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T O P I C     R E V I E W
luckylindy  - posted
MVTG NEWS:
Mantra Venture Group Corporate Update
Press Release Source: Mantra Venture Group, Ltd. On Thursday October 14, 2010, 4:12 pm EDT

SEATTLE, WA--(Marketwire - 10/14/10) - Mantra Venture Group Ltd. ('Mantra') (OTC.BB:MVTG - News) (Frankfurt:5MV - News) is pleased to announce that it has overcome dire market conditions and economic adversity in marking its most successful year since its inception.

Similar to most development stage companies, Mantra relies heavily on the support of investment capital to fund operations. Over the past 12-24 months, global financial markets experienced relentless pressure -- severely limiting the availability of funds and causing many technology development companies to collapse. Nevertheless, thanks to Mantra's corporate perseverance and unmatched product offering, the company was able to secure sufficient funds to weather the storm, and the company now finds itself in a favorable cash position. Furthermore, Mantra was able to make considerable progress over the course of the period from both a corporate as well as a technical perspective.

In June, Mantra successfully completed the year-long development program for the Electroreduction of Carbon Dioxide (ERC) technology. Over the course of the project, the company was able to upgrade ERC's main end-product (formate) to a concentration suitable for commercial upgrade, and it also achieved regeneration of the cathode while improving the long-term stability of the catalyst. Moreover, Mantra was able to improve ERC's current efficiency to 90% while vastly reducing the technology's power requirement.

In light of the project's completion, Mantra's John Russell commented: "Mantra is now closer than ever to completing its profitable solution to CO2. The next step is a field demonstration project -- a stage that I have been looking forward to for quite some time."

Two months later, Mantra signed an agreement with KOSPO (Korea Southern Power Corporation) and KC Cottrell to deploy Mantra's CCR (carbon capture and recycling) technology in a pilot project at KOSPO's coal fired power plant in Hadong, Korea. The project is slated to further advance Mantra's technology for large-scale applications and will operate alongside KC Cottrell's CO2 capture facility at KOSPO's largest coal fired power plant. The collaborative project is expected to begin shortly.

Concomitantly, Mantra made significant improvements to its Mixed Reactant Fuel Cell Technology (MRFC). The technology was proven at a lab scale and tests are showing continual improvement in the fuel cell's pivotal "figures of merit." There is still a significant amount of development remaining before MRFC can be commercialized, but the technology is looking more and more promising, and the company is very pleased with its progress to date.

While marking significant achievements from a technical standpoint, the company was by no means resting on its laurels from a corporate development perspective. In August, Mantra re-launched Climate ESCO Ltd. (CE), a wholly owned subsidiary, with a vision of identifying new and innovative ways to reduce the carbon footprint of public and private organizations. Immediately upon re-launch, CE established a working relationship with Fawoo Technology Co., Ltd to provide leading-edge LED (light emitting diode) lighting technologies to the North American marketplace. CE is now a revenue-generating subsidiary with multiple demonstration projects currently underway.

Due to expanding operations, Mantra was forced to move its corporate headquarters to a larger facility in September. Later that month, the company hosted an open-house to launch its new Corporate Headquarters in Surrey B.C. and more than 100 investors and community leaders were on-site to celebrate. The new location features expanded conference facilities and a showcase facility for the full line of Climate ESCO's LED lighting products. Located within easy access of highways, ports (Vancouver, Fraser Docks and Roberts Bank), and a major border crossing to the US, the building will also act as the company's main distribution center.

In speaking of Mantra's recent move, Larry Kristof, Chairman and founder of Mantra, noted: "Sustainable development and environmental stewardship are heavily encouraged within the community of Surrey -- representing a perfect fit for Mantra and its subsidiaries. We have already begun to collaborate on multiple community initiatives, and we look forward to growing with the city."

Mr. Kristof has since been asked to join Surrey's Clean Tech Advisory Board alongside many notable corporate and political leaders, and in February 2011 he will be joining Mayor Dianne Watts on a business mission to India. Over the course of the five day mission, the delegates will meet with industry officials and politicians to discuss matching opportunities in several areas, including: clean energy, manufacturing and education.

"All-in-all, this has been a fantastic year for Mantra," added Kristof. "Not only have we survived the financial turmoil, but we have done so with great success. We have gained momentum in both the lab as well as the boardroom, and I believe our future over the next 12-18 months will be even more rewarding. ERC demonstration projects are set to take the stage over the course of this period, and we are confident that the outcome will be eye-opening amongst industry officials worldwide."

