SEATTLE, WA, April 21 /PRNewswire-FirstCall/ -- Mantra Venture Group Ltd. ("Mantra" -OTCBB: MVTG-FSE: EDV 5MV) is pleased to announce the publication of a new research paper entitled "Electrochemical Processing of Carbon Dioxide" regarding the company's Electro Reduction of Carbon Dioxide (ERC) technology.
Written by the inventors of the ERC technology, Professor Colin Oloman and Dr. Hui Li, the paper was published in the European journal ChemSusChem, an interdisciplinary journal for research in chemistry and sustainable energy research. The paper is available at http://dx.doi.org/10.1002/cssc.200800015.
The publication of the paper is another important step in the development of the technology, which Mantra acquired from Professor Oloman in 2007. Professor Oloman is now member of Mantra's Scientific Advisory Board and will be helping Mantra to establish its new research facility in Vancouver, British Columbia. The paper abstract describes that "with respect to the negative role of carbon dioxide on our climate, it is clear that the time is ripe for the development of processes that convert CO2 into useful products." The abstract goes on to say that the process "may be carried out in a trickle-bed continuous electrochemical reactor under industrially viable conditions. Presuming the problems of cathode stability and formate crossover can be overcome, this type of reactor is proposed as the basis for commercial operation."
Mr. John Russell, V.P. Technology Evaluation for Mantra said that "the commercial aspects of this next phase, to be conducted in our own laboratories, offers great hope for the future. The new paper describes a 100 ton per day operation."
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 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.
CONTACT: Kol Henrikson, Corporate Communications, Phone: (877) 609-2898, Email: