Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce the success from its Korean business development mission as ENTECH 2009 draws to a close. Over the course of the past several days, Mantra executives met with numerous business representatives and government officials, and several strategic relationships and financing opportunities have been identified.

Over the weekend, Mantra was personally invited by Director Sung from Gyung Buk Province to visit local power plants, tour facilities in Pohang city's state-of-the-art techno-park complex, and to discuss current trends and environmental challenges faced by industry today. In commenting on the visit, Shawn Kim, Vice President of International Business Development for Mantra, noted: "I have seen the capacity of government and large industry leaders to get behind the new technologies and accelerate their pace toward commercialization. We see Mantra's technologies complementing current technologies under development by these industries."
Upon completion of Mantra's visit to Gyung Buck Province, the executives travelled back to Seoul for further discussions with prominent industry leaders to formalize business relationships in the capacity of financing the technology development. Negotiations are currently underway, and Mantra will be releasing updates shortly.

Larry Kristof, President and CEO of Mantra, commented: "Overall, the trip was a huge success. While we expected a significant level of interest in the Electroreduction of Carbon Dioxide technology (ERC) over the course of the week, the enthusiasm it generated as ENTECH 2009's only carbon recycling technology greatly exceeded our expectations. The partnership opportunities currently under negotiation represent a huge step forward for the company, and we look forward to solidifying these relationships in the coming weeks."
Mantra's ERC technology also received significant media coverage during the trip. Mantra was featured in the Korean newspaper: Today Energy on September 16th, and beginning in October, it will be featured in a multi-series of articles in Monthly Environment 21 - Korea's longest running green tech magazine.

Updates, pictures and media articles will be available shortly on Mantra's website: www.mantraenergy.com.

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. Two hundred and fifty companies will be featured over the course of the event, and over 34,000 people are expected to attend. To learn more, visit the ENTECH 2009 website: http://entechkorea.net/eng/mn01/mn01_01.php

About ERC
The ERC process, defined as 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.

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
Kol Henrikson
1-877-609-2898
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For further information: Investor Relations: Kol Henrikson, 1-877-609-2898, 이 이메일 주소는 스팸봇으로부터 보호됩니다. 보시려면 자바스크립트를 사용 가능으로 해야됩니다. , www.mantraenergy.com