Mantra Executives will be engaging in several business development missions over the next two months to solidify new partnerships in Canada and the US, with notable stops including California and Washington D.C. In addition, the company will be launching a new website later in the fall to provide updated technical information and visuals on Mantra's portfolio of technologies.

Mantra would like to thank its shareholders for sticking with the company through turbulent market conditions, and the company looks forward to rewarding this shared vision and fortitude through the developments that lie ahead.

Stay up to date with Mantra on Twitter: twitter.com/mantraenergy

About ERC:
The Electroreduction of Carbon Dioxide (ERC) is an innovative carbon recycling technology that combines CO2 with water to produce highly sought-after materials such as formic acid, formate salts, oxalic acid and methanol -- valuable chemicals used in a variety of industrial applications.

It is the goal of ERC to serve as a safe and more economical alternative to carbon capture sequestration (CCS) -- the process of capturing carbon dioxide and storing it in deep geological formations, in the ocean or as mineral carbonates.

About Mantra:
Mantra Venture Group Ltd. is a diversified Green Tech company seeking to become a world-leader in the development of commercially viable sustainable technologies. By acquiring the most promising technologies from universities, laboratories and companies and bringing them through to commercialization, Mantra will create significant shareholder value through subsequent acquisitions, spinouts and licensing fees. Current areas of interest for Mantra include: the reduction/recycling of carbon dioxide, alternative energy and energy efficiency.

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.
Mantra Venture Group Ltd. (MVTG) Stock Trading Info:
 
snowgator  - posted
Mantra's aggressive eight-step growth strategy, as outlined below, will see the company create a significant return on investment for investors by becoming a key contributor to the global effort for environmental sustainability.


1.Environmental Assessment: Observe current and future trends in global environment, including: climate change, energy use, pollution and natural resources
2.Identify Future Need: Recognize environmental trends of greatest concern that lack technical solutions
3.Understand Regulatory Framework Surrounding Need: Investigate political and regulatory environment and barriers affecting entry into identified market
4.Locate, Evaluate and Acquire Technology Surrounding Need: Draw upon management and technical expertise to select technologies best suited to meet identified need
5.Investment*: Inject capital into project
6.Infrastructure, Incubation and Innovation*: Use capital injection and management expertise to establish formal corporate infrastructure and optimize technology to best suit intended application(s)
7.Market Acceptance and Adoption: Entrance of technology into local, national and international marketplace
8.Licensing and or Spin-off Business Unit: Revenue generation through licensing agreements with industry-leading organizations, with sale of entire business unit as an alternate exit strategy
*Note: Many Green Tech projects require a massive initial investment; it would not be viable for Mantra to directly undertake one of these major projects independently. Therefore, its strategy is to either i) approach the project by means of partnership or joint venture with a larger organization, or ii) search for ancillary or supporting products and technologies that will contribute to much larger projects and which will succeed as the larger projects proceed. In this way Mantra will tap into worldwide markets, even if it is not directly responsible for the entirety of the larger project.
 
snowgator  - posted
MVTG 10-Q:http://biz.yahoo.com/e/101015/mvtg.pk10-q.html
 
wolyton  - posted
they have some interesting products and ideas...since there green this is gonna fly
 
luckylindy  - posted
MVTG 10-Q:http://biz.yahoo.com/e/101015/mvtg.pk10-q.html
 
arizonagold  - posted
MVTG - Lots of good news on this one. Closed up Friday. Take a look first thing in the morning. IMO
 
arizonagold  - posted
MVTG - Green is the wave of the future. This one looks like they have a edge in the industry. Could be a good one. IMO
 
luckylindy  - posted
MVTG: Check this website out,http://www.mantraenergy.com
 
beacher  - posted
MVTG -Electroreduction of Carbon Dioxide
27 billion metric tones of carbon dioxide are being emitted each year and carbon credits currently trade at values of up to $40 USD per tonne.
 
beacher  - posted
Today, the new direction is toward carbon management. It is minor today, but shows its impact in government policy, like the growth of renewable energy and carbon credits, but is growing larger with an increasing number of aspects.
 
beacher  - posted
Mantra is pleased to announce a project to further develop its Electroreduction of Carbon Dioxide (ERC) technology with input from 3M.
 
beacher  - posted
Business Overview

We are building a portfolio of companies and technologies that mitigate negative environmental and health consequences that arise from the production of energy and the consumption of resources. On November 2, 2007, through our wholly owned subsidiary, Mantra Energy Alternatives Ltd., we entered into a technology assignment agreement with 0798465 BC Ltd. whereby we acquired 100% ownership of an invention for the electro-reduction of carbon dioxide.

