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
August, 2011
Commission File Number 0-26005
MICROMEM TECHNOLOGIES INC.
777 Bay Street, Suite 1910, Toronto, ON M5G 2C8
[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shall be deemed a part of such registration statement from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished by Micromem Technologies Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934.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.
MICROMEM TECHNOLOGIES INC. |
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By: /s/ Joseph Fuda |
Date: August 25, 2011 | Name: Joseph Fuda |
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Title: Chief Executive Officer |
Exhibit Index
Exhibit | |
Number | Exhibit Description |
99.1 | Press Release Micromem Signs Strategic Marketing Agreement with TurboBeads LLC |
Exhibit 99.1 | |
FOR IMMEDIATE RELEASE | August 25, 2011 |
Micromem Technologies Inc. Signs Strategic Marketing Agreement with TurboBeads LLC
This will allow penetration into a valuable market segment to solve clients unmet needs
Toronto, New York, August 25, 2011: Micromem Technologies Inc. (the Company) (OTCBB: MMTIF, CNSX: MRM) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc, (MAST) announces today it has signed a strategic marketing agreement with TurboBeads LLC. (www.turbobeads.com). Under the terms of the agreement the two companies will develop and sell to targeted market segments unique nanoparticle/sensor platform solutions that meet clients unmet needs. Markets for the new products include natural resources, biochemical, military, environmental and chemical applications.
TurboBeads LLC. specializes in the production and implementation of highly magnetic nanoparticles. TurboBeads patented technology is highly magnetic nanocarriers with covalent chemical functionalities on the surface. The highly magnetic properties allow a fast and efficient separation from liquid volumes. TurboBeads possesses the know-how and intellectual property in the field of production of functionalized metallic nanomagnets in the sectors of biochemistry, diagnostics, environmental, military, metal extraction and chemistry.
Steven Van Fleet, President of MAST, stated, MAST has an excellent working relationship with TurboBeads and is currently collaborating on a number of client projects and they are proving to be a great partner. It is clear that a close collaboration that leverages the full capability of TurboBeads nanomagnets allows us to use our sensor platform to address difficult sensing problems for clients on the molecular and single nanoparticle level. We anticipate this relationship will open new markets and opportunities for MAST.
Joseph Fuda, CEO of Micromem stated, This agreement with TurboBeads gives Micromem a much larger audience and a wider range of opportunities to use our sensor platform. As Micromems client base continues to grow, flexibility and solution based design for the client becomes all that much more important.
Robert Grass, CEO of TurboBeads stated The close collaboration with MAST allows us to accelerate the widespread use of TurboBeads nanomagnets. Ongoing projects are already showing the benefits of cooperation between bead manufacturing and magnetic analytics. We believe that this cohesion will significantly increase the velocity and depth at which new magnetic technologies can be implemented.
About Micromem, 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.
About TurboBeads
TurboBeads Llc. Is a privately owned Swiss based company. TurboBeads manufactures and globally markets magnetic beads based technologies, which are distinguished by their excellent product control and quality. TurboBeads supports its international customers with tailor-made magnetic bead solutions for a wide range of applications in high-tech markets including medical diagnostics, pharma, biomedical and chemical manufacturing. For more information, visit www.turbobeads.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: 108,989,161
SEC File No:
0-26005
Investor Contact:
Jason Baun, Chief Information Officer,
Tel. 416-364-2023