Aug 18, 2009 (M2 PRESSWIRE via COMTEX) -- MVTG | Quote | Chart | News | PowerRating -- Mantra Venture Group (OTCBB: MVTG | Quote | Chart | News | PowerRating) $0.29. Announced Monday after market close that it has been invited by the BC Ministry of Economic Development to participate in The Environment Energy Tech Trade Show (ENTECH 2009) to be held in Busan, Korea from September 16th-19th, 2009.
ENTECH is Korea's largest trade show focused on energy and environment, with over 500 booths and 34,000 visitors anticipated for this year's event.

What They Do:

Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.

Mantra's recent developments have resulted in many governments and leading industrial companies taking an interest in ERC.

Mantra is currently in discussions regarding various grants and other support initiatives offered by international governments, as well as possible pilot projects with large industrial companies.

Mantra To Feature CO2 Recycling Technology at Environment and Energy Tech Trade Show (ENTECH 2009) in Busan, Korea.
Monday 08/17/2009 4:10 PM ET - Pr Newswire
Related Companies
Symbol Last %Chg
MVTG 0.29 -3.33%
As of 12:58 PM ET 8/17/09
Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has been invited by the BC Ministry of Economic Development to participate in The Environment Energy Tech Trade Show (ENTECH 2009) to be held in Busan, Korea from September 16th-19th, 2009. ENTECH is Korea's largest trade show focused on energy and environment, with over 500 booths and 34,000 visitors anticipated for this year's event.
Over the course of the event, Mantra and seven other companies from British Columbia, Canada, will have kiosks in the BC Pavilion section of the Busan Exhibition and Convention Center (BEXCO). Mantra will also be participating in the BC Networking Seminar, where companies deliver 7-10 minute presentations to 50 pre-selected Korean Companies and business-matching opportunities organized by BC's representative office in Korea.
Larry Kristof, President and CEO of Mantra, comments: "We are very much looking forward to participating in ENTECH 2009, and would like to thank the BC Ministry of Economic Development for the great opportunity. Shawn Kim, our VP of International Business Development, has been aggressively locating opportunities and expanding Mantra's corporate awareness in Korea since joining our team in June, and we expect this trade show to be very beneficial in furthering these efforts. Korea plans to invest 3 trillion won ($2.7 Billion CDN) under President Lee Myung-bak's "low carbon, green growth" regime, and this trade show will certainly serve as a gateway to several partnership opportunities in support of this initiative."
Mr. Kim will be in Korea from August 16th to 31st to meet with potential clients and partners prior to the trade show, and again from September 12th to 20th for ENTECH 2009. To schedule a meeting with Mr. Kim during either of these times, please contact Kelly, Toll Free: 877-609-2898.
Stay up to date with Mantra on Twitter: twitter.com/mantraenergy
About Environment Energy Tech (ENTECH) Tradeshow 2009
ENTECH is Korea's largest tradeshow focused on energy and environment. Endorsed by the Korean Ministry of Knowledge Economy and Ministry of Environment, this four-day event focuses on environment (air, water, waste treatment, air pollution), energy (renewable energy, power generation and electricity, energy efficiency, home/industrial energy, transportation energy) and climate (carbon abatement technologies) sectors. To learn more, visit the ENTECH 2009 website: http://entechkorea.net/eng/mn01/mn01_01.php
About ERC
The ERC process, "the "Electrochemical Reduction of Carbon Dioxide", combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels.
While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, 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 (forms of renewable energy).
About Mantra:
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Mantra's recent developments have resulted in many governments and leading industrial companies taking an interest in ERC. Mantra is currently in discussions regarding various grants and other support initiatives offered by international governments, as well as possible pilot projects with large industrial companies.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 5MV.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Investor Relations
Terry Johnston
604-267-3022
tjohnston@mantraenergy.com
www.mantraenergy.com

SOURCE Mantra Venture Group Ltd.
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Mantra To Feature CO2 Recycling Technology at Environment and Energy Tech Trade Show (ENTECH 2009) in Busan, Korea.
Monday 08/17/2009 4:10 PM ET - Pr Newswire
Mantra Discovers a New Cathode Catalyst Structure that Increases Current Efficiency for CO2 Recycling Technology.
Tuesday 07/28/2009 9:30 AM ET - Pr Newswire
Mantra Retains BTL Media Corp. to implement Global Public Relations Program
Tuesday 07/21/2009 9:15 AM ET - Pr Newswire

SEATTLE, WA, Aug. 17 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has been invited by the BC Ministry of Economic Development to participate in The Environment Energy Tech Trade Show (ENTECH 2009) to be held in Busan, Korea from September 16th-19th, 2009. ENTECH is Korea's largest trade show focused on energy and environment, with over 500 booths and 34,000 visitors anticipated for this year's event.

