Oct. 29, 2009 (PR Newswire) — SEATTLE, Oct. 29 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has signed a Letter of Intent (LOI) with King Fahd University of Petroleum & Minerals (KFUPM) based out of Dhahran, Saudi Arabia. Under the terms of the LOI, Mantra and KFUPM’s Center for Refining and Petrochemicals (CRP) have expressed a mutual interest to explore and research new processes that would use Mantra’s Electroreduction of Carbon Dioxide (ERC) reactor, a form of carbon recycling.

Current processes developed by Mantra have been demonstrated as effective in converting CO2 into a variety of valuable chemicals, including: formate salts, formic acid, oxalic acid and methanol. While each of these end-products has a significant market value, Mantra is now looking to create additional value in its ERC technology by expanding this list. The CRP Research Institute of KFUPM

VANCOUVER, Oct. 28 /PRNewswire-FirstCall/ – Mantra is pleased to announce that it has achieved enhanced cathode stability through the use of a new proprietary technique. Management will review the patentability of this technical breakthrough in the weeks that follow.

John Russell, Vice President of Technology Evaluation at Mantra, explained: “We are happy with the latest advancements made on the ERC technology and Mantra will be looking at the patentability of this latest discovery to further secure its competitive advantage. Thanks to persistent research, ERC is moving steadily from concept to reality as a complete technology.” He then added: “This is the essential evolution of a commercial product; it is built on a series of small successes culminating in a practical, economic technology that is of interest to industry and government.”

Mr. Larry Kristof, Mantra’s President and Chief Executive Officer, had this to say: “ERC has an important contribution to make in

Oct. 5, 2009 (PR Newswire) — SEATTLE, Oct. 5 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (Mantra, OTCBB: MVTG, FSE: 5MV) is pleased to announce the appointment of Mr. Jae Choon Ryu as Vice President of Corporate Finance, Korea. Mr. Ryu has over 17 years of experience in the investment industry in Korea, and has raised capital in excess of $50 million USD through public offering and private placement deals.

With the appointment of Mr. Ryu, Mantra started its Phase 1 of a two-phase approach for its expansion into Korea. Mr. Ryu will be responsible for managing partnerships in Korea and securing additional financing for the development of Mantra’s CO2 recycling and other technologies. Mantra’s regional office is scheduled to open on the first week of November 2009 and it will be located in the Investment Korea Plaza at the KOTRA head office in Seoul.

Upon completion of Phase 1, Mantra

Sep. 30, 2009 (PR Newswire) — VANCOUVER, Sept. 30 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has just signed its second Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) in support of its Electroreduction of Carbon Dioxide (ERC) technology.

Mantra received its first contribution from NRC-IRAP in April 2009 with the purpose of establishing the technical basis for electro-reduction of carbon dioxide to formate using Mantra’s ERC technology. Mantra’s technology has advanced significantly since this initial reward, including an increase in efficiency to 89.66% from 46.24% through the use of a new cathode structure. These encouraging improvements, along with Mantra’s continual compliance with program guidelines, contributed to NRC-IRAP’s second financial assistance award.

Over the course of this second project, entitled “Electroreduction of Carbon Dioxide Development Project 2,” Mantra’s objective is to explore suitable materials

Sep. 28, 2009 (PR Newswire) — SEATTLE, Sept. 28 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has just signed a Letter of Intent (LOI) with KC Cottrell Co., Ltd. (KC Cottrell), a global leader in air pollution control based out of Seoul, Korea. Under the terms of the LOI, Mantra and KC Cottrell will enter into a strategic alliance with the purpose of carrying out the engineering, construction, testing and deployment of a 100 kg-per day Electroreduction of Carbon Dioxide (ERC) reactor.