Our mission is to develop and commercialize alternative energy technologies and services to enable the sustainable consumption, production and management of resources on residential, commercial and industrial scales. We plan to develop or acquire technologies and services which include electrical power system monitoring technology, wind farm electricity generation, online retail of environmental sustainability solutions through a carbon reduction marketplace, and media solutions to promote awareness of corporate actions that support the environment. To carry out our business strategy we intend to acquire or license from third parties technologies that require further development before they can be brought to market. We also intend to develop such technologies ourselves, and we anticipate that to complete commercialization of some technologies we will enter into joint ventures, partnerships, or other strategic relationships with third parties who have expertise that we may require. We also plan to enter into formal relationships with consultants, contractors, retailers and manufacturers who specialize in the areas of environmental sustainability in order to carry out our online retail strategy.
 
beacher  - posted
Mantra’s aggressive eight-step growth strategy, as outlined below, will see the company create a significant return on investment for investors by becoming a key contributor to the global effort for environmental sustainability.


1.Environmental Assessment: Observe current and future trends in global environment, including: climate change, energy use, pollution and natural resources
2.Identify Future Need: Recognize environmental trends of greatest concern that lack technical solutions
3.Understand Regulatory Framework Surrounding Need: Investigate political and regulatory environment and barriers affecting entry into identified market
4.Locate, Evaluate and Acquire Technology Surrounding Need: Draw upon management and technical expertise to select technologies best suited to meet identified need
5.Investment*: Inject capital into project
6.Infrastructure, Incubation and Innovation*: Use capital injection and management expertise to establish formal corporate infrastructure and optimize technology to best suit intended application(s)
7.Market Acceptance and Adoption: Entrance of technology into local, national and international marketplace
8.Licensing and or Spin-off Business Unit: Revenue generation through licensing agreements with industry-leading organizations, with sale of entire business unit as an alternate exit strategy
 
beacher  - posted
Mantra's mission is to provide clean and green technological solutions for investors. Currently Mantra's efforts are concentrated on two niche revolutionary technologies.

Carbon Recycling with the Electroreduction of Carbon Dioxide (ERC)
Mixed Reactant Fuel Cell (MRFC)
Biometals Recovery System (BRS)
 
luckylindy  - posted
MVTG: Current Projects
Together we can create a sustainable future.
Mantra's mission is to provide clean and green technological solutions for investors. Currently Mantra's efforts are concentrated on two niche revolutionary technologies.

Carbon Recycling with the Electroreduction of Carbon Dioxide (ERC)
Mixed Reactant Fuel Cell (MRFC)
Biometals Recovery System (BRS)
 
wolyton  - posted
Concomitantly, Mantra made significant improvements to its Mixed Reactant Fuel Cell Technology (MRFC). The technology was proven at a lab scale and tests are showing continual improvement in the fuel cell's pivotal "figures of merit." There is still a significant amount of development remaining before MRFC can be commercialized, but the technology is looking more and more promising, and the company is very pleased with its progress to date.

While marking significant achievements from a technical standpoint, the company was by no means resting on its laurels from a corporate development perspective. In August, Mantra re-launched Climate ESCO Ltd. (CE), a wholly owned subsidiary, with a vision of identifying new and innovative ways to reduce the carbon footprint of public and private organizations. Immediately upon re-launch, CE established a working relationship with Fawoo Technology Co., Ltd to provide leading-edge LED (light emitting diode) lighting technologies to the North American marketplace. CE is now a revenue-generating subsidiary with multiple demonstration projects currently underway.

Due to expanding operations, Mantra was forced to move its corporate headquarters to a larger facility in September. Later that month, the company hosted an open-house to launch its new Corporate Headquarters in Surrey B.C. and more than 100 investors and community leaders were on-site to celebrate. The new location features expanded conference facilities and a showcase facility for the full line of Climate ESCO's LED lighting products. Located within easy access of highways, ports (Vancouver, Fraser Docks and Roberts Bank), and a major border crossing to the US, the building will also act as the company's main distribution center.