Over the course of the event, Mantra and seven other companies from British Columbia, Canada, will have kiosks in the BC Pavilion section of the Busan Exhibition and Convention Center (BEXCO). Mantra will also be participating in the BC Networking Seminar, where companies deliver 7-10 minute presentations to 50 pre-selected Korean Companies and business-matching opportunities organized by BC's representative office in Korea.

Larry Kristof, President and CEO of Mantra, comments: 'We are very much looking forward to participating in ENTECH 2009, and would like to thank the BC Ministry of Economic Development for the great opportunity. Shawn Kim, our VP of International Business Development, has been aggressively locating opportunities and expanding Mantra's corporate awareness in Korea since joining our team in June, and we expect this trade show to be very beneficial in furthering these efforts. Korea plans to invest 3 trillion won ($2.7 Billion CDN) under President Lee Myung-bak's 'low carbon, green growth' regime, and this trade show will certainly serve as a gateway to several partnership opportunities in support of this initiative.'

Mr. Kim will be in Korea from August 16th to 31st to meet with potential clients and partners prior to the trade show, and again from September 12th to 20th for ENTECH 2009. To schedule a meeting with Mr. Kim during either of these times, please contact Kelly, Toll Free: 877-609-2898.

Stay up to date with Mantra on Twitter: twitter.com/mantraenergy

About Environment Energy Tech (ENTECH) Tradeshow 2009

ENTECH is Korea's largest tradeshow focused on energy and environment. Endorsed by the Korean Ministry of Knowledge Economy and Ministry of Environment, this four-day event focuses on environment (air, water, waste treatment, air pollution), energy (renewable energy, power generation and electricity, energy efficiency, home/industrial energy, transportation energy) and climate (carbon abatement technologies) sectors. To learn more, visit the ENTECH 2009 website: http://entechkorea.net/eng/mn01/mn01_01.php

About ERC

The ERC process, 'the 'Electrochemical Reduction of Carbon Dioxide', combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels.

While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, 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 (forms of renewable energy).

About Mantra:

Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.

Mantra's recent developments have resulted in many governments and leading industrial companies taking an interest in ERC. Mantra is currently in discussions regarding various grants and other support initiatives offered by international governments, as well as possible pilot projects with large industrial companies.

Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 5MV.

Forward-Looking Statements:

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Investor Relations
Terry Johnston
604-267-3022
tjohnston@mantraenergy.com
www.mantraenergy.com
SOURCE Mantra Venture Group Ltd.



Kol Henrikson


Mantra Venture Group Ltd.
1205 - 207 West Hastings St
Vancouver BC V6B 1H7

Office: 604.609.2898
Fax: 604.609.2798
Website: www.mantraenergy.com
Email: khenrikson@mantraenergy.com

Thanks Goforthebet,

Sorry it took so long to reply ... busy week starting.. We had great news today i will post that next.We are entering an exciting time for Mantra IMO..... talk to you soon


Greener

GM Goforthebet,

I am more then excited as the DOE is due and you cannot get Larry or Kol in the office. Good sign to me. Perhaps there is something in the way of new events, JVs or something. This week is going to kill my nerves.

-Greener

I think that is a real possibility.... It will be nice to know how the DOE and JV possibly multiple JV's turn out. People actually need to think Green for economic and physical survival. Mantra is right here with something great to offer, Right? Exciting times!!!

Formic Acid Full Report:


http://www.strategyr.com/Formic_Acid_Market_Report.asp

World Formic Acid Market to Reach 573 Thousand Tons by 2012, According to a New Report by Global Industry Analysts, Inc.

