NewswireToday - /newswire/ -
Winston-Salem, NC, United States, 2009/08/17 - SmallCapReview.com a leading site for small cap information is adding Mantra Venture Group (MVTG) to its list of stocks "On the Radar".
Mantra Venture Group (MVTG) operates in the U.S. and Canada with offices in Seattle, Washington and Vancouver, British Columbia. Through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability.
By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone.Mantra's recent developments have resulted in many governments and leading industrial companies taking an interest in ERC. Mantra is currently in discussions regarding various grants and other support initiatives offered by international governments, as well as possible pilot projects with large industrial companies.
MVTG Investor Highlights Include:
Has diversified technologies within Green Environment currently Carbon Diuoxide reduction (ERC) and water treatment/purification.
MVTG's technologies are applicable to multiple industries: steel plants (steel pickling), coal plants, mining, fuel cell development, carbon credits and more.
Mantras Electroreduction of Carbon Dioxide technology combines captured CO2 with water to produce high value materials, including: formic acid, formate salts, oxalic acid, and methanol.
In addition, companies adopting ERC stand to make significant profit from its by-products. Formic acid, for example, currently sells for approx. $1,200/ton.
Mantra signed an exclusive Option Agreement to acquire the license of the Biometals Recovery System (BRS)- a revolutionary mine wastewater technology, on February 27th, 2009
Intellectual property worldwide with patents pending.
Mantra successfully completed a prototype capable of processing 1 Kg of CO2 per day in Oct. 2008, and its first commercial scale reactor is schedule for launch in early 2010.
Announced that it has observed an increase in current efficiency in its Electroreduction of Carbon Dioxide (ERC) technology through the use of a new proprietary electrode catalyst structure.
This is just the first of a series of improvements expected by Mantra as they progress through a series of development trials.
Announced it is evaluating partnership opportunities with U.S.-based industry plants to facilitate the pilot scale demonstration project in the U.S. DOE Research Program.
Announced the appointment of Mr. Shawn Kim as the Vice President of International Business Development. Mr. Kim has nine years experience in the financial industry where he started as a business analyst. After dedicating 3 years to Mackenzie Financial Corporation in Toronto, he moved to AIG in Korea where he successfully implemented a worldwide marketing model and secured new business alliances.
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