MicroCoal® Technologies Inc. (CNSX:MTI,OTC:CFQSF,FWB:OFS.F) gained the support of the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) via advisory services and funding of up to $50,000 to test the effect of microwave radiation on coals and to evaluate methods to prevent the re-absorption of moisture.
As quoted in the press release:
Dr. James Young, Chairman of the Board states: “We are very pleased to receive the support of NRC-IRAP. Investment of this kind is essential and extremely important for all Canadian technology companies especially at a time when the world economies are starting to rebound from the depths of uncertainty. We look forward to working with NRC-IRAP.”