In speaking of Mantra's recent move, Larry Kristof, Chairman and founder of Mantra, noted: "Sustainable development and environmental stewardship are heavily encouraged within the community of Surrey -- representing a perfect fit for Mantra and its subsidiaries. We have already begun to collaborate on multiple community initiatives, and we look forward to growing with the city."

Mr. Kristof has since been asked to join Surrey's Clean Tech Advisory Board alongside many notable corporate and political leaders, and in February 2011 he will be joining Mayor Dianne Watts on a business mission to India. Over the course of the five day mission, the delegates will meet with industry officials and politicians to discuss matching opportunities in several areas, including: clean energy, manufacturing and education.

"All-in-all, this has been a fantastic year for Mantra," added Kristof. "Not only have we survived the financial turmoil, but we have done so with great success. We have gained momentum in both the lab as well as the boardroom, and I believe our future over the next 12-18 months will be even more rewarding. ERC demonstration projects are set to take the stage over the course of this period, and we are confident that the outcome will be eye-opening amongst industry officials worldwide."

Mantra Executives will be engaging in several business development missions over the next two months to solidify new partnerships in Canada and the US, with notable stops including California and Washington D.C. In addition, the company will be launching a new website later in the fall to provide updated technical information and visuals on Mantra's portfolio of technologies.

Mantra would like to thank its shareholders for sticking with the company through turbulent market conditions, and the company looks forward to rewarding this shared vision and fortitude through the developments that lie ahead.

Stay up to date with Mantra on Twitter: twitter.com/mantraenergy

About ERC: The Electroreduction of Carbon Dioxide (ERC) is an innovative carbon recycling technology that combines CO2 with water to produce highly sought-after materials such as formic acid, formate salts, oxalic acid and methanol -- valuable chemicals used in a variety of industrial applications.

It is the goal of ERC to serve as a safe and more economical alternative to carbon capture sequestration (CCS) -- the process of capturing carbon dioxide and storing it in deep geological formations, in the ocean or as mineral carbonates.

About Mantra: Mantra Venture Group Ltd. is a diversified Green Tech company seeking to become a world-leader in the development of commercially viable sustainable technologies. By acquiring the most promising technologies from universities, laboratories and companies and bringing them through to commercialization, Mantra will create significant shareholder value through subsequent acquisitions, spinouts and licensing fees. Current areas of interest for Mantra include: the reduction/recycling of carbon dioxide, alternative energy and energy efficiency.

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.
 
wolyton  - posted
good opening today

i recommend you look into it
 
arizonagold  - posted
MVTG - Mantra Venture Group (MVTG)
0.19 ▲ 0.02 (11.76%)
Volume: 16,905 @ 3:28:30 PM ET

Bid Ask Day's Range
0.15 0.19 0.16 - 0.19

Looking Good. IMO
 
arizonagold  - posted
MVTG - Mantra Venture Group Ltd. is a diversified Green Tech company seeking to become a world-leader in the development of commercially viable sustainable technologies.
 
