| TORONTO, Oct. 21, 2011 /CNW/ - Micromem Technologies Inc. (the "Company") (CNSX: MRM, OTCBB: MMTIF) announces the completion of a brokered, arm's length private placement of 5,118,890 Units at a subscription price of US $0.09 per Unit for the gross proceeds of US $460,700. Each Unit is comprised of one common share ("Common Share") and one common share purchase warrant ("Warrant"). Each Warrant may be exercised for one Common Share at an exercise price of US $0.11 for a period of one year. A fee of 7% ...continued MMTIF sensors mmtif stocks |
Friday, October 21, 2011
Micromem Technologies Inc. Completes Private Placement
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