Encouraged by favorable consumption patterns in Europe and Asia, world market for formic acid is projected to reach 573 thousand tons by the year 2012. Over the years, formic acid has gradually replaced certain mineral acids in several industrial applications, mainly due to its strong acidic and reducing properties.

San Jose, CA (PRWEB) November 11, 2008 -- Formic acid is primarily used in preservation of animal feed and in tanning of leather in the leather industry. Strong growth is expected to stem from Europe and North America, given the rising substitution of antibiotics with formic acid in animal feed. This is largely due to the increasing use of formic acid as an antibacterial agent in animal feed in addition to its traditional use as a preservative.

As stated by the recent report published by Global Industry Analysts, Inc., world Formic Acid market is dominated by Europe and Asia-Pacific with a combined share of nearly 80% estimated in the year 2008. Asia-Pacific, the second largest formic acid market is expected to offer strongest growth opportunity with a CAGR of about 4.4% over the period 2011 to 2015.

Formic Acid: A Global Strategic Business Report
The restriction on usage of antibiotics within the European Union is driving the market for feed acid applications of formic acid. Consumption of formic acid in the European feed acid end-use market is expected to reach 40.4 thousand tons by 2012. Formic acid's usefulness in tackling pollution problems in the pulp and paper industry by providing an environment friendly bleaching solution for pulp is also expected to drive demand for the chemical in the future. In the Leather end-use market formic acid consumption is expected to rise by 19.3 thousand metric tons between the period 2008 to 2012.
Key players dominating the global Formic Acid market include BASF SE, Celanese Chemicals, Linyi ShengChuan Trading Co. Ltd, Feicheng Acid Chemicals Co. Ltd, Gujarat Narmada Valley Fertilizers, Kemira, Perstorp AB, SAMSUNG Fine Chemicals, and Shanxi Yuanping Chemical Industries Co, among others.

The report titled "Formic Acid: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of trends, overview of end-use markets, and recent industry activity. The report analyzes market data and analytics in volume sales for regions such as the United States, Canada, Japan, Europe, Asia-Pacific, (excluding Japan), Latin America, and Rest of World. The study also analyzes the Formic Acid market by the following end-use segments - leather, textiles, chemicals & pharmaceuticals, silage, feed acid applications, rubber, and other applications.

For more details about this research report, please visit http://www.strategyr.com/Formic_Acid_Market_Report.asp.

About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.StrategyR.com/

Special update on SmallCapVoice.com Stock to Watch Mantra Venture Group Ltd. (OTC BB: MVTG)
Source: http://smallcapvoice.com/blog/special-update-on-smallcapvoice-com-stock-to-watch-mantra-venture-group-ltd-otc-bb-mvtg/
Posted on Monday, August 10th, 2009 | In Market Commentary, Small & Micro Cap
Contributed by: Stuart Smith (http://www.smallcapvoice.com) -




MVTG has been a SmallCapVoice.com top performer over the last 30 days closing up over 19% on steadily increasing trading volume.
The market seems to be very interested in the emerging sustainable energy sector. Solid performances and progress like that being reported by MVTG is being met with a favorable response on Wall Street.
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Top 10 Reasons To Keep an Eye on Mantra Venture Group
Diversified technologies within Green Environment – currently CO2 reduction (ERC) and water treatment/purification
Technologies applicable to multiple industries: steel plants (steel pickling), coal plants, mining, fuel cell development, carbon credits and more
Intellectual property: Worldwide patent pending
Well-aligned with 43 Government Funding/Grant Programs
Company is new, but awareness expanding at alarming rate: considerable opportunity for growth over short term
First working ERC prototype now built, first commercial-scale prototype scheduled to launch in early 2010
By-products of ERC are Highly Profitable
Experienced Management, relentless dedication to safeguard environment and see technologies through to adoption
Global Partnerships currently under evaluation
Tightly-Held Share Structure
Top 7 Reasons Why Green Technologies Will Thrive in the Future
Climate change and environmental sustainability are at the political forefront
Current green technologies are largely inadequate in meeting global demand
Environmental technologies are the number one investment of choice today- a trend that won’t fade anytime soon
Governmental programs are providing new Green Tech companies with financial assistance required to carry technologies through to adoption
As technologies improve, prices are predicted to drop- increasing viability and profitability
Emergence of Carbon Credit industry offers added incentive for Corporations to go green
GOING GREEN IS THE RIGHT THING TO DO!
A complete SmallCapVoice.com investor fact sheet on MVTG is available at: http://www.smallcapvoice.com/mvtg/factsheet.html
To get small cap and OTC stock quotes, company news, and much more please visit www.smallcapvoice.com. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Hot Stocks To Watch
----------------------------

