Welcome to our dedicated page for Micromen Tech news (Ticker: MMTIF), a resource for investors and traders seeking the latest updates and insights on Micromen Tech stock.
Micromem Technologies Inc. (MMTIF) delivers cutting-edge sensor systems and automated sampling solutions for critical sectors including oil & gas, utilities, and industrial manufacturing. This news hub provides investors and industry professionals with essential updates on the company’s strategic developments, financial milestones, and technological advancements.
Discover official press releases covering new product launches, research collaborations with institutions like the University of Toronto, and strategic partnerships with industry leaders. Our curated collection includes updates on sensor innovations like the ARTRA unit, earnings reports, and operational expansions across key markets.
Bookmark this page for direct access to Micromem Tech’s verified announcements, ensuring you stay informed about developments impacting sensor technology applications in environmental monitoring, defense systems, and industrial diagnostics. Regular updates provide insights into how the company’s AI-integrated solutions address complex challenges in fluid analysis and biochemical detection.
Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) has confirmed a meeting with Chevron scheduled for September 25, 2024. The meeting will take place at Chevron's offices in Houston. The primary objective of this meeting is to discuss the current status of their project and develop future strategies. This announcement suggests ongoing collaboration between Micromem and Chevron, potentially indicating progress or developments in their joint venture.
Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) has successfully closed its previously announced non-brokered private placement, raising gross proceeds of approximately C$267,894. The company issued 8,929,800 common shares at C$0.03 per share and an equal number of warrants exercisable at C$0.05 per share for a three-year period. A finder's fee of about $5,520 in cash and 184,000 broker warrants was paid in connection with the placement. The proceeds are intended for working capital purposes. All securities issued are subject to a four-month holding period, and the closing is contingent on certain conditions and regulatory approvals.