Nov. 13, 2009 (PR Newswire) — SEATTLE, Nov. 13 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV), developer of the revolutionary carbon recycling ERC technology, was featured in the Fourth Quarter 2009 edition of District Energy Magazine (District Energy). The article, entitled “Carbon Recycling: An alternative to carbon capture and storage,” takes a closer look at the current economic, regulatory and legal challenges facing carbon capture and storage (CCS), and offers some insight as to the potential advantages of carbon recycling over CCS.

Rowan Oloman, author of the article and freelance writer of Vancouver, B.C., notes: “Several massive hurdles still stand in the way of full-scale CCS deployment. U.K. consulting firm McKinsey figures that adding CCS to the next generation of European power plants could lift their price by up to $1.3 billion each.” While this cost barrier is a significant deterrent to widespread adoption of

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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

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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

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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

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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

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Sep. 15, 2009 (PR Newswire) — SEATTLE, Sept. 15 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has been selected to participate in the Metro Vancouver 2010 Partnership Investment Program – an initiative by Metro Vancouver Commerce (MVC) to bring together some of the world’s top business leaders during the 2010 Olympic games being held in Vancouver, British Columbia. MVC will be inviting a consortium of 50 companies from around the world for the event, including global leaders in environmental technologies, renewable energies, Ag-biotech/agri-food, green building products, financial and business services and more.

Larry Kristof, President and CEO of Mantra, comments: “We are very pleased to be one of the few companies selected by MVC to partner in the Metro Vancouver 2010 Partnership Investment Program. The 2010 Winter Olympics will be a once in a lifetime opportunity for emerging companies

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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

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SEATTLE, July 8 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (OTCBB: MVTG – FSE: 5MV) – On June 8th, 2009, the US Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) announced a $2.4 Billion funding opportunity for a range of industrial carbon capture and energy efficiency improvement projects. Of this offering, approximately $100 Million has been allocated for innovative concepts for beneficial CO2 reuse, including: CO2 mineralization to carbonates through conversion of CO2 in flue gas; use of CO2 from power plants or industrial applications to grow algae/biomass, and conversion of CO2 to fuels and chemicals. Mantra’s Electroreduction of Carbon Dioxide Technology (ERC) is well suited for the conversion of CO2 to fuels and chemicals component of the initiative through its conversion of CO2 into high value materials, including: formic acid, formate salts, oxalic acid and methanol. Mantra is now evaluating partnership opportunities with U.S.-based industry plants to

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Mantra Venture Group Ltd. is pleased to provide an update on the progress of its ERC (Electro Reduction of Carbon Dioxide) technology at its laboratory. The following tasks have been completed to date:

Mantra Venture Group Ltd. is pleased to provide an update on the progress of its ERC (Electro Reduction of Carbon Dioxide) technology at its laboratory. The following tasks have been completed to date: