Micromem closes C$148,840 private placement at C$0.025 per unit

• Micromem Technologies closed a non-brokered private placement, raising gross proceeds of about C$ 148,840.
• Deal issued 5,953,600 units at C$ 0.025 per unit, each with one common share.
• Units also included one warrant exercisable at C$ 0.05 for three years from issuance.
• Net proceeds earmarked for working capital.

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