Radient Technologies Inc. Receives TSXV Approval to Extend Warrants
22 Mai 2020 - 2:00AM
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, announces that it has
received the approval from the TSX Venture Exchange to extend the
term of 3,051,310 warrants originally scheduled to expire on June
2, 2020 and 5,872,382 warrants originally scheduled to expire on
June 22, 2020 (the “Warrants”) to June 2, 2021 and June 22, 2021,
respectively.
The Warrants were originally issued pursuant to
private placements of units completed by the Company on December 2,
2016 and December 22, 2016. The new expiry date for these warrants
is June 2, 2021 and June 22, 2021, respectively.
All other terms and conditions of the warrants
remain unchanged.
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 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.
Radient Technologies (TSXV:RTI)
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