Company: Mantra Venture Group Ltd. (OTCBB: MVTG)

End of day:
Price: 0.25
Change (%): - 0.01 (3.85)
Volume: 22,990


http://stockreads.com/Stock-Newsletter.aspx?id=13558

With such a small float it should definitely impact the PPS. Soon we should hear the outcome of any DOE JVs ...... very exciting....... seems like a news week.

-Greener

Definitely, and i know of at least 38 others who think so ( Board marks ). If memory serves me the due dare is rapidly approaching for a JV to get the DOE form the N. Amr gov. Exciting.

Thanks Goforthebet,

Those are great goals for Korea. Perhaps the koreans will still run with this technology, but if they don't someone else is primed to have a terrific JV with Mantra. Like a world changing JV that will change carbon processing forever. IMHO

-Greener

Bid at .22 and ask is .26 Nice spread

Good job to those holding long.... News will come.

I can't wait

Mantra Discovers a New Cathode Catalyst Structure that Increases Current Efficiency for CO2 Recycling Technology.
By: PR Newswire
Jul. 28, 2009 09:31 AM



SEATTLE, July 28 /PRNewswire-FirstCall/ - Mantra is pleased to announce that it has observed an increase in current efficiency in its Electroreduction of Carbon Dioxide (ERC) technology through the use of a new proprietary electrode catalyst structure. This is just the first of a series of improvements expected by Mantra as they progress through a series of development trials.

John Russell, Mantra's Vice President, Technology Evaluation, comments: "As a part of our latest development initiative, we replaced the tin granular catalyst previously used in the ERC reactor with a proprietary electrode catalyst structure. The initial results from the new catalyst were exemplary. While operating under similar conditions, the ERC reactor reached a current efficiency of 89.66% with the new cathode structure compared to the 46.24% efficiency achieved with the tin granular catalyst. In the coming weeks and months we will be working to achieve even greater efficiency levels and to ensure long-term sustainability of the cathode materials."

Larry Kristof, President and CEO, added: "These initial results are very encouraging, and we are quite pleased with the advancements made by our partners at Kemetco Research to date. Such an increase in the unit's efficiency will lead to a considerable decrease in overall power consumption- drastically improving the technology's economic feasibility. This is a significant milestone for the technology, and we look forward to further progression of ERC as we continue this series of development trials."

Mantra will be posting regular updates on the aforementioned program as well as other development initiatives as the company moves closer to a fully optimized, commercial scale ERC design.

Stay up to date with Mantra on Twitter: twitter.com/mantraenergy

About ERC

The ERC process, "the "Electrochemical Reduction of Carbon Dioxide", combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels.

While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, 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 (forms of renewable energy).

About Mantra:

Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.

Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 5MV.

Forward-Looking Statements:

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Investor Relations

Terry Johnston
604-267-3022
tjohnston@mantraenergy.com
www.mantraenergy.com
SOURCE Mantra Venture Group Ltd.

Published Jul. 28, 2009
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.

Yea, if they keep selling and we keep accumulating there will be less of this retrace. Looking forward to that.......Strong hands people

I could get used to these .02 -.03 gains per day. The MMs are loosing their grip .....SRSR is the mouse that ate the cat.

Do you guys remember back when it took all day to make a .005 gain..... memories

I think you hit it on the head...... This is still very undervalued and having its come upins (if that is a word)

Stock Profiler.US: Stock Profiler.US: Stock Watch: SWVL, USFM, MVTG, ZLDV
Wed. July 22, 2009; Posted: 09:59 AM

Can you guys believe this was a full days volume a week ago and we are only midday!

