SEATTLE, Nov. 3 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ('Mantra',
OTCBB: MVTG, FSE: 5MV) is pleased to announce a project to further develop its
Electroreduction of Carbon Dioxide (ERC) technology with input from 3M.
The project will evaluate certain parts and materials proposed by 3M and
evaluate their suitability for inclusion in the ERC equipment. It will also
investigate a new approach to CO(2) capture. The parties will share the cost
of the project equally.
About 3M
A recognized leader in research and development, 3M produces thousands of
innovative products for dozens of diverse markets. 3M's core strength is
applying its more than 40 distinct technology platforms - often in combination
- to a wide array of customer needs. With $25 billion in sales, 3M employs
75,000 people worldwide and has operations in more than 60 countries. Visit:
http://www.3m.com.
About ERC
ERC carbon recycling, "the Electrochemical Reduction of Carbon Dioxide",
combines captured carbon dioxide with water to produce high value materials,
such as formic acid and formate salts, which are conventionally obtained by
thermochemistry. ERC has advantages over thermochemistry: it operates at near
ambient conditions, and by using renewable energy it can output neutral carbon
balance products.
About Mantra:
Mantra and its subsidiaries are active in the green technology marketplace
with a focus on profitability through sustainability. The company intends to
provide a profitable and environmentally responsible investment for its
shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on
the Frankfurt Stock Exchange under the symbol 5MV.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed
in this press release are forward-looking statements. Actual results may
differ materially from those described in forward-looking statements and are
subject to risks and uncertainties. See Mantra Venture Group's filings with
the Securities and Exchange Commission which identify specific factors that
may cause actual results or events to differ materially from those described
in the forward-looking statements.
SOURCE Mantra Venture Group Ltd.
Investor Relations, Kol Henrikson, 1-877-609-2898,
khenrikson@mantraenergy.com, www.mantraenergy.com
