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Radient Technologies (TSXV: RTI) Announces a non-brokered private placement

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The offering of up to approximately 15 million units is priced at $0.10 per unit for gross proceeds of up to $1,500,000. Each unit consists of 1 share and 1/2 a warrant, with the warrant exercisable at $0.50 for 42 months.

Additional Information:

Company: Radient Technologies
Website: http://www.radientinc.com/
Stock Symbol: TSXV: RTI
Date Published: Apr 20, 2015
Transcript: Available

Video Transcript:

I’m Amanda Rose Schellenberg for Investmentpitch Media

Radient Technologies, symbol RTI on the TSX Venture Exchange, announced a non-brokered private placement.

The offering of up to approximately 15 million units is priced at $0.10 per unit for gross proceeds of up to $1,500,000.

Each unit consists of 1 share and 1/2 a warrant, with the warrant exercisable at $0.50 for 42 months.

From its 20,000 square foot manufacturing plant in Edmonton, Alberta, Radient manufactures natural ingredients for global customers across a range of industries, including Food and Beverage, Nutrition and Supplements, Pharmaceuticals and Cosmetics.

The company uses a proprietary method of extraction called Microwave Assisted Processing, or M.A.P.

M.A.P. is Radient's patented, core technology which yields substantially higher results than conventional natural compound extraction.

The products are manufactured at significantly lower cost than incumbent methods, at equal – or often better – quality and purity.

The company has completed more than 40 feasibility studies for every commercially-relevant class of natural product.

Radient recently launched three proprietary products, a natural sleep aid, an antioxidant, and a natural
preservative, with margins ranging from 40 - 65%.

The combined market size for these three products is estimated to be US$435 million.

The shares are trading at $0.05, and with 44.9 million shares outstanding, the company is capitalized at $2.2 million.

For more information on the company, please visit their website www.radientinc.com or contact Denis Taschuk, CEO, at 780-465-1318 or email dtaschuk@radientinc.com.

I’m Amanda Rose Schellenberg for Investmentpitch Media
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