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Re: MarketCap post# 3399

Saturday, 06/17/2017 1:40:15 PM

Saturday, June 17, 2017 1:40:15 PM

Post# of 3782
$MVTG its rare that retail stockholders try to move the political process along to get environmental technology deployment trials funding faster and moved along at the top of the government. Even more rare when they respond!!! $MVTG has dozens of small Canadian Government grants fund their UBC joint R&D efforts, all they need now is a $2 mil dollar pilot plant grant.

From the $MVTG board today:

Posted by: drugmanrx
In reply to: None Date:6/16/2017 5:52:56 PM
Post #64814 of 64839

Prime Minister/Premier Ministre <PM@pm.gc.ca>

11:08 AM (6 hours ago)

to me, Catherine
Dear Mr. XXXXXXXX:

On behalf of the Right Honourable Justin Trudeau, Prime Minister of Canada, I would like to acknowledge receipt of your correspondence.

Please be assured that your comments have been carefully reviewed. In your correspondence, you raise an issue that falls within the portfolio of the Honourable Catherine McKenna, Minister of Environment and Climate Change. I have therefore taken the liberty of forwarding your email to Minister McKenna for her information and consideration.

Thank you for taking the time to write.

J.P. Vachon
Manager/Gestionnaire
Executive Correspondence Services
for the Prime Minister's Office
Services de la correspondance
de la haute direction
pour le Cabinet du Premier ministre

>>> From: XXXXXXXXXXXXXX Received : 15 Jun 2017 12:29:16 PM >>>

>>> Subject : Canada taking a back seat while the techology that can save us from Climate Change sits on a lab bench >>>>

Mantra Energy Alternatives Ltd. 'technology has been sitting on a lab bench since 2014 waiting for funding from the Canadian government, to move the technology from the lab to commercialization. At one time (2014), Canada was inline to be the first country to build a pilot plant to convert CO2 to saleable chemicals at the Lafarge Cement Plant in Richmond BC.

Today, do to non action by the Canadian government, economic and environmental advantages are being lost by Canadians to other countries.

From Zurich 'This Machine Just Started Sucking CO2 Our Of The Air To Save Us From Climate Change' https://www.fastcompany.com/40421871/this-machine-just-started-sucking-co2-out-of-the-air-to-save-us-from-climate-change

'Mantra's ERC technology employs an electrochemical reactor to convert carbon dioxide, the most notorious greenhouse gas, into valuable products. By doing so, large stationary emitters, such as cement or power plants, can profitably reduce CO2 emissions by generating a valuable, salable chemical. Chemicals that can be produced from CO2 using ERC include formic acid and its salts, carbon monoxide (used to make syn-gas which in turned is used to make diesel fuel)'

Mantra Energy' technology is market ready.Per MVTG 10Q

Converting C02 to 'formate salts have been obtained on tin cathodes with current efficiencies above 80%, at industrially relevant conditions. Current efficiencies exceeding 80% have also been obtained on proprietary silver cathodes for carbon monoxide, the key constituent of syngas.'

Potential economic opportunities from CO2 converted products being missed by Canadian citizens, per MVTG 10Q.

Synthetic gas :'the ERC process to syngas suffers from very few market limitations. The market for synthetic gas is currently estimated at around $36 billion, and growing. Due to the large number of products which can be produced from syngas, including gasoline, diesel, jet fuel or methanol, we anticipate the demand for an environmentally-conscious pathway to these chemicals will grow rapidly into the future'.

Formates:'These products have existing markets as commodity chemicals and sell for between $1,000 and $1,500 per tonne, with global consumption being in excess of 600,000 tonnes per year. Formic acid and its salts are used in a variety of industrial applications, including silage preservation, leather tanning, textiles production, oil well drilling, and de-icing, and show enormous potential for market expansion through their use in chemical energy storage'

As more efficient cathodes are being developed for other saleable chemicals (example methanol), economic rewards to Canadians will only increase.

Environmentally, by MEA technology remaining in the lab, Canadian businesses that produce wasteful CO2 are missing the opportunity to neutralizing their Carbon imprint..

So Canada I leave you with this question.

Is it worth a 3 to 5 million investment to bring in 10's of billions of dollars of economic wealth to Canada, while at the same time making Canadian companies carbon neutral?

Canada is a leader not a follower.

Canadians have already lost 3 years let's not lose anymore.

Regards

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