NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE
EDMONTON, ALBERTA November 7, 2016 - Radient Technologies Inc. (“Radient” or the
“Corporation”) (TSX Venture: RTI) announces a non-brokered private placement of up to
47,619,048 units (the "Units") of the Corporation at a price of $0.105 per Unit for
aggregate proceeds of up to $5,000,000 (the "Offering"), subject to regulatory approval.
Each Unit shall be comprised of one common share of the Corporation (a "Common
Share") and one half Common Share purchase warrant (each whole warrant, a "Unit
Warrant"), with each whole Unit Warrant entitling the holder to subscribe for one additional
Common Share at a price of $0.25 per Common Share until the date that is 42 months
from the date of issuance.
The full article can be accessed here.