Micromem Announces Private Placement Closing

Toronto, Ontario and New York, New York--(Newsfile Corp. - January 14, 2026) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces closing of a tranche of its non-brokered private placement (the "Private Placement") previously announced in its news release issued on December 31, 2025. Micromem raised gross proceeds of approximately C$327,778 by placing a total of 6,555,555 units at a price of C$0.05 per unit, each unit being comprised of one common share and one war ...