MICROMEM TECHNOLOGIES INC Aktie

Micromem announces an unguided private placement to raise up to C$160,000. It plans to issue units at C$0.025 each, each consisting of one common share and one warrant with an exercise price of C$0.05 exercisable within three years; the offering can be increased by 50%. Proceeds are intended for working capital and debt repayment; issued securities will be subject to a four-month hold period and the transaction requires regulatory approval. » More on de.investing.com

Micromem Technologies placed 9,400,000 units at C$0.025 per unit, raising approximately C$235,000. Each unit consists of one common share and one warrant exercisable at C$0.05 within two years; all securities are subject to a four‑month hold period. No insiders participated, net proceeds are to be used for working capital, and the closing remains subject to certain Canadian Securities Exchange requirements. Data show the company’s financial position burdens the balance sheet (current ratio 0.24) and the stock has fallen significantly year‑to‑date; outstanding shares total 649,099,645. » More on de.investing.com

Micromem intends to offer an unbrokered private placement of up to C$250,000; units will be issued at C$0.025 per unit with a possible discretionary increase of 50%. Each unit consists of one common share and one warrant exercisable within two years at C$0.05; issued securities are subject to a four-month hold period and customary regulatory approvals. Proceeds will be used for working capital and to repay debt — the company has a weak balance sheet (current ratio 0.24) and the stock has lost 48% in six months. » More on de.investing.com