wolyton  - posted
pretty exiting got some good volume going
 
luckylindy  - posted
MVTG NEWS: Mantra signs agreement for the production of green chemicals in Korea using carbon capture and recycling technology
PRINTSHARE
October 18, 2010 - Mantra Venture Group Ltd. recently announced that it has formally executed an agreement with KOSPO and KC Cottrell to deploy Mantra's Carbon Capture and Recycling (CCR) technology in a pilot project at KOSPO's coal fired power plant in Hadong, Korea.
The objective of the project is to demonstrate the effectiveness of Mantra's CCR technology in converting waste CO2 into valuable formic acid alongside KC Cottrell's unique CO2 capture facility, which is situated at KOSPO's largest coal fired power plant in Korea. KOSPO is Korea's major electricity provider and has several facilities across the country. KC Cottrell Co. Ltd. has been a leader in environmental technology for over 35 years and has operations in Asia, America and Europe.
The project is expected to advance Mantra's CCR technology in large scale applications and to secure further applications of CCR in the Republic of Korea. Upon successful completion of the project, Mantra expects the large scale implementation of its technology in Korea for disposing of waste CO2. According to Mantra, it all began to come together at the Olympics under the Metro Vancouver Commerce program supported by, amongst others, Mayor Dianne Watts, City of Surrey, Mayor Richard Walton, District of North Vancouver, Mayor Malcolm Brodie, City of Richmond, and Mayor Gregor Robertson, City of Vancouver.
Mantra's ERC process, 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 from the thermochemical processing of Fossil Fuels. ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy (forms of clean or renewable energy).
Mr. Larry Kristof, CEO of Mantra Venture Group stated; "This agreement represents a giant leap forward for the reduction of CO2 from industry sources using Mantra's technology. This project will serve as an important next step toward commercialization and recognition of CO2 as a valuble feedstock for green chemicals and fuels. Both KOSPO and KC Cottrell bring important elements to the comercialization process complementing Mantra's expertise."
Mr. Nam Ho Ki, CEO of Korea Southern Power Corporation, added; "The agreement we are signing today on the ERC technology to produce formic acid represents a groundbreaking technology to solve the problem with the global warming caused by CO2 emissions. Once the collaboration of our three companies in commercializing the formic acid production technology become a success, it will not only provide a new meaning for CO2 as a means to boost the industries and economy, but also a new perspective on the problem with GHG (Green house Gases) from using fossil fuels."
Mr. Lee Tae Young, CEO of KC Cottrell noted the following about the agreement with Mantra; "On top of making useful material, production of formic acid from CO2 using electro chemical reduction principle signifies a revolutionary change in the production of green chemical products. This agreement will serve as a catalyst for a strong collaboration with Mantra's proprietary technology, and with KOSPO who has been a driving force in developing innovative technologies together with Korea's green growth initiative. KC Cottrell will do our best to fast track the commercialization of ERC technology."
Mantra Venture Group Ltd.
TO LEARN MORE ABOUT THIS COMPANY:

Mantra Venture Group Ltd.
Website: www.mantraenergy.com
Mantra Venture Group Ltd. (MVTG) Stock Trading Info:
 
sycoblonde  - posted
MVTG - this one is a steady gainer imo - definietely one to watch
 
arizonagold  - posted
MVTG - Mantra Venture Gruop, Ltd. Specializing in green energy recovery. Great concept and looks good. Check out more at Mantraenergy.com
 
luckylindy  - posted
MVTG:http://www.youtube.com/watch?v=-rLzHRmZ0NA
 
luckylindy  - posted
MVTG: Mantra to Deploy Carbon Capture and Recycling Technology at Lafarge Cement Plant
SEATTLE, WA, Oct 20, 2010 (MARKETWIRE via COMTEX) -- Mantra Venture Group Ltd. ('Mantra') /quotes/comstock/11i!mvtg (MVTG 0.19, 0.00, 0.00%) (frankfurt:5MV) is pleased to announce that it has secured an ERC demonstration project with Lafarge Canada Inc.

Lafarge North America Inc., together with its subsidiary, Lafarge Canada Inc., is the largest diversified supplier of construction materials in North America.

Over the course of the project, Mantra, Lafarge and its wholly owned subsidiary Systech Corporation, will build and deploy a 100 kg Electrochemical Reduction of Carbon Dioxide (ERC) pilot plant at one of Lafarge's North American cement plants. The project is expected to further advance Mantra's ERC technology for large-scale applications and demonstrate the effectiveness of Mantra's ERC technology in converting CO2 into valuable green chemicals.

John Russell, VP of Technology, commented: "This is a tremendous opportunity for Mantra's ERC technology -- the benefits of which are twofold. Firstly, Mantra will gain valuable experience and exposure through its first-ever North American ERC pilot demonstration project. Secondly, Mantra may have the opportunity to deploy commercial-scale units across multiple Lafarge sites upon completion of the project."

Randy Gue, Director of Resource Recovery and Business Development at Lafarge Canada Inc., noted: "Lafarge is continuing to look for new and innovative ways to reduce our carbon footprint and make our operations even more sustainable. We are excited to be involved in this trial and are hopeful the Mantra Energy technology can prove to be a commercially viable option for utilizing the CO2 in our cement plant stack gases."

Larry Kristof, CEO of Mantra, added: "ERC could potentially reshape the way industry mitigates CO2 emissions, and industry leaders such as Lafarge are starting to recognize the economic and environmental potential contained therein. Lafarge's commitment to sustainable development is particularly admirable, and we look forward to helping the company achieve their corporate and social responsibility objectives."

