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Share Name | Share Symbol | Market | Type |
---|---|---|---|
CS Diagnostics Corporation (PK) | USOTC:FZRO | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.2709 | 0.2709 | 0.2709 | 0.00 | 01:00:00 |
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shall be deemed a part of such registration statement from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished by Micromem Technologies Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934.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.
MICROMEM TECHNOLOGIES INC. |
|
|
By: /s/ Joseph Fuda |
Date: November 12, 2014 | Name: Joseph Fuda |
|
Title: Chief Executive Officer |
Exhibit Index
Exhibit | |
Number | Exhibit Description |
99.1 | News Release - Micromem Technologies Inc.: Provides Update on MEMS-based Sensor Solution to Detect Transformer Partial Discharge |
Exhibit 99.1
FOR IMMEDIATE RELEASE | November 12, 2014 |
Micromem Technologies Inc.:
Provides Update on MEMS-based Sensor Solution to
Detect Transformer Partial Discharge
***
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 further to the Joint Development Agreement (JDA) announced December 11, 2013 (http://www.micromeminc.com/newsroom) with its American based Utilities Company Client, the Company successfully demonstrated Stage Gate Two of the Transformer Partial Discharge Proof of Concept (POC) and an invoice for $200,000 USD was issued to the Client as an initial payment towards the Contract. On October 30, 2014, a live demonstration of the POC MEMS-based Sensor Solution to detect transformer partial discharge was successfully demonstrated on the Clients targeted transformer following a client approved protocol. The criteria to measure success were as follows:
This is the first technology of its kind that is able to measure the nanosecond partial discharge events with sensors installed in the oil of a transformer. Current competitive technology attempts to detect and localize partial discharges with devices installed on the metal housing of the transformer. Our approach is more effective due to the radical difference in the speed of sound in oil and in steel.
MAST patented sensors are located in the critical areas of a transformer, directly in the oil and are designed to detect the partial discharge event, measure the severity of the partial discharge and locate it accurately so as to inform the user of the root cause of the partial discharge and how to direct their maintenance effort.
Furthermore, the architecture provides commercialization pathways (Stage Gate Three) for integrated transformer health monitoring and monitoring of partial discharges in aging transformers.
Both Micromem and this Client are now working through the logistics of an order for this technology for deployment within their network. Further announcements are expected.
Visit Micromems website to view 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 (OTC QX:
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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