Announcement • Jun 24
Micromem Technologies Inc Provides Update on Wearable Sensing Platform for Defence and Security Application Evaluation Micromem Technologies Inc. had completed its initial cost analysis and engineering review of the wearable unit prototype. The current design has achieved the targeted cost objectives established for the program while maintaining the required functionality and performance specifications. The criteria established contemplate a device that weighs less than 250 grams, with an anticipated cost of under CAD 1,000 per unit. The wearable unit meets the required weight threshold, providing a lightweight and practical solution suitable for extended field deployment. The DND opportunity provides for an initial annual order of approximately 5,000 units. The Company will be submitting the design to foreign militaries later this year. Micromem now intends to proceed with the next stage of development and construction of the wearable device platform for demonstration purposes. The technology can support a broad range of military, security, and first-responder applications providing real-time sensing and monitoring capabilities in challenging operating environments. Achieving target cost parameters while maintaining a lightweight design represents an important milestone for the program. The work performed by the engineering staff that it has hired for this project is included. Announcement • Jun 19
Micromem Technologies Inc. announced that it has received CAD 0.235 million in funding On June 18, 2026, Micromem Technologies Inc. closed the transaction. The company issued 9,400,000 units at a price of CAD 0.025 per unit for gross proceeds of CAD 235,000. Each unit comprises of one common share and one warrant exercisable at CAD 0.05 per share for a period of two years following the issuance date. A total of 9,400,000 common shares and 9,400,000 warrants were issued in this Private Placement, will all securities being subject to a four-month hold period. No insiders participated in this Private Placement and all subscribers are at arm's length. Closing of the Private Placement is subject to certain conditions, including compliance with post-closing requirements of the Canadian Securities Exchange (CSE). Announcement • Jan 15
Micromem Technologies Inc. announced that it has received CAD 0.327778 million in funding On January 14, 2026, Micromem Technologies Inc. closed the transaction. The company issued 6,555,555 units at a price of CAD 0.05 per unit for aggregate gross proceeds of CAD 327,777.75. No insiders participated in this Private Placement and all subscribers are at arm's length. The company may close, in its sole discretion, an additional tranche of up to CAD 167,000. Closing of the Private Placement is subject to certain conditions, including compliance with post-closing requirements of the Canadian Securities Exchange (CSE). 
