Radient Technologies Inc. Applies to Extend Warrants
01 April 2020 - 8:30AM
Radient Technologies Inc. (“Radient” or the
“Company”) (
TSX Venture: RTI; OTCQX: RDDTF), a
global commercial manufacturer of high quality cannabinoid-based
ingredients, formulations and products, has applied to the TSX
Venture Exchange (the “TSXV”) to extend the term of 1,070,712
warrants originally scheduled to expire on April 14, 2020 (the
“Warrants”) to April 14, 2021.
The Warrants were originally issued pursuant to
a private placement of units completed by the Company on October
14, 2016. The exercise price of the Warrants will remain at CAD
$0.25.
The amendment to extend the expiry date of the
Warrants to April 14, 2021 is subject to the approval of the
TSXV.
About RadientRadient
Technologies is a commercial manufacturer of high quality
cannabinoid based formulations, ingredients and products. Utilizing
a proprietary extraction and downstream processing platform that
recovers up to 99% of cannabinoids from the cannabis plant, Radient
develops specialty products and ingredients that contain a broad
range of cannabinoid and terpene profiles while meeting the highest
standards of quality and safety. Please visit www.radientinc.com
for more information.
SOURCE: Radient Technologies Inc.
Contact: Adam Deffett, Sr. VP Corporate
Development: adeffett@radientinc.com
Forward-Looking
Information:This press release contains “forward-looking
information” within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without
limitation, statements regarding the proposed extension of the term
of the Warrants and the Company’s future plans. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as “plans”, “expects” or “does not
expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or state that
certain actions, events or results “may”, “could”, “would”, “might”
or “will be taken”, “occur” or “be achieved”. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Radient, as the case may
be, to be materially different from those expressed or implied by
such forward-looking information. Although Radient has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. Radient does not undertake
to update any forward-looking information, except in accordance
with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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