Archive for the ‘Mantra Venture Group Ltd. MVTG’ Category

Mantra Venture Group Ltd. (MVTG.OB) Recognizes the Significant Market for the Biometals Recovery System

Tuesday, May 19th, 2009

Mantra Venture Group Ltd., through its group of sustainable energy, carbon reduction, and consumer product subsidiaries, is active in the green technology marketplace. By aggressively seeking out new technologies and innovative solutions for a cleaner Earth, the company has a multi-faceted approach focused on profitability through sustainability.

Mantra Venture recently signed an exclusive option agreement to acquire the license of the biometals recovery system (BRS) – a biological-based water treatment system that selectively recovers and upgrades valuable metals with maximum energy recovery. A major market for this technology is acid mine drainage.

Acid mine drainage, the outflow of acidic water from abandoned metal or coal mines, is a major problem in the US. Acid mine drainage is responsible for the contamination of 40% of western waterways. In addition to the treatment of acid mine drainage, a secondary market for Mantra’s BRS technology is heap leaching metal recovery. Heap leaching is currently responsible for 20% of worldwide copper production.

The implementation of the Mantra’s BRS technology will focus on the development of selected large-scale projects in collaboration with key industry partners. In addition, the company anticipates licensing the BRS technology to resource companies for their own applications for projects that do not fit within Mantra’s discretionary project criteria.

Mantra’s BRS technology relies on a much more efficient biological reaction than competitive products already in the marketplace, and is expected to provide a major economic advantage over competing technologies in the acid mine drainage marketplace. Therefore, Mantra anticipates rapidly overcoming market penetration rates achieved by its competitors.

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Mantra Venture Group Ltd. (MVTG.OB) Announces QualityStocks Coverage

Thursday, May 14th, 2009

Mantra Venture Group Ltd. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Mantra Venture Group Ltd. is focused on becoming a world leader in the development of commercially viable, sustainable technologies by minimizing the impact of human activity on our climate, environment and health. The company aims to bridge the gap between innovation and investment by identifying and incubating clean tech innovations and renewable energy solutions.

Mantra is dedicated to developing and commercializing technologies that support a greener economy, with a key focus on meeting the needs of the present without compromising the future. The company is currently focused on two core technologies: The Electrochemical Reduction of Carbon Dioxide (ERC) – a technology that combines captured carbon dioxide with water to produce high value materials, and Biometals Recovery System – a technology targeting the treatment of acid mine drainage, metal recovery and energy savings.

Mr. Kristof stated, “Mantra Venture Group has a unique and solid business foundation, and the company appreciates the opportunity to be featured in the QualityStocks Newsletter, Video and Blogs. QualityStocks is providing a much-needed service in the micro-cap and small-cap markets.”

Michael McCarthy, Managing Director for QualityStocks, commented, “We are very pleased to have Mantra Venture as a featured company. The Company is methodically establishing itself as a leading green tech company.”

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Mantra Venture Group Ltd. (MVTG.OB) to Receive Canadian Federal Funding

Thursday, May 14th, 2009

Mantra Venture Group Ltd. announced yesterday after the closing bell that it has entered into a Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) with the purpose of advancing its Electro-Reduction Technology (ERC) towards commercialization. In addition to business and technical advisory and development support, this agreement will provide research and development funding of up to $75,000.

In the press release, the company stated, “The objective of this project, entitled ‘Electroreduction of Carbon Dioxide Development Program,’ is to establish the technical basis for electro-reduction of carbon dioxide to formate using Mantra’s ERC technology. The focus will be on increasing the cathode life, reducing formate cross-over to retrieve formate from the catholyte solution, and optimizing the reactor with respect to its use in processes for the electro-synthesis of formate/formic acid.”

Larry Kristof, President and CEO of Mantra, commented, “We are very encouraged by the continued support from both private and public organizations such as NRC-IRAP, especially given the economic challenges currently faced by many development-stage companies today. It is with great pleasure that we accept the opportunity to collaborate with NRC-IRAP on this project, and we look forward to both the advisory support as well as the financial assistance offered through the program.”

