowire sensing array for detecting trace-level gas concentrations.

The technology, initially developed under a Department of National Defence initiative, offers high sensitivity, particularly for ethanol vapor detection, and can be adapted for multiple gas types through surface functionalization and bias adjustments. The sensor's fabrication uses standard photolithography processes, making it scalable for industrial applications.

The company is targeting the global gas sensor market, projected to exceed $4.5 billion USD by 2028, and is seeking strategic partners in energy, industrial, and environmental sectors for commercialization.

Micromem Technologies (OTCQB: MMTIF) has announced the filing of its Form 20-F for the fiscal year ended October 31, 2024, on SEDAR+ on May 28, 2025. The report, which includes audited financial statements and related documentation, was initially filed with the SEC on February 28, 2025.

Following a review by the Ontario Securities Commission, the company filed the Form 20-F on SEDAR+ to comply with National Instrument 51-102-Continuous Disclosure Obligations. Management confirms that the Form 20-F contains no material undisclosed information or changes beyond previous SEDAR+ filings.

Micromem Technologies (MMTIF) has successfully closed its previously announced non-brokered private placement, raising C$535,775 through the issuance of 8,929,583 units priced at C$0.06 per unit. Each unit consists of one common share and one warrant, with warrants exercisable at C$0.07 per share for three years after issuance. The securities are subject to a four-month hold period, and no insiders participated in the placement. The company plans to use the net proceeds for working capital purposes. The closing remains subject to certain conditions, including compliance with Canadian Securities Exchange post-closing requirements.

Micromem Technologies (MMTIF) has announced a collaboration with the University of Toronto to advance nanowire sensor technology development. The partnership leverages UofT's extensive research and expertise in nanowire behavior and surface interaction for sensor applications. Led by Dr. Harry Ruda, UofT's team has published groundbreaking research in prestigious journals like Science, Nature, Physical Review, and ACS Nano, demonstrating the potential of one-dimensional nanowire structures in creating highly sensitive sensors. Their publications span from 1999 to 2020, covering various applications including integrated photonics, water quality monitoring, optical devices, memory devices, and quantum information technology. The collaboration aims to commercialize high-performance sensors capable of detecting single molecules.