The project is scheduled to begin in the first quarter of 2011, and further details will be announced as they become available.

Stay up to date with Mantra on Twitter: twitter.com/mantraenergy

About Lafarge The Lafarge Group is the world leader in building materials, with top-ranking positions in all of its businesses: Cement, Aggregates & Concrete and Gypsum. With 78,000 employees in 78 countries, the Group posted sales of 15.9 billion Euros in 2009. Lafarge North America Inc. ("Lafarge North America" or "Lafarge"), a Lafarge Group company, is the largest diversified supplier of construction materials in the United States and Canada. Lafarge Canada Inc. and Systech Corporation are subsidiaries of Lafarge North America Inc.

In 2010 and for the sixth year in a row, the Lafarge Group was listed in the "Global 100 Most Sustainable Corporations in the World." With the world's leading building materials research facility, the Lafarge Group places innovation at the heart of its priorities, working for sustainable construction and architectural creativity.

For more information about Lafarge North America, go to www.lafarge-na.com

Contact: Linda McKinley, Director of Communications Mobile: 403-461-9909

About ERC The ERC process, "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 from the thermochemical processing of Fossil Fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to green chemicals, new chemicals beyond formic acid, building products and liquid fuels.

While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy (forms of clean or renewable energy).

About Mantra: Mantra, 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 intends to provide a highly 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.


Corporate Communications
Kol Henrikson
1-604-535-4145
khenrikson@mantraenergy.com
 
wolyton  - posted
great little company high expectations for MVTG!
 
wolyton  - posted
SEATTLE, WA, Oct 20, 2010 (MARKETWIRE via COMTEX) -- Mantra Venture Group Ltd. ('Mantra') (OTCBB: MVTG) (FRANKFURT: 5MV) is pleased to announce that it has secured an ERC demonstration project with Lafarge Canada Inc.
Lafarge North America Inc., together with its subsidiary, Lafarge Canada Inc., is the largest diversified supplier of construction materials in North America.

Over the course of the project, Mantra, Lafarge and its wholly owned subsidiary Systech Corporation, will build and deploy a 100 kg Electrochemical Reduction of Carbon Dioxide (ERC) pilot plant at one of Lafarge's North American cement plants. The project is expected to further advance Mantra's ERC technology for large-scale applications and demonstrate the effectiveness of Mantra's ERC technology in converting CO2 into valuable green chemicals.

John Russell, VP of Technology, commented: "This is a tremendous opportunity for Mantra's ERC technology -- the benefits of which are twofold. Firstly, Mantra will gain valuable experience and exposure through its first-ever North American ERC pilot demonstration project. Secondly, Mantra may have the opportunity to deploy commercial-scale units across multiple Lafarge sites upon completion of the project."

Randy Gue, Director of Resource Recovery and Business Development at Lafarge Canada Inc., noted: "Lafarge is continuing to look for new and innovative ways to reduce our carbon footprint and make our operations even more sustainable. We are excited to be involved in this trial and are hopeful the Mantra Energy technology can prove to be a commercially viable option for utilizing the CO2 in our cement plant stack gases."

Larry Kristof, CEO of Mantra, added: "ERC could potentially reshape the way industry mitigates CO2 emissions, and industry leaders such as Lafarge are starting to recognize the economic and environmental potential contained therein. Lafarge's commitment to sustainable development is particularly admirable, and we look forward to helping the company achieve their corporate and social responsibility objectives."

The project is scheduled to begin in the first quarter of 2011, and further details will be announced as they become available.

Stay up to date with Mantra on Twitter: twitter.com/mantraenergy

About Lafarge The Lafarge Group is the world leader in building materials, with top-ranking positions in all of its businesses: Cement, Aggregates & Concrete and Gypsum. With 78,000 employees in 78 countries, the Group posted sales of 15.9 billion Euros in 2009. Lafarge North America Inc. ("Lafarge North America" or "Lafarge"), a Lafarge Group company, is the largest diversified supplier of construction materials in the United States and Canada. Lafarge Canada Inc. and Systech Corporation are subsidiaries of Lafarge North America Inc.

