Mantra Venture Group (MVTG.OB)

Posted: Wed Aug 13, 2008 11:42 am

Mantra Venture Group, through their sustainable energy, carbon reduction, and consumer product subsidiaries, conducts their business in the green technology marketplace. They trade on the OTCBB with corporate headquarters in Seattle, Washington, and Vancouver, British Columbia. They facilitate investment in sustainable, commercially viable technologies. The company works to connect investors with innovative technologies that offer opportunities to meet today’s global environmental challenges.

With a primarily financial role, Mantra Venture Group's focus is to provide investors with an opportunity to invest in renewable, sustainable, green, and low carbon impact technologies. They also focus on providing their subsidiary companies with corporate oversight and guidance, as well as fulfill their responsibility to engage the community through education.

The company has the intellectual property (patent application) for an alternative to carbon capture and storage. This is for the CO2 Converter, a process that converts carbon dioxide into a fuel. Mantra also has an exclusive option to Signal Smoothing. This technology can convert power from variable sources such as wind and solar into grid standard. Mantra also continues to investigate opportunities in cellulosic ethanol, biogas from biomass, and clean coal technology.

Examples of technologies and projects that the company is currently developing and investigating through their subsidiaries are CO2 capture, sequestration, and underground injection. They are also working on evaluations of the marketplace for carbon reduction vendors. In addition, the company is looking for opportunities to increase power efficiencies as well as opportunities in wind, ocean, and geothermal power. The company is involving themselves in, or investigating opportunities in, biomass gasification, fuel cell technology commercialization, clean coal technologies, and residential/commercial/industrial energy efficiency as well as low carbon transportation alternatives.

In mid-July, Mantra Venture Group Ltd. announced that they have established Mantra NextGen Power Inc. (NextGen). NextGen's focus is to develop renewable fuels and the solar electricity for specialty applications. Mantra is conducting due diligence on selected patented processes for the production of ethanol from non-food cellulosic feedstocks. NextGen is currently in negotiations with a company that has developed a technology for the production of ethanol from wood or agricultural wastes. This new ethanol production method will convert agricultural and forestry waste into a clean-burning ethanol fuel. NextGen is also conducting due diligence on several solar photovoltaic (electrical) applications.

Yesterday, the company provided an update on the progress of their ERC (Electro Reduction of Carbon Dioxide) technology at their laboratory. So far, the preliminary process flow diagram has received review and updating and material compatible for the project has undergone review. In addition, they have selected and ordered major components and they have received electrochemical cells from the University of British Columbia. These cells are undergoing refurbishing for the project. Additionally, Mantra has completed a one-year research and development schedule, and assembly of their test rig is currently happening.

The ERC process takes carbon dioxide and water, combined with electricity, to produce fuels and chemicals such as formic acid, formates, and oxygen. Larry Kristof, Mantra's C.E.O., commented, "The ERC test station is scheduled to be assembled by September 19, 2008 and online by September 30, 2008. Mantra is very excited to push this technology through to the marketplace. Implementation of this technology will have a significant impact on our current climate change crisis."

Joined: 08 May 2009 Posts: 6

The technologies are far to promising to not pay attention to. underpriced and will move.

Joined: 08 May 2009 Posts: 6

Mantra's ERC technology combines captured CO2with water to produce high value materials, such as formic acid, formate salts and methanol. In addition, ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy.

Carbon Sequestration, the process of capturing CO2and permanently storing it in subsurface aquifers, reservoirs and ocean water, is the only known alternative to ERC currently under development in this market. However, sequestration is not currently cost effective, and the process also faces severe legal, regulatory and stewardship challenges- leaving a giant window of opportunity for Mantra.

The applications for ERC technology are ever-expanding, and the opportunity is immense. The international market for carbon dioxide management is in the Billions of dollars USD, and carbon emission credits are being traded for as much as $40 USD per ton of CO2.

Furthermore, the current market for formic acid, one of ERC's key by-products, is 600,000 tp/year. At an average price of $1,200 per ton, the formic acid market is attractive to say the least. This market may be due for even further expansion, as recent studies show formic acid can act as an environmentally-friendly replacement for hydrochloric acid. Once confirmed, formic acid could expand into multiple industries, including fuel cells and steel pickling â€“ an industry that uses 5MT of HCL/year.

Mantra's first functional ERC prototype is now complete, and the company is receiving international recognition from Government Organizations and International Corporations as they discover the potential that lies within ERC. Mantra is currently investigating co-partnership opportunities with several of these groups- each with the common goal of building the company's first commercial-scale prototype (expected to be launched in early 2010).