Norman Chow, President of Kemetco Research, a technology development and scientific research company that has partnered with Mantra to launch and operate the ERC Development Program, stated, “The completion of Mantra’s ERC technology will potentially revolutionize the Carbon Capture and Sequestration marketplace. As such, we hope to make significant technical advancements through the NRC-IRAP program, ultimately resulting in the widespread commercialization of ERC.”

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Mantra Venture Group Ltd. (MVTG.OB) Video Interview Provides Overview of ERC Technology

Tuesday, May 12th, 2009

During the Sustainability 2008 Conference hosted in Vancouver, British Columbia, Mantra Venture Group’s VP of Technology Evaluation John Russell participated in an interview to discuss the company’s ERC (electro-reduction of carbon dioxide) Technology. To hear the interview while watching a demonstration of the technology, please click on the following link: http://www.youtube.com/watch?v=-rLzHRmZ0NA.

Carbon dioxide is the main contributor to climate change and accounts for about two thirds of greenhouse gases produced by human activities. Currently, one quarter of the world’s carbon dioxide emissions are released from the burning of fossil fuels in stationary coal-fired power plants. Since large scale applications have not yet been able to make the shift to renewable energy, fossil fuels remain the most cost effective option energy source available.

Scientists and innovators are now looking at methods to manage the CO2 released so that it doesn’t enter our atmosphere. These methods currently include capturing the gas and injecting it underground for storage in a process called carbon sequestration. However, a full carbon capture and storage system for large-scale power plants is not a cost effective option.

Mantra Venture Group’s ERC process offers a revolutionary alternative to carbon sequestration with many potential advantages. Instead of addressing carbon dioxide as the problem, ERC harnesses the gas’s chemical properties as part of the solution. Capitalizing on the abundance of carbon dioxide being released from fossil fuel combustion, ERC converts CO2 to useful, financially profitable products.

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Mantra Venture Group (MVTG.OB) is Bridging the Gap for Sustainable, Green Technologies

Friday, May 8th, 2009

Mantra Venture Group Ltd. is a diversified Green Tech company focused on becoming a world leader in the development of commercially viable sustainable technologies by minimizing the impact of human activity of our climate, environment and health. The company aims to bridge the gap between innovation and investment by identifying and incubating clean tech innovations and renewable energy solutions.

Mantra has acquired the intellectual property for a process developed at the University of British Columbia that converts carbon dioxide into useful, profitable products. This process, named ERC, uses carbon dioxide, electricity and water to produce fuels and chemicals such as formic acid, formates and oxygen. The technology could be applied in a closed-loop fuel cell cycle, converting carbon dioxide into a fuel that is then used in a fuel cell to generate energy.

The company has also signed an exclusive Option Agreement to acquire the license of the Biometals Recovery System (BRS), a mine wastewater technology that recovers and upgrades valuable metals with maximum energy recovery. In addition to treating acid mine drainage, a secondary market for BRS technology is Heap Leaching Metal Recovery which is currently responsible for 20% of worldwide copper production, representing an approximate market value of $12 Billion USD.

Mantra is dedicated to developing and commercializing technologies that support a greener economy, with a key focus on meeting the needs of the present without compromising the future. The company’s corporate mission is to provide businesses and individuals with the resources needed to achieve significant, sustainable reductions in their ecological footprint.

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Mantra Venture Group Ltd.’s (MVTG.OB) Recent Memorandum of Understanding with Bluebird Co. Ltd.

Tuesday, May 5th, 2009

Last month, The District of North Vancouver (DNV) hosted the ceremonial signing of a Memorandum of Understanding (MOU) between Mantra Venture Group Ltd. and Bluebird Co. Ltd., an environmental engineering company based out of Seoul, Korea. As outlined in the terms of the MOU, Bluebird will become an integral partner in the development, deployment and commercialization of Mantra’s Electroreduction of Carbon Dioxide Technology (ERC) in Korea as well as various other territories within Asia.

