Global Chinese Financial Forum to Feature Mantra Venture Group’s electro-reduction of carbon Technology

SEATTLE, WA, Feb. 19 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (‘Mantra’, OTCBB: MVTG, FSE: 5MV) is scheduled to continue positioning itself at the forefront of pioneering sustainability initiatives through its attendance at the 10th Annual Vancouver Conference 2009 held by the Global Chinese Financial Forum (GCFF). The forum, to be held on February 22nd in Vancouver, Canada, will host over 25 leading sustainability industry participants and over 900 Chinese-speaking attendees who represent the fastest growing investing community in North America. Also in attendance will be financial service providers, public and private companies, and various financial professionals, making the Vancouver Conference 2009 a great networking opportunity.

Joey Jung, Research Engineer with Kemetco Research Inc., will be representing Mantra and its electro-reduction of carbon (ERC) Technology as a keynote speaker for the event. In addition, Larry Kristof, President and CEO of Mantra, will be on-site to meet with potential investors and to further explain the merits of Mantra’s ERC technology.

Mr. Kristof notes: “Mantra has experienced accelerated development and an unprecedented amount of interest in our ERC technology during the last quarter.. This has been a very exciting time for our team, and we look forward to sharing this opportunity with the investing community at the upcoming GCFF conference. Given the many challenges faced by global financial markets today, reputable investor forums such as GCFF are vital in building investor confidence and in providing strategic insight on how to thrive during such turbulent economic times.”

“Mantra has a proven chemical process which is a part of the solution to one of the large environmental problems plaguing our planet: carbon dioxide,” commented John Russell, head of Mantra’s Scientific Advisory Board. “We understand that in order for sustainability to be attractive to companies, it needs to be commercially useful. ERC is. It really could be a breakthrough in the way our planet handles its carbon dioxide pollution.”

Mantra was also featured in a number of different publications including IndustryWeek.com, CleanTechBrief.com and the industry magazine Metal Producing and Processing. All of Mantra’s recent media coverage can be found on Mantra’s website at www.mantraenergy.com

About the Global Chinese Financial Forum (GCFF)

GCFF is the largest series of bilingual (Chinese/ English) financial functions in North America. GCFF fosters the development of North American and Asian financial industry by creating opportunities for companies, financial institutions, and investors all under one roof to physically meet and to truly benefit from each other. Since 2000, GCFF has grown from a one-day seminar to a series with two-day conferences, seminars, and road shows.

GCFF will be hosting the 10th annual Vancouver Conference 2009 on Sunday, February 22, 2009 at the Hilton (Metrotown) Hotel from 9:30 am – 4:30 pm. To learn more about the Forum, or to pre-register for the event, visit the GCFF website: http://gcff.chineseworldnet.com/front.asp.

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
    Terry Johnston
    604-267-3022
    tjohnston@mantraenergy.com
    www.mantraenergy.com

SOURCE Mantra Venture Group Ltd.