Micromem Technologies Inc announced a non-brokered private placement to issue 1,316,007 common shares at CAD 0.065 per share pursuant to a price protection received on February 26, 2024, for a gross proceeds of CAD 85,540.455 on March 8, 2024. All securities to be issued pursuant to the Private Placement will be subject to a four-month holding period. The transaction remains subject to final regulatory approvals.
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- Micromem Technologies Inc. announced that it expects to receive CAD 0.08554 million in funding