MICROMEM TECHNOLOGIES INC announced that it will receive $2,000,000 in funding on January 18, 2019. The company will issue convertible preferred shares, convertible debt, and option, warrant or other right to acquire another security in the transaction. The company will issue securities pursuant to exemption provided under Regulation D. The minimum investment accepted from any outside investor is $1,000. The company intends to continue the transaction for more than one year.