Released on: June 19, 2008, 10:02 am

Press Release Author: InvestorIdeas.com

Industry: Environment

Press Release Summary: Carbon Capture Technology Recently Funded by Mantra Moves to
Next Stage of Development

Press Release Body: POINT ROBERTS, WA and DELTA, BC -June 19, 2008
www.RenewableEnergyStocks.com, a leading investor news and research portal for the
renewable energy sector within Investorideas.com, presents featured showcase Mantra
Venture Group Ltd. (OTCBB: MVTG and FSE: 5MV), a public company that invests in and
licenses a growing portfolio of green technologies. The company has licensed two key
technologies developed at well-respected University research departments.
The current portfolio of green technologies includes ERC (explained below), and
"signal smoothing" which increases power efficiencies derived from wind, ocean &
geothermal power. Mantra is interested in many other sustainable technologies and is
investigating or negotiating some of these. An example is cellulosic ethanol:
ethanol produced from wood and agricultural wastes (described below).
Mantra acquired the intellectual property for a process developed at the UBC Clean
Energy Research Center (CERC) by Professor Colin Oloman (co-inventor with Dr. Hui
Li) that converts carbon dioxide (CO2) into useful products. The process, ERC
(electro-reduction of carbon dioxide), takes carbon dioxide and water, combined with
electricity, to produce commodity chemicals which can also be used as fuel to power
a specially designed fuel cell. Together, ERC and the fuel cell are a clean
renewable source of power in which the CO2 can be continuously recycled. It
functions like CCS (carbon capture and storage, or sequestration) by taking up
human-generated CO2 and ensuring it does not add to the atmospheric overload; it
therefore shares the CCS market which is projected at hundreds of billions of US
dollars in time.
The company recently announced new funding of $530,000 to fund the development of
the ERC technology, the next stage is optimization. The work will be conducted at
Mantra\'s new lab facility in Richmond, BC, and will focus on construction, testing,
and optimization of an advanced prototype.
"I was personally excited to see this technology funded and into the next phase of
development" commented Investoideas.com owner Dawn Van Zant. "I met Professor Colin
Oloman at the UBC Clean Energy Research Department in April 2007, on a tour I set up
for an investment group researching investment opportunities in BC in the green
space. Colin gave us an in-depth view of the benefits of ERC vs. Sequestration. He
is a well-respected source in the industry and has developed a promising technology
well ahead of the curve. "
Mantra has also acquired an exclusive option to a new technology, signal smoothing,
developed at the University of Toronto to control electrical power developed from
variable sources (e.g. wind farms, tidal, geothermal, etc.) It converts raw power
into "grid standard". Signal smoothing is a substantial improvement on the existing
equipment and has a large potential market.
About Mantra Venture Group Ltd. (OTCBB: MVTG-FSE: EDV 5MV): 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.
For a list of company projects: http://www.mantraenergy.com/projects/index.php
More info can be found on the Investorideas.com at the company showcase
http://www.investorideas.com/CO/MVTG/ or at the company website
http://www.mantraenergy.com/
About Our Green Investor Portals:
RenewableEnergyStocks.com® is one of several green investor portals within
Investorideas.com and provides investors with stock news, exclusive articles and
financial columnists, audio interviews, investor conferences, Blogs, and a directory
of stocks.

About InvestorIdeas.com:
\"One of the first online investor resources providing in-depth information on
renewable energy, greentech and water sectors.\" InvestorIdeas.com is a leading
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investing covering over thirty industry sectors and global markets including China,
India, Middle East and Australia.

Disclaimer: Our sites do not make recommendations, but offer information portals to
research news, articles, stock lists and recent research. Nothing on our sites
should be construed as an offer or solicitation to buy or sell products or
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accuracy of information presented. All Information relating to featured companies
is sourced from public documents and/ or the company and is not the opinion of our
web sites. This site is currently compensated by featured companies, news
submissions and online advertising. Disclosure: Mantra Venture is a featured
showcase company (program#2) for $2000 month and 150,000 restricted shares over 12
months.
www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:
Investorideas.com
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,

To contact Mantra
Terry Johnston
Phone: (604) 267-3022
Email: tjohnston@mantraenergy.com

Source: RenewableEnergyStocks.com, Mantra Venture Group Ltd




Web Site: http://www.renewableenergystocks.com

Contact Details: For more information contact:
Investorideas.com
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,

To contact Mantra
Terry Johnston
Phone: (604) 267-3022
Email: tjohnston@mantraenergy.com