| TORONTO AND NEW YORK, Feb. 6, 2012 /CNW/ - Micromem Technologies Inc. [the "Company"] [OTC BB: MMTIF, CNSX: MRM] announces the completion of a Convertible Debenture ("Debenture"). The terms of the Debenture are CDN $20,000 and will bear an interest rate of 2% per month for six months. The Debenture carries a conversion privilege, at the option of the lender, into Units (Units) of the Company. Each Unit consists of one Common Share (Common Share) and one Common Share Purchase Warrant (Warrant). If ele...continued MMTIF MRM:CNX Conglomerates stocks mram |
Monday, February 6, 2012
Micromem Completes Convertible Debenture
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