BURNABY, BRITISH COLUMBIA -- (Marketwired) -- 11/20/13 -- Mantra Venture Group Ltd. (OTCQB: MVTG) and its subsidiary, Mantra Energy Alternatives Ltd., announced their participation in Pollutec Horizons 2013 in Paris, France, from December 3rd to 6th. Through funding support from the Federal Government of Canada, and organized by Canadian Manufacturers & Exporters, Mantra Energy is pleased to participate in this trade mission to foster relationships with other businesses involved with clean technology and sustainability. Mantra will seek to find further development partners or investors for its novel Electro Reduction of Carbon Dioxide(ERC) and Mixed Reactant Fuel Cell (MRFC) technologies.
Pollutec is one of the leading international exhibitions for environmental technologies, and Pollutec Horizons 2013 is described as "the show for cleantech, energy and sustainable development". The show will attract over 30,000 visitors involved in major functions of companies and organizations, and will allow them to share information and foster relationships through technology exhibitions, "Green Business" meetings, site visits, and other events. Pollutec boasts that an average of 53 useful contacts are developed per exhibitor, with 71% of deals being finalized within the year.
"This is an excellent opportunity for Mantra to further develop its international connections, and ultimately move our technologies forward," said Larry Kristof, Mantra's CEO.
Interested parties attending Pollutec Horizons will be able to visit Mantra Energy in:
HALL : 6 AISLE : M STAND No: 108 SECTOR : INTERNATIONAL COLLECTIVE
About ERC
ERC, or the "Electro-Reduction of Carbon Dioxide", is a form of "carbon capture and utilization" (CCU) that converts the pollutant carbon dioxide into useful, valuable products including formic acid and formate salts. By utilizing clean electricity, the process offers the potential for an industrial plant to reduce emissions while generating a salable product and a profit.
About MRFC
The MRFC, or "Mixed-Reactant Fuel Cell", is an unconventional fuel cell that uses a mixture of fuel and oxidant, thereby greatly reducing the complexity and cost of the fuel cell system. Ideal for portable applications, the MRFC is cheaper, lighter, and more compact than conventional fuel cell technologies.
About Mantra Energy Alternatives
Mantra Energy Alternatives Ltd., a wholly owned subsidiary of Mantra Venture Group Ltd., aims to become a world leader in the production of high-value, carbon-negative chemicals and fuels. Mantra is currently developing the ERC process, which will initially produce formic acid and formate salts from carbon dioxide, and will eventually be capable of generating a wide variety of products. The company seeks to simultaneously reduce anthropogenic carbon emissions, which total over 30 billion tonnes each year from fuel combustion alone, and generate value.
Mantra Venture Group is a public company quoted on the OTC QB under the symbol MVTG.
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For more information go to: http://www.mantraventuregroup.com
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 forward-looking statements.
Contacts:
Investor Relations:
John Williams
(604) 495-1766 (Canada)
(502) 214-5932 (USA)
mantraenergy@aberdeencap.com
Company Contact:
(604) 560-1503
info@mantraenergy.com
www.mantraventuregroup.com
