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

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