-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ggbdh0kEZ2kKA7fGr+MqlBXNvZ5+6MgxI25g07Xy6c2S+JvSaCVqhkasOc/ha7M1 Fjsg5SQE1E1V9myTrAZqCA== 0001279569-10-001028.txt : 20100901 0001279569-10-001028.hdr.sgml : 20100901 20100901164142 ACCESSION NUMBER: 0001279569-10-001028 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100831 FILED AS OF DATE: 20100901 DATE AS OF CHANGE: 20100901 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: 101052790 BUSINESS ADDRESS: STREET 1: 1910-777 BAY STREET STREET 2: TORONTO, ONTARIO CITY: TORONTO STATE: A6 ZIP: M5G 2C8 BUSINESS PHONE: 416-364-6513 MAIL ADDRESS: STREET 1: 1910-777 BAY STREET STREET 2: TORONTO, ONTARIO CITY: TORONTO STATE: A6 ZIP: M5G 2C8 6-K 1 micromem6k.htm FORM 6-K micromem6k.htm

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
 
August, 2010
 
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 o
 
 
[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 o 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shall be deemed a part of such registration statement from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished by Micromem Technologies Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934.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.  
       
Date:August 31, 2010
By:
/s/ Joseph Fuda  
    Name: Joseph Fuda  
    Title: Chief Executive Officer  
       
 
 
 
 
EXHIBIT INDEX
 
Exhibit
Number
   Exhibit Description
     
99.1
   News Release dated August 31, 2010 - Micromem Technologies Inc. Completes Financing
 

 EX-99.1 2 ex991.htm NEWS RELEASE DATED AUGUST 31, 2010 ex991.htm 
Exhibit 99.1

News release via Canada NewsWire, Toronto 416-863-9350

     Attention Business Editors:
     Micromem Technologies Inc. Completes Financing

     TORONTO and NEW YORK, Aug. 31 /CNW/ - Micromem Technologies Inc.
("Micromem", the "Company") (OTC BB: MMTIF, CNSX: MRM) announces that it has
secured arms length financing in the form of a 6 month bridge loan for CAN
$200,000.
     The terms of the bridge loan include a monthly interest rate of 2% for
the term of the loan, the issuance of 7,500 share purchase Warrants
("Warrant") exercisable at US $0.40 for a period of 12 months and a conversion
privilege, at the holder's option, of up to the entire amount, inclusive of
interest, at a rate of US $0.40 per Common Share ("Common Share").
     In addition the Company announces the completion of a non-brokered, arm's
length private placement of 200,000 Units at a subscription price of CAN $0.25
per Unit for the gross proceeds of CAN $50,000. Each Unit is comprised of one
Common Share and one common share purchase Warrant. Each Warrant may be
exercised for one Common Share at an exercise price of CAN $0.30 for a period
of one year.
     The proceeds of these transactions will be used for general working
capital purposes and all share issuances will be subject to applicable trade
restrictions.

     <<
     About Micromem Technologies Inc. and MASTInc:
     ---------------------------------------------
     >>

     MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies
Inc., a publicly traded (OTC: MMTIF CNSX:MRM) fabless semiconductor company
with headquarters in Toronto, Canada and an office in New York City. Micromem
holds and continues to develop a broad-based patent portfolio of
Magnetoresistive Random Access Memory (MRAM) and magnetic sensor technologies.
Micromem's MRAM patents create a solution for performance driven, radiation
hard, non-volatile memory applications. MASTInc is focused on business
development efforts and is working on the launch of sensory products for use
in both defense and consumer applications. Its first product, GC-0301, is far
superior to the competition with over 200 V/T, making it one of the most
sensitive hall sensors on the market without the need for external
amplification. MASTInc is working with companies that have large-scale
capabilities and expects to sign contracts in the coming quarters.

     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, 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: 93,294,204
     SEC File No: 0-26005
     >>

     %SEDAR: 00004447E %CIK: 0001085921

     /For further information: Jason Baun, Chief Information Officer,
416-364-2023/
     (MRM. MMTIF)

CO:  Micromem Technologies Inc.

CNW 16:44e 31-AUG-10
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