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

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. 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