In the press release announcing the ceremonial signing of the MOU, Larry Kristof, President and CEO of Mantra, stated, “The MOU signifies the beginning of a burgeoning partnership in which each party stands to benefit greatly. Both Bluebird and DNV have played integral roles in solidifying this promising partnership, and we are very encouraged by their commitment to innovative and sustainable development locally and abroad. Mantra applauds the efforts of the DNV in making this deal come to fruition, and we look forward to their continued support moving forward.”

Bluebird has committed to investing CDN $3.5 million for the development of commercial scale carbon dioxide processing equipment. In return, Bluebird will become Mantra’s exclusive licensee, distributor and manufacturing partner in Korea and other specified regions within Asia.

Mr. Tae-in Kim, President and CEO of Bluebird commented, “Our company is in the business of clean air and we are therefore very grateful for having been introduced to Mantra through the District of North Vancouver. Our goal is to bring the best technologies from Mantra and Bluebird together to become the number one Green Tech company in the world. I would like to thank all of you for your continued support and encouragement.”

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Keep Mantra Venture Group (MVTG.OB) on Radar!

Tuesday, April 14th, 2009

Mantra Venture Group Ltd. is a diversified Green Tech company focused on becoming a world-leader in the development of commercially viable sustainable technologies by minimizing the impact of human activity of our climate, environment and health. The company aims to bridge the gap between innovation and investment by identifying and incubating clean tech innovations and renewable energy solutions.

Mantra retains 100% outright ownership of a chemical processing technology developed by the University of British Columbia’s Clean Energy Research Center, entitled the Electroreduction of Carbon Dioxide (ERC). Powered by electricity, this technology combines captured carbon dioxide with water to create high value materials that are conventionally obtained from the thermochemical processing of fossil fuels.

In October of last year, the company completed its first ERC prototype, capable of processing 1 Kg of CO2 per day. Mantra’s first commercial scale reactor is anticipated to reach completion by Q2 2010, and will be capable of processing 1 ton of CO2 per day. Once the reactor is built, the company will begin developing a reactor capable of processing 100 tons of CO2 per day.

Several key players within identified target markets have been in discussions with Mantra. The company is currently in the process of finalizing Partnership Agreements with a host of international corporations, which should lead to increased capital resources to accelerate development and optimization of the commercial scale ERC reactor. The company is looking to finalize the first set of agreements by the end of next month.

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Mantra Venture Group Ltd, Inc. (MVTG.OB): Another Green Stock on the Move

Monday, November 3rd, 2008

Mantra Venture Group owns several subsidiaries that have their focus on the environment. Mantra Wind focuses on sustainable wind technologies by building wind farms in British Columbia. Mantra Energy Alternatives Ltd. focuses on the alternative energy field exclusively with interest in biomass, hydrogen, tidal power, and improved 3-phase power management. Climate Esco Ltd. focuses on helping businesses implement new green technologies. Mantra Media Corp. serves to spread awareness for the complex field of sustainability with media and public relations. Last, but not least is Mantra China, which is the vehicle for the Mantra Group to establish a presence in Asia and expand throughout the Pacific Rim.

Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, implements an innovative, multi-faceted approach focused on profitability through sustainability. Mantra has acquired the intellectual property for an alternative to carbon capture and storage, the CO2 Converter, a process that converts carbon dioxide into a fuel. Mantra has also secured an exclusive option to Signal Smoothing, a technology that can convert power from variable sources (i.e. wind and solar) into grid standard. The global wind energy industry alone is now worth $6 billion and is growing rapidly, projected to be worth $37 billion in 2010.

A feature on Mantra’s website is the Carbon Calculator. The Carbon Calculator accepts initial user input, then calculates annual CO2 emissions based on energy and resource use in the home and at business premises (e.g. space heating, hot water, and electrical equipment), and for personal and public transport (e.g. cars, motorbikes, flights, bus and rail). Initial user input generates a base-line carbon footprint. This makes it handy for consumers to see their personal impact on the environment and what they can do to minimize their footprint.

