Update Micromem Romgaz Update
Toronto, Ontario and New York, New York--(Newsfile Corp. - May 18, 2021) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") has been advised by Romgaz representatives that the University of Ploiesti, Romania (Universitatea Petrol-Gaze Din Ploiesti) ("the University") completed a report reviewing the need for tracer monitoring technologies by Romgaz. The University's review resulted in the recommendation to move forward with Micromem's tracer monitoring technologies. The Company has requested a copy of the report for its files.
Romgaz has also advised the Company that funding for the entire project has been approved. Micromem will provide further updates as they become available.
About Micromem.
Micromem Technologies Inc. and its subsidiaries, a publicly traded (OTCQB: MMTIF) (CSE: MRM) company analyzes specific industry sectors to create intelligent game-changing applications that address unmet market needs. By leveraging its expertise and experience with sophisticated sensor applications, the Company successfully powers the development and implementation of innovative solutions for oil & gas, utilities, automotive, healthcare, government, information technology, manufacturing and other industries. Visit www.micromeminc.com.