Report of Foreign Issuer (6-k)
23 Januar 2015 - 4:05PM
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
January, 2015
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the date on which this report is filed, to the extent not superseded by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: January 23, 2015 |
Name: Joseph Fuda |
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Title: Chief Executive Officer |
Exhibit Index
Exhibit 99.1
FOR IMMEDIATE RELEASE |
January 23, 2015
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Micromem Provides Update
Toronto, New York, January 23, 2015: Micromem
Technologies Inc. (Micromem) (the Company) (CSE: MRM, OTCQX: MMTIF) is
pleased to provide the following update.
Micromem has received the first of the six patent filings
relating to the Multi-Modal Fluid Condition Sensor Platform and System
Therefor that the Company previously referred to in its announcement dated
October 17, 2014 regarding the Notice of Allowance provided by the United States
Patent and Trademark Office (USPTO). The award of this patent is a major
milestone as it gives the Company control over an important space in detection
of contaminants, not just in oil, but also in other fluids. The Company is
confident that all the remaining patents in this series will be awarded giving
the Company key intellectual property rights in the growing Internet of
Things. We have licensed the first application for use in the manufacture of
the oil pan plug described on our website and being manufactured and distributed
by Flextronics, per our announcement dated September 10, 2014. This first
product patent describes a multi sensor customized MEM sensor platform, located
inside an oil pan plug of an automobile. The sensor platform is designed to
provide the owner of the vehicle, in real time, various operating conditions of
the vehicle, including oil quality parameters, oil pan level, temperature,
orientation of the vehicle, to name a few.
As of January 23rd, 2015 there are no further
warrants outstanding, all having been either exercised or allowed to expire. The
Company thanks all of the subscribers who have supported Micromem through its
growth over the years and believed in the vision that is Micromem.
The money invested by subscribers allowed Micromem to invest in
and keep control over important, newly developed Intellectual Property (IP).
Micromem has submitted 13 provisional patents, 2 of which have published, with 6
more expected by Q215. The rights that the Company maintains have given Micromem
negotiating capabilities with its partners as a result of this asset base of new
intellectual property. In sharing the development costs with its partners,
Micromem has been able to leverage not only the Companys money but the
financial resources of our partners, the expertise of their engineering teams
and the ability to target relevant unmet needs. The development opportunities
provided to us by these expenditures will give Micromem wide uses and licensing
rights that would have otherwise been unavailable to Micromem strictly as a
service provider. This asset base will improve revenue opportunities by
providing Micromem with a variety of actual products that are meeting the needs
of our clients as opposed to strictly selling sensors. These partnerships and
shared IP have also given Micromem greater operating freedom to expand the
relationships with the clients and create spin off projects. Micromem, by virtue
of the Intellectual Property rights, will sell core technology and collect
revenues either by licensing agreements or partnership contracts with the
worlds largest corporations as partners. This IP gives Micromem a solid
position in the growing Internet of Things spanning automotive, engine
management, oil well and pipeline infrastructure, utility infrastructure and
cement integrity. Independent of these partnerships Micromem has been able to
maintain rights for other fields of use.
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.comwww.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: 191,425,600
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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