NOT FOR DISTRIBUTION IN THE UNITED STATES

Radiant Energy Corporation (TSX VENTURE:RDT) ("Radiant" or the "Corporation") is
pleased to announce that it has received all requisite approvals to implement
the previously announced share consolidation (the "Consolidation") of its issued
and outstanding common shares on the basis of one (1) post-Consolidation common
share for every twenty-five (25) pre-Consolidation common shares. The special
resolution to approve the Consolidation was passed at the Corporation's annual
and special meeting held on April 27, 2010. The Corporation subsequently
obtained approval from the TSX Venture Exchange (the "TSXV") on May 3, 2010 to
proceed with the Consolidation.


The post-Consolidation common shares of the Corporation will commence trading on
the TSXV on May 5, 2010. The Corporation's trading symbol, RDT, will remain
unchanged.


Effective upon the implementation of the Consolidation, and subject to rounding,
Radiant will have 9,222,498 common shares issued and outstanding. Each stock
option or other security of the Corporation convertible into pre-Consolidation
common shares (the "Convertible Securities") that has not been exercised or
cancelled prior to the effective date of the implementation of the Consolidation
will be adjusted pursuant to the terms thereof on the same exchange ratio
described above and each holder of pre-Consolidation Convertible Securities will
become entitled to receive post-Consolidation common shares pursuant to such
adjusted terms.


Letters of transmittal were mailed to the Corporation's shareholders on April 6,
2010, together with the Corporation's other proxy materials, requesting that
shareholders forward their pre-Consolidation common share certificates to the
Corporation's transfer agent, Equity Transfer & Trust Company, in exchange for
post-Consolidation common share certificates representing the number of post-
Consolidation common shares to which they are entitled in accordance with the
instructions contained in the letters of transmittal.


Further details regarding the Consolidation are described in Radiant's
management information circular dated March 26, 2010 available on SEDAR at
www.sedar.com.


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.


Radiant Energy Corp (TSXV:RDT)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Radiant Energy Corp.
Radiant Energy Corp (TSXV:RDT)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Radiant Energy Corp.