0001062993-13-006270.txt : 20131211 0001062993-13-006270.hdr.sgml : 20131211 20131211105856 ACCESSION NUMBER: 0001062993-13-006270 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20131211 FILED AS OF DATE: 20131211 DATE AS OF CHANGE: 20131211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICROMEM TECHNOLOGIES INC CENTRAL INDEX KEY: 0001085921 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26005 FILM NUMBER: 131270031 BUSINESS ADDRESS: STREET 1: 121 RICHMOND ST W STREET 2: SUITE 304 CITY: TORONTO STATE: A6 ZIP: M5H 2K1 BUSINESS PHONE: 416-364-6513 MAIL ADDRESS: STREET 1: 121 RICHMOND ST W STREET 2: SUITE 304 CITY: TORONTO STATE: A6 ZIP: M5H 2K1 6-K 1 form6k.htm FORM 6-K Micromem Technologies Inc.: Form 6-K - Filed by newsfilecorp.com

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

December, 2013

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shall be deemed a part of such registration statement from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished by Micromem Technologies Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934.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.

December 11, 2013 By /s/ Joseph Fuda                                  
    Name: Joseph Fuda
    Title: Chief Executive Officer



Exhibit Index
   
Exhibit Number     Exhibit Description
   
99.1 Press Release dated December 11, 2013


EX-99.1 2 exhibit99-1.htm EXHIBIT 99.1 Micromem Technologies Inc.: Exhibit 99.1 - Filed by newsfilecorp.com


FOR IMMEDIATE RELEASE December 11, 2013

Micromem Technologies Inc.:
Micromem and Northeast Utilities Sign US$5,400,000 Joint Development Agreement

Toronto, New York, December 11, 2013: Micromem Technologies Inc. (the “Company”) (CNSX: MRM, OTCBB: MMTIF) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that it has executed a joint development agreement with Northeast Utilities (“Northeast”) (NYSE: NU) for US$5,400,000.

The principal objective outlined in the agreement would have the Company provide Northeast with Micromem’s MEMS-based sensor solution to detect transformer partial discharges. Transformer outages have considerable economic impact on the operation of an electrical network. Transformers are subject to electric discharges, caused by electrical disturbances, deterioration of insulation, inadequate maintenance, moisture and overloading. The probability of these electric discharges increases as the transformers age. This can lead to catastrophic system failures and damage to utility assets.

Steven Van Fleet, President of MAST stated “We are very pleased to partner with Northeast Utilities. They have a competent project team and a strong desire to be the leader in solving this difficult industry problem. We are planning to introduce to this industry a new generation of sensors that will characterize the magnitude, the shape, and the location of root cause of partial discharges. Our deliverables include MEMs sensors deployed throughout the transformer, wireless communication, scavenged sensor power and an efficient communication system. This will provide previously unavailable data and notice to their Operation team, in a timely manner to allow actionable decision. This will significantly improve the risk profile for utility companies.”

Joseph Fuda, President of Micromem Technologies stated “Continuing our practice of contracting with industry leaders has provided Micromem opportunities for distribution of our patented technology that would otherwise take years to develop.”

Ken Bowes, VP of Northeast Utilities and the lead executive assigned to this collaborative effort stated “This breakthrough sensor technology will change the way Northeast Utilities predicts electrical faults in transformers and power cables improving the service reliability for our customers."

“Northeast Utilities (NYSE: NU), a Fortune 500 and Standard & Poor’s 500 energy company based in Connecticut and Massachusetts operates New England’s largest energy delivery system. NU is committed to safety, reliability, environmental leadership and stewardship, and expanding energy options for its more than 3.6 million electricity and natural gas customers.” http://www.nu.com/

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 Company’s 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.

Listing:     NASD OTC-Bulletin Board - Symbol: MMTIF
                   CNSX - Symbol: MRM
Shares issued: 158,891,425
SEC File No: 0-26005
Investor Contact: info@micromeminc.com; Tel. 416-364-2023
Subscribe to receive News Releases by Email on our website’s home page. www.micromeminc.com


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