RDT Radiant Energy Corp

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
(the "Issuance") of secured debentures in the aggregate principal amount of
CDN$100,000 maturing two years from the date of their issue and carrying an
interest rate of 12% per annum (the "Debentures"). The Debentures will be
secured by a first charge on the assets of Radiant and its U.S. operating
subsidiary, Radiant Aviation Services, Inc. Radiant shall have the option, under
certain conditions, to pay interest owing pursuant to the Debentures in common
shares of Radiant, subject to approval from the TSXV. Additionally, as a bonus
to the participating lenders acquiring the Debentures, Radiant will issue 0.16
of its common shares to the lenders for every CDN$1.00 invested in the
Debentures (the "Bonus Shares"), for a total issuance of 16,000 Bonus Shares.


John Marsh invested CDN$33,000 in the Debentures, Hara Enterprises Limited, a
company controlled by Gregory O'Hara, invested CDN$34,000 in the Debentures and
Roxborough Holdings Limited, a company controlled by David Williams invested
CDN$33,000 in the Debentures (collectively, the "Insider Loans"). The Insider
Loans and the related issuance of Bonus Shares constitutes a "related party
transaction" within the meaning of Multilateral Instrument 61-101 - Protection
of Minority Security Holders in Special Transactions ("MI 61-101"). Radiant is
relying on an exemption to the minority shareholder approval requirement of MI
61-101 as the Insider Loans are being entered into in response to the financial
difficulties of Radiant. The Issuance, including the Insider Loans and the
issuance of Bonus Shares, was approved by Radiant's independent directors.
Radiant's independent directors have also reviewed the terms of the Issuance
with management and have determined that such terms are reasonable in the
circumstances, the Issuance will improve the financial condition of Radiant and
the Issuance is in the best interests of Radiant. The issuance of Bonus Shares
to the lenders has not materially affected the percentage of securities of
Radiant beneficially owned and controlled by the lenders.


The net proceeds of the Issuance will be used to address Radiant's immediate
working capital needs while it continues to further its marketing and sales
initiatives in respect of its Radiant Deicing Systems. The infusion of cash is
expected to have initial short-term benefits, but Radiant's business and affairs
are not otherwise expected to be significantly impacted by the Issuance.


The Bonus Shares issued in conjunction with the Issuance will be subject to a
four-month hold period under applicable securities laws and the policies of the
TSXV.


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.

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