In 2010 and for the sixth year in a row, the Lafarge Group was listed in the "Global 100 Most Sustainable Corporations in the World." With the world's leading building materials research facility, the Lafarge Group places innovation at the heart of its priorities, working for sustainable construction and architectural creativity.
 
arizonagold  - posted
MVTG - Read the great news. Larry Kristof, CEO of Mantra, said in part in the latest news release "ERC could potentially reshape the way industry mitigates CO2 emissions, and industry leadersare starting to recognize the economic and environmental potential contained therein."

This very green and growing company is gaining the recognition and joining with other industries to apply this ERC technlogy.

Watch this one it has great potential. IMO
 
arizonagold  - posted
MVTG - Lots of talk here today. Read about the latest on Mantra Venture Group, Ltd. Forward moving company with green technology that is very exciting. IMO
 
luckylindy  - posted
MVTG NEWS:Oct. 28, 2010, 9:30 a.m. EDT

Mantra Joins Forces With A.J. Buckley of "CSI: New York"
SEATTLE, WA, Oct 28, 2010 (MARKETWIRE via COMTEX) -- Mantra Venture Group Ltd. ('Mantra') /quotes/comstock/11i!mvtg (MVTG 0.15, +0.01, +7.14%) (frankfurt:5MV) is pleased to welcome A.J. Buckley as Celebrity Spokesperson and team member.

Best known for his role as 'Adam Ross' on the award-winning, critically acclaimed, Bruckheimer series "CSI: NY," A.J. Buckley has appeared in over 20 feature films including "The In Crowd" and "Blue Car," as well as numerous guest starring roles on such hit TV shows as "Entourage," "Supernatural" and "Bones." In addition to his busy acting career, Buckley is part owner of Scene -- Louisiana's top entertainment magazine.

As Mantra's Celebrity Spokesperson, Buckley will be working hand-in-hand with the company's public relations group to increase environmental awareness and provide insight into the groundbreaking technologies currently under development at Mantra. Buckley will be present during future tradeshows and media events and is expected to increase public acceptance and adoption rates of technologies under Mantra's portfolio.

When asked about his new position, A.J. Buckley commented: "This is a very exciting opportunity for me, as I have been fascinated by the company for over a year. Mantra's carbon recycling and LED technologies will have a great impact on our planet and I see this as a great way for me to contribute to the global push towards environmental sustainability. I am hopeful that by getting the message to more people, we can have a significant impact in re-shaping the future."

"We are honored to have A.J. join the team," said Larry Kristof, Chairman and Founder of Mantra. "Not only is he well-known in North America, he also has a huge International following. He is one of Hollywood's young rising stars. A.J. has been a strong supporter of our company for quite some time, and involving him in our public relations effort will dramatically help Mantra reach people of all age groups, all around the world."

Stay up to date with Mantra on Twitter: www.twitter.com/mantraenergy

About A.J. Buckley A.J. Buckley is best known for his role as 'Adam Ross' on CBS' "CSI: NY," portraying the gifted scientist that brings a lot of humor to dark situations. In the critically acclaimed, "Skateland," A.J. stars as 'Teddy Tulos,' the heartfelt and captivating owner of an early 1980s small-town Texas skating rink.

Ireland native, A.J. immigrated to Canada at age six and later spent his teenage years in British Columbia, where he began his acting career in the television series "The Odyssey." He has since made more than 20 feature films including "Disturbing Behaviour," "The In Crowd" and the critically acclaimed "Blue Car." He has also appeared in such hit TV shows as "Entourage," "X-Files," "Millennium," "Without a Trace," "NYPD Blue," "Jack and Jill" and "Bones." Furthermore, a guest starring role as 'Ed Zeddmore,' leader of a group of wannabe ghost hunters in the popular CW series "Supernatural," has led A.J. to write, direct and star in the critically acclaimed, Warner Brother's original web based series, "The Ghostfacers" (www.ghostfacers.com).

Buckley is the owner of FourFront Productions and the part-owner of Scene Magazine -- Louisiana's top entertainment magazine.

For more information, visit A.J. Buckley's website (www.ajbuckley.net).

About Mantra Venture Group Ltd. Mantra, through its group of sustainable energy, carbon recycling 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 intends to provide a highly profitable and, more importantly, socially 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 EDV 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.


Corporate Communications
Kol Henrikson
1-604-535-4145
khenrikson@mantraenergy.com
www.mantraenergy.com


SOURCE: Mantra Venture Group, Ltd.

mailto:khenrikson@mantraenergy.com
http://www.mantraenergy.com
 
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