KC Cottrell is currently in the construction phase of a pilot project that captures and purifies 1/2 tonne of CO2 per day from an industrial power plant. With completion scheduled for December 2009, the company is now looking for an end-use for the concentrated CO2. ERC, Mantra’s CO2 recycling technology, represents an ideal candidate for the project

Axial Vector Energy Corp. today reminded investors that that its revolutionary Axial Vector Engine will be featured on the Global News Group Program “Special Edition TV” on Sunday, September 27th at 11:00 am EST. Designed to provide a platform for companies and organizations to talk about and present their solutions, the program provides international exposure via customized news reports reaching industry leaders and people through various news and media outlets.

Earlier this year, Host and Managing Editor of “Special Edition TV,” Ileana Bravo interviewed representatives from AVEC at their first United States based live demonstration of the “axial flux” and GENSET technology power generating system. The footage from these interviews, demonstrations, and other sources was compiled to deliver Axial’s story.

Ms. Bravo commented, “The fact that this engine runs on bio-based oil as fuel is significant in several ways. Palm oils that are

Sep. 21, 2009 (PR Newswire) — SEATTLE, WA, Sept. 21 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce the success from its Korean business development mission as ENTECH 2009 draws to a close. Over the course of the past several days, Mantra executives met with numerous business representatives and government officials, and several strategic relationships and financing opportunities have been identified.

Over the weekend, Mantra was personally invited by Director Sung from Gyung Buk Province to visit local power plants, tour facilities in Pohang city’s state-of-the-art techno-park complex, and to discuss current trends and environmental challenges faced by industry today. In commenting on the visit, Shawn Kim, Vice President of International Business Development for Mantra, noted: “I have seen the capacity of government and large industry leaders to get behind the new technologies and accelerate their pace toward commercialization. We see Mantra’s

Axial Vector Energy Corp. announced this morning that its revolutionary Axial Vector Engine will be featured on the Global News Group Program “Special Edition TV.” The program provides a platform for companies and organizations to discuss and present their solutions. Select companies are also given international exposure via customized news reports reaching industry leaders and people through various news and media outlets.

Last month, Host and Managing Editor of “Special Edition TV”, Ileana Bravo interviewed representatives from AVEC at their first United States-based live demonstration of the “axial flux” and GENSET technology power generating system. The video taken from these interviews, demonstrations, and other sources has been compiled to help deliver Axial Vector’s story.

Ms. Bravo commented, “The fact that this engine runs on bio-based oil as fuel is significant in several ways. Palm oils that are totally renewable fuel sources can be

SEATTLE, WA, Aug. 17 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has been invited by the BC Ministry of Economic Development to participate in The Environment Energy Tech Trade Show (ENTECH 2009) to be held in Busan, Korea from September 16th-19th, 2009. ENTECH is Korea’s largest trade show focused on energy and environment, with over 500 booths and 34,000 visitors anticipated for this year’s event.

Over the course of the event, Mantra and seven other companies from British Columbia, Canada, will have kiosks in the BC Pavilion section of the Busan Exhibition and Convention Center (BEXCO). Mantra will also be participating in the BC Networking Seminar, where companies deliver 7-10 minute presentations to 50 pre-selected Korean Companies and business-matching opportunities organized by BC’s representative office in Korea.

Larry Kristof, President and CEO of Mantra, comments: ‘We are very much looking

SEATTLE, July 28 /PRNewswire-FirstCall/ – Mantra is pleased to announce that it has observed an increase in current efficiency in its Electroreduction of Carbon Dioxide (ERC) technology through the use of a new proprietary electrode catalyst structure. This is just the first of a series of improvements expected by Mantra as they progress through a series of development trials.

John Russell, Mantra’s Vice President, Technology Evaluation, comments: ‘As a part of our latest development initiative, we replaced the tin granular catalyst previously used in the ERC reactor with a proprietary electrode catalyst structure. The initial results from the new catalyst were exemplary. While operating under similar conditions, the ERC reactor reached a current efficiency of 89.66% with the new cathode structure compared to the 46.24% efficiency achieved with the tin granular catalyst. In the coming weeks and months we will be working to achieve even greater efficiency levels and to