Toronto, Ontario and New York, New York--(Newsfile Corp. - October 10, 2025) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces closing of its non-brokered private placement (the "Private Placement") previously announced in its news release issued on September 30, 2025. Micromem raised gross proceeds of approximately C$498,652 by placing a total of 9,066,400 units at a price of C$0.055 per unit, each unit being comprised of one common share and one warrant exerci ...

Toronto, Ontario and New York, New York,--(Newsfile Corp. - September 30, 2025) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") announces the intention to proceed with a non-brokered private placement (the "Private Placement") by placing common share units at a price of CAD $0.055 per unit (a "Unit") for a total of up to CAD $400,000, subject to a 50% discretionary increase. Each Unit is comprised of one common share and one warrant exercisable at CAD $0.06 per share fo ...

Core Viewpoint - Interlink Electronics, Inc. has announced a non-binding Letter of Intent for the acquisition of a UK-based privately held company for an all-cash purchase price of up to approximately $1.9 million, which includes a three-year earnout component [1][2] Group 1: Acquisition Details - The acquisition target has over two decades of experience in contract manufacturing and outsourced engineering services, with revenues of approximately $5 million in its last fiscal year, breaking even [1] - The transaction is subject to the execution of a definitive purchase agreement, satisfactory due diligence, and customary closing conditions, with an anticipated closing later this year [1] Group 2: Strategic Implications - The acquisition is expected to be complementary to Interlink's Calman Technology subsidiary and aims to enhance the company's resources and sales efforts [2] - This move reflects the company's commitment to growth through both organic means and acquisitions, while also expanding its presence in the UK and EU markets [2] Group 3: Company Background - Interlink Electronics is a leader in sensor technology and printed electronic solutions, with nearly 40 years of experience serving diverse markets including medical, industrial, automotive, wearables, and IoT [2]

Core Insights - Interlink Electronics, Inc. is set to present at the 2025 Gateway Conference on September 3-4, 2025, in San Francisco, CA, showcasing its leadership in sensor technology and printed electronic solutions [1][2]. Company Overview - Interlink Electronics has 40 years of experience in delivering critical technologies across various markets, including medical, industrial, automotive, wearables, IoT, and specialty markets [5]. - The company serves a global customer base from its headquarters in Fremont, California, and has additional facilities in Camarillo, California, Shenzhen, China, Irvine, Scotland, and Barnsley, England [6]. Strategic Initiatives - CEO Steven N. Bronson will discuss the company's strategic growth initiatives, emphasizing customer momentum, double-digit revenue growth, margin expansion, and positive net income in Q2 2025 [3]. - Interlink has established growing relationships with Fortune 500 customers and achieved recent wins, including a major integrated sensing design award and grant funding for next-generation air quality monitoring [3]. - The company is focused on scaling its sales organization, advancing product innovation, and executing a disciplined M&A strategy, positioning itself for consistent profitability and accelerated revenue growth in 2026 [3].