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Mantra Venture Group (MVTG.OB) is “One to Watch”

Wednesday, August 13th, 2008

Mantra Venture Group, through their sustainable energy, carbon reduction, and consumer product subsidiaries, conducts their business in the green technology marketplace. They trade on the OTCBB with corporate headquarters in Seattle, Washington, and Vancouver, British Columbia. They facilitate investment in sustainable, commercially viable technologies. The company works to connect investors with innovative technologies that offer opportunities to meet today’s global environmental challenges.

With a primarily financial role, Mantra Venture Group’s focus is to provide investors with an opportunity to invest in renewable, sustainable, green, and low-carbon impact technologies. They also focus on providing their subsidiary companies with corporate oversight and guidance, as well as fulfilling their responsibility to engage the community through education.

The company has the intellectual property (patent application) for an alternative to carbon capture and storage. This is for the CO2 Converter, a process that converts carbon dioxide into a fuel. Mantra also has an exclusive option to Signal Smoothing. This technology can convert power from variable sources such as wind and solar into grid standard. Mantra also continues to investigate opportunities in cellulosic ethanol, biogas from biomass, and clean-coal technology.

Examples of technologies and projects that the company is currently developing and investigating through their subsidiaries are CO2 capture, sequestration, and underground injection. They are also working on evaluations of the marketplace for carbon reduction vendors. In addition, the company is looking for opportunities to increase power efficiencies as well as opportunities in wind, ocean, and geothermal power. The company is involving themselves in, or investigating opportunities in, biomass gasification, fuel cell technology commercialization, clean coal technologies, and residential/commercial/industrial energy efficiency as well as low carbon transportation alternatives.

In mid-July, Mantra Venture Group Ltd. announced that they have established Mantra NextGen Power Inc. (NextGen). NextGen’s focus is to develop renewable fuels and the solar electricity for specialty applications. Mantra is conducting due diligence on selected patented processes for the production of ethanol from non-food cellulosic feedstocks. NextGen is currently in negotiations with a company that has developed a technology for the production of ethanol from wood or agricultural wastes. This new ethanol production method will convert agricultural and forestry waste into a clean-burning ethanol fuel. NextGen is also conducting due diligence on several solar photovoltaic (electrical) applications.

Yesterday, the company provided an update on the progress of their ERC (electro-reduction of carbon dioxide) technology at their laboratory. So far, the preliminary process flow diagram has received review and updating and material compatible for the project has undergone review. In addition, they have selected and ordered major components and received electrochemical cells from the University of British Columbia. These cells are undergoing refurbishing for the project. Additionally, Mantra has completed a one-year research and development schedule, and assembly of their test rig is currently happening.

The ERC process takes carbon dioxide and water, combined with electricity, to produce fuels and chemicals such as formic acid, formates, and oxygen. Larry Kristof, Mantra’s C.E.O., commented, “The ERC test station is scheduled to be assembled by September 19, 2008 and online by September 30, 2008. Mantra is very excited to push this technology through to the marketplace. Implementation of this technology will have a significant impact on our current climate change crisis.”

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Small Cap Voice Featured Client: Mantra Venture Group, Ltd. (MVTG.OB)

Wednesday, April 16th, 2008

Mantra Venture Group, Ltd. (MVTG.OB) provides people and businesses the means to achieve reduction in their energy consumption and associated environmental impact. Mantra is active in the green technology market through its subsidiaries, which are focused on sustaining energy and reducing carbon emissions. The company operates in the United States and Canada with offices in Seattle, Washington and Vancouver, B.C.

Mantra’s companies include Carbon Commodity Corp., Climate ESCO Ltd., Mantra Media Corp., Mantra Wind, Inc., and Mantra Energy. The company is engaged in providing multiple products and services through these subsidiaries. In addition, the company owns technology for the electrochemical reduction of CO2. Mantra has also acquired the exclusive rights and is negotiating to purchase a power-signal smoothing technology designed to allow more efficient management of small and large scale power systems.

The company plans to expand internationally with a focus on Europe and the Peoples Republic of China. In China, the company has been sourcing new technologies, partners and markets, as well as making their website available in Chinese. In Europe, the company has already started trading on the Frankfurt Stock Exchange

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