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
October, 2012
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shall be deemed a part of such registration statement from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished by Micromem Technologies Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934.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.
October 31, 2012 | By | /s/ Joseph Fuda |
Name: Joseph Fuda | ||
Title: Chief Executive Officer |
Exhibit Index
Exhibit Number | Exhibit Description |
99.1 | Press Release: Micromem Technologies Inc. Completes Private Placements |
FOR IMMEDIATE RELEASE | October 30, 2012 |
Micromem Technologies Inc. Completes Private Placements
Toronto, New York, October 30, 2012: Micromem Technologies Inc. (the Company) (CNSX: MRM, OTCBB: MMTIF) announces the completion of arms length private placements totalling 724,380 Units (Unit) at a subscription price of CDN$0.15 per Unit for the gross proceeds of CDN $108,657. Each Unit is comprised of one Common Share (Common Share) and one Common Share Purchase Warrant (Warrant). Each Warrant may be exercised for one Common Share at an exercise price of CDN $0.18 for a period of one year. The proceeds from the offering will be used for general working capital purposes and the shares will be subject to resale restrictions.
The Company also issued of 5,355,000 Common Shares through warrant exercise for total proceeds of CDN $195,000 and USD $410,300. These Warrants were originally issued in connection with financings completed in 2011. The proceeds will be used for general working capital purposes
About Micromem and MASTInc
MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies Inc., a publicly traded (OTC BB: MMTIF, CNSX: MRM) company. MASTInc responsibly 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 CNSX 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.
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Listing: NASD OTC-Bulletin Board - Symbol:
MMTIF
CNSX
- Symbol: MRM
Shares issued: 136,430,555
SEC File No: 0-26005
Investor Contact: info@micromeminc.com; Tel. 416-364-2023
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www.micromeminc.com