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Micromem Technologies Announces Private Placement Plans
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Micromem Technologies Announces Private Placement Plans

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Micromem Technologies (TSE:MRM) has released an update.

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Micromem Technologies Inc. plans a non-brokered private placement to raise up to CAD $250,000, with a potential increase of 50%, by issuing common share units at CAD $0.05 each. The funds are intended for working capital needs, with issued securities subject to a four-month hold period, pending regulatory approvals.

For further insights into TSE:MRM stock, check out TipRanks’ Stock Analysis page.

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