Report of Foreign Issuer (6-k)
November 12 2014 - 12:48PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
November, 2014
Commission File Number 0-26005
MICROMEM TECHNOLOGIES INC.
121 Richmond Street West, Suite 304, Toronto, ON M5H 2K1
[Indicate by checkmark whether the
registrant files or will file annual reports under cover Form 20-F or Form
40-F.]
Form 20-F [X]
Form 40-F [ ]
[Indicate by check mark whether
the registrant by furnishing the information contained in this Form is also
thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934.]
Yes [ ]
No [X]
[If "Yes"
is marked, indicate below the file number assigned to the registrant in
connection with rule 12g3-2(b): N/A
This report on Form 6-K is hereby incorporated by reference
in the registration statement on Form F-3 (Registration No. 333-134309) of
Micromem Technologies Inc. and in the prospectus contained therein, and this
report on Form 6-K shall be deemed a part of such registration statement from
the date on which this report is filed, to the extent not superseded by
documents or reports subsequently filed or furnished by Micromem Technologies
Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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MICROMEM TECHNOLOGIES INC. |
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By:
/s/ Joseph Fuda |
Date: November 12, 2014 |
Name: Joseph Fuda |
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Title: Chief Executive Officer |
Exhibit Index
FOR IMMEDIATE RELEASE |
November 12, 2014 |
Micromem Technologies Inc.:
Provides Update on
MEMS-based Sensor Solution, Detection of Wear Materials in Oil Lubricants
***
Toronto, New York, November 12, 2014: Micromem
Technologies Inc.s (the Company) (CSE: MRM, OTCQX: MMTIF) wholly owned
subsidiary, Micromem Applied Sensor Technologies Inc. (MAST), announces the
Company has successfully completed the first phase of the project announced on
October 20, 2014 (www.micromeminc.com).
This milestone completion triggered a payment of $250,000 US by
the Client. The Proof of Concept (POC) demonstration scheduled for December,
2014 will demonstrate comparable detector performance to existing bench top
units at 100 times its volume. The POC unit is an evolutionary design ultimately
leading to an environmentally ruggedized integrated product solution with a
final target size of 50 cubic centimeters which is approximately
1/100th the size of current technology.
Both teams have assembled world class people for this product
development. The Company is on track to deliver our desktop POC for end of
December, 2014 which will generate an additional milestone payment. As we
continue to build experience in delivering prototypes to go from POC to
prototype in less than 3 months is in itself an accomplishment.
Visit Micromems website to view a new Presentation (www.micromeminc.com) and MASTs new website that has
been updated to reflect current content (www.mastinc.com).
About Micromem and MASTInc
MASTInc is a wholly owned U.S.-based subsidiary of Micromem
Technologies Inc., a publicly traded (OTCQX: MMTIF, CSE: MRM) company. MASTInc
analyzes the specific industry sectors to create intelligent game-changing
applications that address unmet market needs. By leveraging its expertise and
experience with sophisticated magnetic sensor applications, MASTInc successfully
powers the development and implementation of innovative solutions for
healthcare/biomedical, natural resource exploration, government, information
technology, manufacturing, and other industries. Visit www.micromeminc.com www.mastinc.com.
Safe Harbor Statement
This press release contains forward-looking statements. Such
forward-looking statements are subject to a number of risks, assumptions and
uncertainties that could cause the Companys actual results to differ materially
from those projected in such forward-looking statements. In particular, factors
that could cause actual results to differ materially from those in forward
looking statements include: our inability to obtain additional financing on
acceptable terms; risk that our products and services will not gain widespread
market acceptance; continued consumer adoption of digital technology; inability
to compete with others who provide comparable products; the failure of our
technology; the infringement of our technology with proprietary rights of third
parties; inability to respond to consumer and technological demands; inability
to replace significant customers; seasonal nature of our business; and other
risks detailed in our filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date made and are not guarantees
of future performance. We undertake no obligation to publicly update or revise
any forward-looking statements. When used in this document, the words believe,
expect, anticipate, estimate, project, plan, should, intend,
may, will, would, potential, and similar expressions may be used to
identify forward-looking statements.
The CSE or any other securities regulatory authority has not
reviewed and does not accept responsibility for the adequacy or accuracy of this
press release that has been prepared by management.
Listing: NASD OTCQX-Bulletin Board -Symbol:
MMTIF
CSE
- Symbol: MRM
Shares issued: 188,436,724
SEC File No: 0-26005
Investor Contact: info@micromeminc.com; Tel. 416-364-2023
Subscribe to receive News Releases by Email on our websites home page.
www.micromeminc.com
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