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Micromem launches private placement to raise up to CAD 160K for working capital and debt.

Company Fundamentals
04 Sep 2026
Newsfile Corp
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Neutral
Micromem launches private placement to raise up to CAD 160K for working capital and debt.

Micromem Technologies Inc. announced a non-brokered private placement offering common share units at CAD 0.025 each, aiming to raise up to CAD 160,000, with a possible 50% increase. Each unit includes one common share and a warrant exercisable at CAD 0.05 for three years. The funds will be used for working capital and debt settlement. The offering is subject to regulatory approval and a four-month hold period on securities issued.

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