Micromem Technologies Inc. Completes Private Placements

TORONTO AND NEW YORK, Feb. 3, 2012 /CNW/ - Micromem Technologies Inc. (the "Company") (CNSX: MRM, OTCBB: MMTIF) announces the completion of a non-brokered, arm's length and non-arm's length private placement of 76,667 Units ("Unit") at a subscription price of US $0.12 per Unit for the gross proceeds of US $9,200. 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 $...continued MMTIF MRM:CNX  sensors Conglomerates stock

URL: http://www.investorpoint.com/news/OTCBULLB/48096411/