ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

RDT Radiant Energy Corp

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Radiant Energy Corp TSXV:RDT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Radiant Completes Shares for Debt Transaction

26/01/2010 12:43pm

Marketwired Canada


NOT FOR DISTRIBUTION IN THE UNITED STATES.

Radiant Energy Corporation, (TSX VENTURE:RDT) ("Radiant") announced that it has
received approval from the TSX Venture Exchange ("TSXV") to complete an issuance
of 1,107,756 common shares of Radiant in satisfaction of certain amounts owing
pursuant to a settlement agreement reached in respect of an employment-related
litigation claim (the "Settlement Agreement"). The Settlement Agreement provides
for the payment of $10,650 (CDN$11,000) in cash and the issuance of 1,107,756
common shares of Radiant.


The common shares issued in conjunction with the transaction will be subject to
a four-month hold period under applicable securities laws and the policies of
the TSXV, such hold period expiring on May 26, 2010.


About Radiant Energy Corporation

Radiant is the developer and marketer of Radiant Deicing Systems. Radiant's
product is the only non- glycol based alternative approved by the US Federal
Aviation Administration for the pre-flight ground deicing of aircraft. Aircraft
deicing with Radiant's technology offers savings to airports and airlines over
the use of conventional glycol-based deicing systems, reducing aircraft
treatment costs and significantly reducing the negative impact of glycol on the
environment.


This press release may contain forward-looking statements, including statements
regarding the business and anticipated financial performance of Radiant Energy
Corporation, which involve risks and uncertainties. These risks and
uncertainties may cause Radiant's actual results to differ materially from those
contemplated by the forward-looking statements. No stock exchange, securities
commission or other regulatory authority has approved or disapproved the
information contained herein.


1 Year Radiant Energy Corp Chart

1 Year Radiant Energy Corp Chart

1 Month Radiant Energy Corp Chart

1 Month Radiant Energy Corp Chart

Your Recent History

Delayed Upgrade Clock