Micromem Technologies (TSE:MRM) has released an update.
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Micromem Technologies Inc. has released its unaudited condensed interim consolidated financial statements for the periods ending July 31, 2024, and 2023, presented in US dollars. The company’s financial performance reflects a continued deficit, with the latest reporting showing an accumulated deficit of over $123 million. Notably, these financial statements have not undergone a review by an independent auditor as per the standards established by the Chartered Professional Accountants of Canada.
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