Mantra Venture Group Ltd.

OTCQB : MVTG


Mantra Venture Group Ltd.

April 09, 2014 16:15 ET

Shareholder Update: Mantra Extends European Road Show

FRANKFURT, GERMANY--(Marketwired - April 9, 2014) - Mantra Venture Group (OTCQB:MVTG) has announced the extension of its ongoing European road show. Mantra's CEO Larry Kristof has spent the last three weeks visiting individuals, institutions, government, and its partners in France, Spain, Switzerland, and Germany. Due to the continued interest from other parties and collaborators, Mr. Kristof will extend the trip to London, Dubai, and Hong Kong.

"The interest from the European community has been extremely encouraging," says Mr. Kristof. "I am very pleased with the results of this trip so far. We have opened many dialogues, several of which are likely to develop into new collaborations."

VP of Corporate Development Patrick Dodd joined Mr. Kristof in Switzerland. He has provided support for technical conversations with industry and academia. Mr. Dodd recently finished the management of Mantra's exhibition at GLOBE 2014 in Vancouver, and is also following up on several conversations initiated there, particularly in Germany and the U.K.

"The level of innovation in this part of the world is exciting for Mantra," says Mr. Dodd. "There are a great number of possibilities for the integration of our technologies with both the existing infrastructure and with other novel concepts here."

Mantra's management expects to see tangible results of these meetings in the coming days and weeks.

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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