News Releases

Radient Technologies Inc. Completes $5,000,000 Private Placement

Dec 22, 16

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES

EDMONTON, ALBERTA December 22, 2016 - Radient Technologies Inc. (“Radient” or the “Corporation”) (TSX Venture: RTI) announces the completion of the second and final tranche of 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”) previously announced by the Corporation on November 7, 2016. Under the final tranche of the Offering, the Corporation issued and sold a further 41,516,431 Units for aggregate gross proceeds of $4,359,225. The Corporation plans to use the proceeds of the Offering for product development, capital expenditures and general working capital purposes.

 

The full article can be accessed here.

Back to News Releases