|
|
Article: Mantra Signs Memorandum of Understanding with Korean Heavyweight to Develop First Commercial Scale Electro-reduction of Carbon Dioxide Reactor.
- Article from:
- PR Newswire
- Article date:
- March 31, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SEATTLE, WA, March 31 /PRNewswire-FirstCall/ -- Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has just signed a Memorandum of Understanding (MOU) with Bluebird Co. Ltd. (Bluebird), an environmental engineering company based out of Seoul, Korea. Under the terms of the MOU, Bluebird will become an integral partner in the development, deployment and eventual commercialization of Mantra's Electro-reduction of Carbon Dioxide Technology in various territories within Asia.
As outlined in the MOU, the partnership will progress through three transitional phases. Under Phase 1, Mantra will deliver a 1kg-per day ERC ...