Micromem plans non-brokered private placement of up to CAD $160,000 at CAD $0.025 per unit

• Micromem launched a non-brokered private placement of units priced at CAD 0.025, targeting gross proceeds up to CAD 160,000.
• Deal includes a 50% discretionary upsizing option, lifting the maximum raise to CAD 240,000.
• Each unit carries one common share, one warrant exercisable at CAD 0.05 for three years.
• Proceeds earmarked for working capital, debt settlement.
• All securities carry a four-month hold, subject to final regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Micromem Technologies Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609040800NEWSFILECNPR____20260904_312872_1) on September 04, 2026, and is solely responsible for the information contained therein.