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

Mantra Venture Group Ltd. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Mantra Venture Group Ltd. is focused on becoming a world leader in the development of commercially viable, sustainable technologies by minimizing the impact of human activity on our climate, environment and health. The company aims to bridge the gap between innovation and investment by identifying and incubating clean tech innovations and renewable energy solutions.

Mantra is dedicated to developing and commercializing technologies that support a greener economy, with a key focus on meeting the needs of the present without compromising the future. The company is currently focused on two core

Mantra Venture Group Ltd. is a diversified Green Tech company focused on becoming a world leader in the development of commercially viable sustainable technologies by minimizing the impact of human activity of our climate, environment and health. The company aims to bridge the gap between innovation and investment by identifying and incubating clean tech innovations and renewable energy solutions.

Mantra has acquired the intellectual property for a process developed at the University of British Columbia that converts carbon dioxide into useful, profitable products. This process, named ERC, uses carbon dioxide, electricity and water to produce fuels and chemicals such as formic acid, formates and oxygen. The technology could be applied in a closed-loop fuel cell cycle, converting carbon dioxide into a fuel that is then used in a fuel cell to generate energy.

The company has also signed an exclusive Option Agreement to acquire the license of the Biometals Recovery System (BRS),

Mantra Venture Group Ltd. is a diversified Green Tech company focused on becoming a world-leader in the development of commercially viable sustainable technologies by minimizing the impact of human activity of our climate, environment and health. The company aims to bridge the gap between innovation and investment by identifying and incubating clean tech innovations and renewable energy solutions.

Mantra retains 100% outright ownership of a chemical processing technology developed by the University of British Columbia’s Clean Energy Research Center, entitled the Electroreduction of Carbon Dioxide (ERC). Powered by electricity, this technology combines captured carbon dioxide with water to create high value materials that are conventionally obtained from the thermochemical processing of fossil fuels.

In October of last year, the company completed its first ERC prototype, capable of processing 1 Kg of CO2 per day. Mantra’s first commercial scale reactor is anticipated to reach completion by Q2 2010, and will be capable of