PRESS RELEASE
Jul 21, 2009, 9:15 a.m. EST
Mantra Retains BTL Media Corp. to implement Global Public Relations Program

SEATTLE, July 21, 2009 /PRNewswire-FirstCall via COMTEX/ -- Mantra Venture Group Ltd. (MVTG 0.20, -0.04, -16.67%) (DE:5MV 0.12, -0.02, -16.67%) is pleased to announce that it has retained BTL Media Corp. (BTL) to expand upon the Company's current public relations program.

Larry Kristof, President and CEO of Mantra, commented: "As society continues to focus more and more on the inherent value of the green tech sector, we felt that this was an ideal time to create awareness of Mantra's innovative technologies on a global scale. Mantra diligently evaluated numerous firms to help launch this initiative, and BTL's established market presence and positive track record made it an ideal partner for the campaign."

"We are very pleased to take on Mantra as a client," noted Michael French, President of BTL. "We have had great success in generating awareness for Green Technologies as of late, and Mantra should be no exception."

About BTL Media

BTL Media is a media solutions provider offering a full suite of communication services. With a network that extends across North America and Europe, BTL Media is in a key position to keep investors informed. BTL Media organizes all aspects of investor communications and implements specific strategies to capture the desired demographic. These strategies include print, journals, internet, and one-on-one communication. The BTL team is diverse and focuses on structuring and strategizing to best service the company as a whole.


NEW! Stay up to date with Mantra on Twitter: twitter.com/mantraenergy

About Mantra Venture Group Ltd.




Mantra, through its group of sustainable energy, carbon recycling and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and, more importantly, socially and environmentally responsible investment for its shareholders.

Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol EDV 5MV.

Forward-Looking Statements:

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.


Investor Relations
Terry Johnston
604-267-3022
tjohnston@mantraenergy.com
www.mantraenergy.com
BTL Media Contact
702-940-9844




SOURCE Mantra Venture Group Ltd.

Copyright (C) 2009 PR Newswire. All rights reserved

Hydrogen Fuel from Formic Acid
A simple new process generates hydrogen for fuel cells.
By Prachi Patel
THURSDAY, MAY 15, 2008


New research shows that formic acid could be used as a safe, easy-to-transport source of hydrogen for fuel cells. Matthias Beller and his colleagues at the Leibniz Institute of Catalysis, in Rostock, Germany, have found a way to convert formic acid, a common preservative and antibacterial agent, into hydrogen gas at low temperatures.


Hydrogen on demand: A generating unit extracts hydrogen from formic acid and feeds it to a polymer electrolyte membrane fuel cell that runs a laptop.
Credit: Wiley-VCH
While hydrogen produced using this method might not find use in fuel-cell vehicles anytime soon, the researchers say that the process could produce sufficient quantities for micro fuel cells that power portable electronic devices, such as cell phones and laptops.

The challenge of producing, storing, and transporting hydrogen affordably has kept fuel cells from becoming popular. Instead of transporting hydrogen gas, it is more practical to have a hydrogen-containing material that can be broken down to generate the gas where it is needed. Currently, methane and methanol top the list of hydrogen sources for fuel-cell vehicles. They are typically broken down via steam reforming, which requires temperatures of more than 200 °C and a reforming unit.

Processes that work at cooler temperatures would not need a reformer or much energy, and therefore could be more suitable for producing hydrogen for smaller fuel cells that power portable electronic devices. The new process, which Beller and his colleagues outline in Angewandte Chemie, works at temperatures of 26 to 40 °C. The researchers mix formic acid with amines and expose the mixture to a ruthenium-based catalyst, which breaks down the acid into hydrogen and carbon dioxide.

"The advantage of formic acid is [that] it's a liquid . . . and is relatively easily handled," Beller says. While the pure acid is corrosive, the mixture of the acid with amines is benign, he says.

Story continues below

Formic acid can also be used directly in a fuel cell. That might be easier because it saves the extra step of first converting it into hydrogen. Tekion, based in Burnaby, Canada, is working with Germany-based chemical giant BASF, the largest producer of formic acid, to commercialize a fuel cell that uses formic acid directly. Tekion, which does not have a product on the market yet, claims that its formic-acid fuel cells are smaller and less complex than direct methanol fuel cells. But direct formic-acid fuel cells have the same drawback that makes methanol fuel cells expensive: both technologies are less efficient than hydrogen fuel cells.

