Research analysts covering MICROMEM TECHNOLOGIES.
Recent press releases and 8-K filings for MMTIF.
Micromem Closes Private Placement
MMTIF
- Micromem Technologies Inc. closed a non-brokered private placement on October 10, 2025, raising gross proceeds of approximately C$498,652.
- The private placement involved the issuance of 9,066,400 units at a price of C$0.055 per unit, with each unit comprising one common share and one warrant.
- Warrants are exercisable at C$0.06 per share for a period of one year.
- The net proceeds from this placement are intended for working capital.
- All securities issued are subject to a four-month hold period, and no insiders participated.
Oct 10, 2025, 8:33 PM
Micromem Technologies Inc. Reports Q3 2025 Financials, Advances Sensor Technology, and Continues Strategic Engagements
MMTIF
New Projects/Investments
Debt Issuance
Legal Proceedings
- Micromem Technologies Inc. reported a shareholders' deficiency of $(6,239,142) and a working capital deficiency of $6,214,473 as of July 31, 2025, with negative cash flow from operations of $(829,494) for the nine months ended July 31, 2025.
- The company is developing cutting-edge biochemical sensors through a collaboration with the University of Toronto, DRDC, and NSERC, securing exclusive worldwide license to the intellectual property. This new technology is replacing the previously pursued ARTRA technology.
- Micromem is engaged in ongoing discussions with Chevron and pursuing business opportunities with Romgaz and other energy companies in Romania.
- During Q3 2025, the company secured $389,937 from private placements and $40,000 from convertible debenture issuances. It also continues to receive monthly payments from a lawsuit settlement through September 2027.
Sep 29, 2025, 6:21 PM
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