RDT Radiant Energy Corp

Radiant Energy Corporation, (TSX VENTURE:RDT)("Radiant" or the "Company")
announced that it has agreed with Gregory O'Hara, a director of Radiant who
beneficially owns or controls more than 10% of the issued and outstanding common
shares of the Company, to settle a Cdn$300,000 loan from a company he controls
by issuing 6,000,000 common shares of the Company, based on a price of Cdn$0.05
per share. The completion of this settlement is conditional on acceptance by the
TSX Venture Exchange. It is anticipated that the transaction will close on or
about February 11, 2009. 


About Radiant Energy Corporation

Radiant is the developer and marketer of Radiant Deicing Systems. The Company'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.

Radiant Energy Corp (TSXV:RDT)
Historical Stock Chart
From Jun 2024 to Jul 2024

Radiant Energy Corp (TSXV:RDT)
Historical Stock Chart
From Jul 2023 to Jul 2024