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

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. 24, 2009 (PR Newswire) — SEATTLE, Sept. 24 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce the September 21, 2009 appointment of Mr. Shawn Kim and Mr. John Russell to the board of directors. Mr. Kim and Mr. Russell have extensive experience in finance and technical evaluation (respectively), and will provide invaluable guidance in ensuring the continued success of the company.

Larry Kristof, President and C.E.O. of Mantra, comments: “It is with great excitement that we welcome Mr. Kim and Mr. Russell to the board. Both are well respected within our industry and have shown strong leadership skills – making them well suited to lead Mantra.” Kristof added: “In the coming months we will be adding even further leadership to the board, including independent directors that are well recognized for their expertise in the green tech sector. The new board will

Sep. 9, 2009 (PR Newswire) — SEATTLE, WA, Sept. 9 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce that it signed a worldwide exclusive licensing agreement for a Mixed Reactant Fuel Cell (MRFC) technology on September 2nd, 2009. Unlike typical fuel cells that require a Proton Exchange Membrane (PEM) to separate the fuel from the oxidant within the cell, MRFC is based on an innovative technology that mixes the fuel with the oxidant and eliminates the need for the expensive yet fragile membrane. As a result, Mantra anticipates a simplified and much more cost effective manufacturing process upon commercialization.

MRFC was designed by Professor Emeritus Colin Oloman in the Clean Energy Research Center (CERC) at the University of British Columbia, Canada. Under the direction of Prof. Oloman, Mantra’s technical staff is currently undertaking feasibility studies on the MRFC technology – using formate

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

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

During the Sustainability 2008 Conference hosted in Vancouver, British Columbia, Mantra Venture Group’s VP of Technology Evaluation John Russell participated in an interview to discuss the company’s ERC (electro-reduction of carbon dioxide) Technology. To hear the interview while watching a demonstration of the technology, please click on the following link: http://www.youtube.com/watch?v=-rLzHRmZ0NA.

Carbon dioxide is the main contributor to climate change and accounts for about two thirds of greenhouse gases produced by human activities. Currently, one quarter of the world’s carbon dioxide emissions are released from the burning of fossil fuels in stationary coal-fired power plants. Since large scale applications have not yet been able to make the shift to renewable energy, fossil fuels remain the most cost effective option energy source available.

Scientists and innovators are now looking at methods to manage the CO2 released so that it doesn’t enter our atmosphere. These methods