Mantra's ERC technology is worldwide patent pending under patent number: W02007/041872 "Continuous co-current electrochemical reduction of carbon dioxide."

Posted: Tue May 12, 2009 7:48 am

Mantra Venture Group (MVTG.OB) is Bridging the Gap for Sustainable, Green Technologies

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), a mine wastewater technology that recovers and upgrades valuable metals with maximum energy recovery. In addition to treating acid mine drainage, a secondary market for BRS technology is Heap Leaching Metal Recovery which is currently responsible for 20% of worldwide copper production, representing an approximate market value of $12 Billion USD.

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’s corporate mission is to provide businesses and individuals with the resources needed to achieve significant, sustainable reductions in their ecological footprint.

Posted: Wed May 13, 2009 2:02 pm

Mantra Venture Group Ltd. (MVTG.OB) Video Interview Provides Overview of ERC Technology

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 currently include capturing the gas and injecting it underground for storage in a process called carbon sequestration. However, a full carbon capture and storage system for large-scale power plants is not a cost effective option.

Mantra Venture Group’s ERC process offers a revolutionary alternative to carbon sequestration with many potential advantages. Instead of addressing carbon dioxide as the problem, ERC harnesses the gas’s chemical properties as part of the solution. Capitalizing on the abundance of carbon dioxide being released from fossil fuel combustion, ERC converts CO2 to useful, financially profitable products.

Joined: 08 May 2009 Posts: 6

mantra receives federal government grant money to further develop the ERC Razz

Posted: Thu May 14, 2009 1:05 pm

Mantra Venture Group Ltd. (MVTG.OB) to Receive Canadian Federal Funding

Mantra Venture Group Ltd. announced yesterday after the closing bell that it has entered into a Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) with the purpose of advancing its Electro-Reduction Technology (ERC) towards commercialization. In addition to business and technical advisory and development support, this agreement will provide research and development funding of up to $75,000.

In the press release, the company stated, “The objective of this project, entitled ‘Electroreduction of Carbon Dioxide Development Program,’ is to establish the technical basis for electro-reduction of carbon dioxide to formate using Mantra’s ERC technology. The focus will be on increasing the cathode life, reducing formate cross-over to retrieve formate from the catholyte solution, and optimizing the reactor with respect to its use in processes for the electro-synthesis of formate/formic acid.”

Larry Kristof, President and CEO of Mantra, commented, “We are very encouraged by the continued support from both private and public organizations such as NRC-IRAP, especially given the economic challenges currently faced by many development-stage companies today. It is with great pleasure that we accept the opportunity to collaborate with NRC-IRAP on this project, and we look forward to both the advisory support as well as the financial assistance offered through the program.”

Norman Chow, President of Kemetco Research, a technology development and scientific research company that has partnered with Mantra to launch and operate the ERC Development Program, stated, “The completion of Mantra’s ERC technology will potentially revolutionize the Carbon Capture and Sequestration marketplace. As such, we hope to make significant technical advancements through the NRC-IRAP program, ultimately resulting in the widespread commercialization of ERC.”

Posted: Wed May 20, 2009 12:06 pm

Mantra Venture Group Ltd. (MVTG.OB) Recognizes the Significant Market for the Biometals Recovery System

Mantra Venture Group Ltd., through its group of sustainable energy, carbon reduction, and consumer product subsidiaries, is active in the green technology marketplace. By aggressively seeking out new technologies and innovative solutions for a cleaner Earth, the company has a multi-faceted approach focused on profitability through sustainability.

Mantra Venture recently signed an exclusive option agreement to acquire the license of the biometals recovery system (BRS) – a biological-based water treatment system that selectively recovers and upgrades valuable metals with maximum energy recovery. A major market for this technology is acid mine drainage.

Acid mine drainage, the outflow of acidic water from abandoned metal or coal mines, is a major problem in the US. Acid mine drainage is responsible for the contamination of 40% of western waterways. In addition to the treatment of acid mine drainage, a secondary market for Mantra’s BRS technology is heap leaching metal recovery. Heap leaching is currently responsible for 20% of worldwide copper production.

The implementation of the Mantra’s BRS technology will focus on the development of selected large-scale projects in collaboration with key industry partners. In addition, the company anticipates licensing the BRS technology to resource companies for their own applications for projects that do not fit within Mantra’s discretionary project criteria.

Mantra’s BRS technology relies on a much more efficient biological reaction than competitive products already in the marketplace, and is expected to provide a major economic advantage over competing technologies in the acid mine drainage marketplace. Therefore, Mantra anticipates rapidly overcoming market penetration rates achieved by its competitors.