Beller points out that using formic acid to make hydrogen also has drawbacks. Compared with methane and methanol, formic acid has much less hydrogen. If you use all the hydrogen in a kilogram of methanol, you get 4.19 kilowatt-hours of energy, while the hydrogen in a kilogram of formic acid gives 1.45 kilowatt-hours.That could make formic acid a more expensive hydrogen source than methane or methanol. At the same time, the process takes less energy than steam reforming, and with better catalysts, the researchers could make costs more favorable, Beller says.

Formic acid could have a shot at reaching the portable electronics fuel-cell market, suggests Richard Farmer, who leads the hydrogen production and delivery team at the Department of Energy's Energy Efficiency and Renewable Energy Laboratory.

To make large quantities of hydrogen for fuel-cell vehicles, however, the process would have to compare with the current benchmark: steam-methane reforming. With a small steam-reformer unit at a fueling station, Farmer says, "we've hit our near-term target of three dollars per kilogram [of hydrogen], untaxed but delivered."

Beller and his colleagues may have a long way to go to produce sufficient amounts of cheap hydrogen for vehicles, but they are already discussing their technology with two German automotive companies. They are also working with some engineers to build a small prototype model car that uses the technology and that should be ready in two months. But in the short term, Beller says, the researchers consider formic acid a fuel source for portable electronics. "We don't aim currently for large use in cars--this does not make sense."

Transport hydrogen with formic acid:

The use of formic acid as a hydrogen-storage material has become more feasible thanks to the development of a homogeneous catalytic system of ruthenium water-soluble complexes (Ru/TPPTS; TPPTS=meta-trisulfonated triphenylphosphine) that selectively decomposes HCOOH into H2 and CO2. Continuous generation of H2 of very high purity, over a wide range of pressures, and under mild conditions was achieved.

http://www3.interscience.wiley.com/journal/117953245/abstract?CRETRY=1&SRETRY=0

http://www3.interscience.wiley.com/journal/117953245/ncontent

I agree 100% ...if I had some dry powder available, I would try to get more at .20

I get the feeling they have more then a handful of reputable and totally viable parters to choose from..... I also feel like there could be room for multiple partnerships., from concrete to Steel mills to hydrogen transport. I will look up more on that last one... cause it is up and coming and huge and Mantra is well aware of it.

July 15th was the proposed deadline for finding a partner.... perhaps there is an update in the pipes, the drop dead date is Aug 7,2009 for the DOE grant. Exciting to say the least.

That would be very welcome. I am pretty sure they are putting focus on some top notch PR/Advertising.... this story has to get out and when it does there will be a lot of excitement...IMo

Op-ed Series - Rowan Oloman: Carbon Recycling - An alternative to carbon capture and storage

Mantra mentioned in this article
Heres the link:


http://www.examiner.com/examiner/x-4230-DC-Green-Business-Examiner~y2009m7d16-Oped-Series--Rowan-Oloman-Carbon-Recycling--An-alternative-to-carbon-capture-and-storage

What a finish for the weekend. I went for a jog... came back to look at what was happening and couldn't be happier. have a great weekend!!!!

I'm going to find something to do for 2.5 hrs then check it out....it will be like a surprise at the end of the day.

At this rate we should be back to the open of .117 by 2:00p.m. and have the rest of the gains till 4:00p.m. for desert this weekend.,

I mean 2

Me 3

Lock and Load right. M&Ms need some ammo to manipulate

oh yeah,

That makes sence. 128 shares for a dollar will translate to high volume for sure, Thanks

Still ...... we're at 8.5 mil in volume now soon to be 9. There is an influx and an outgoing stream of activity here. I cant type fast enough we're past 10 mil in volume and only down .0006 Incredible!

With that much volume and the price is only down .0005

Is that an indicator of anything at all? Strength, or insider activity?

This is some fantastic volume we are experiencing,,,,, +5,060,000

Any ideas?

Refer your friends before this explodes:
http://www.mantraenergy.com/uncategorized/investor-relations.html