|By Marketwired .||
|September 12, 2013 03:13 PM EDT||
BURNABY, BRITISH COLUMBIA -- (Marketwired) -- 09/12/13 -- Larry Kristof, the President and CEO of Mantra Venture Group Ltd. (OTCQB:MVTG)(BERLIN:5MV), gave a compelling interview today with The Wall Street Analyzer. Mr. Kristof discussed Mantra's recent exciting developments, including the announcement of a new large partner, the engagement of a world-class electrochemical engineering company, and the development of an internal laboratory and research team.
Mr. Kristof elaborated on the recent surge in the carbon utilization industry, commenting on how Mantra's early entrance into the field gives it a significant edge, especially regarding intellectual property. Although Mantra is under the radar, he says, it is in an excellent position to capitalize on the growing interest in and need for emissions solutions.
When asked why Mantra represents a good investment opportunity, Mr. Kristof said, "We've got the management team, we've got the research and development team, our partners are world-class, we've got patented technology, and we're on the cutting edge of the CO2 problem."
The complete interview with Mantra's CEO can be accessed at:
For more information on Mantra, please visit www.mantraenergy.com.
ERC, or the "Electro-Reduction of Carbon Dioxide", is a form of "carbon capture and utilization" (CCU) that converts the pollutant carbon dioxide into useful, valuable products including formic acid and formate salts. By utilizing clean electricity, the process offers the potential for an industrial plant to reduce emissions while generating a salable product and a profit.
About Mantra Energy Alternatives
Mantra Energy Alternatives Ltd., a wholly owned subsidiary of Mantra Venture Group Ltd., aims to become a world leader in the production of high-value, carbon-negative chemicals and fuels. Mantra is currently developing the ERC process, which will initially produce formic acid and formate salts from carbon dioxide, and will eventually be capable of generating a wide variety of products. The company seeks to simultaneously reduce anthropogenic carbon emissions, which total over 30 billion tonnes each year from fuel combustion alone, and generate value.
Mantra Venture Group is a public company quoted on the OTC QB under the symbol MVTG and on the Berlin Stock Exchange under the symbol 5MV.
Follow Mantra on Twitter: http://www.twitter.com/mantraenergy
For more information go to: http://www.mantraventuregroup.com
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 forward-looking statements.