Company: MMTIF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001062993-25-003888
Chunk: 108

Company: MICROMEM TECHNOLOGIES INC
Filing Date: 2025-02-28
Form: 20-F
Item: Item 18
Chunk 108
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31, October 31,
2024 2023
Less than one year - -
Between one to five years 1,087,997 -
Greater than five years - -
1,087,997 -
(iv)Long-term debt
The following represents an analysis of the maturity of warrant liabilities:
As at As at
October 31, October 31,
2024 2023
Less than one year - -
Between one to five years 49,477 43,254
Greater than five years - -
49,477 43,254

24. Subsequent events
Subsequent to October 31, 2024:
(a)The Company secured six (6) private placements with investors consisting of common shares and warrants pursuant to prospectus and registrations set forth in applicable securities law. It realized net proceeds of $405,000CDN ($285,125USD) and issued a total of8,100,000common shares.
(b)The Company secured $57,500USD in convertible debentures with a 12 month term and conversion features which become effective six months after initiation date.
(c)The Company converted $44,106USD of convertible debentures and accrued interest through the issuance of1,600,588common shares.
(d)The Company issued1,679,800common shares upon an exercise of warrants realizing net proceeds of $83,990CDN ($58,344USD).
(e)The Company made partial payments of $16,000USD and of $5,000USD towards convertible debentures.
(f)The Company extended convertible debentures that were within 3 months of maturity date from October 31, 2024 for an additional three (3) to six (6) months.

F-28

ITEM 19. Exhibits