Mantra Venture Group Ltd.
OTCQB : MVTG

Mantra Venture Group Ltd.

April 21, 2014 09:15 ET

Mantra Establishes Satellite Office in Berlin

BERLIN, GERMANY--(Marketwired - April 21, 2014) - Mantra Venture Group (OTCQB:MVTG) and its subsidiary, Mantra Energy Alternatives Ltd., have announced the establishment of a satellite office in Berlin, Germany. Through the individual and governmental contacts developed during a week of meetings in Berlin and Frankfurt, members of Mantra's management identified the office and hosted an official launch event in Berlin on April 12.

"After the success of our activities in Germany over the past week and the realization of the myriad opportunities for the company here, we have identified the country as an ideal place to set up operations," says Mantra CEO Larry Kristof. "We have been extremely encouraged by the reception of Mantra's technologies here, especially as there is a great deal of resistance to geological carbon sequestration."

Mantra's new office is located in the heart of Berlin at Salon Am Steinplatz (Steinplatz 3, Berlin-Charlottenburg). It will serve as the headquarters of a subsidiary GmbH company, the creation of which is already underway.

Mantra has extended its thanks to the organizations that have lent their assistance in the process, including Germany Trade and Invest, Berlin Partners, and Canada's Trade Commissioners.

Said VP Patrick Dodd, "Several of our very helpful contacts were established through the B2B meetings, organized by the Canadian Trade Commission, and the PowerHaus Pavilion at GLOBE 2014. We are very appreciative of their contributions."

Mr. Dodd went on to say, "From a technical standpoint, Germany is very exciting for us; not only is it world-renowned for engineering prowess, but it is also the home of several of the world's largest chemicals companies."

An initial team on the ground in Berlin has been established and will grow as Mantra's activities in Europe develop.

About Mantra Venture Group

Mantra Venture Group Ltd. (OTCQB:MVTG) is a clean technology incubator that takes innovative emerging technologies and moves them towards commercialization. The Company, through its subsidiary Mantra Energy Alternatives, is currently developing two groundbreaking electrochemical technologies designed to make reducing greenhouse gas emissions profitable, ERC (Electro-Reduction of Carbon Dioxide) and MRFC (Mixed-Reactant Fuel Cell).

ERC is a form of "carbon capture and utilization" (CCU) that converts the polluting greenhouse gas 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.

The MRFC 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.

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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.

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