By Devika Patel
Knoxville, Tenn., Oct. 30 - Radiant Energy Corp. announced it will conduct a C$4 million private placement of stock.
The company will sell common shares at C$0.11 per share.
Brant Securities Ltd. is the agent. Settlement is expected in late November.
Proceeds will be used for general working capital.
Based in Port Colborne, Ont., Radiant produces an infrared pre-flight aircraft de-icing system.
| Issuer: | Radiant Energy Corp.
|
| Issue: | Flow-through common shares
|
| Amount: | C$4 million
|
| Price: | C$0.11
|
| Warrants: | No
|
| Agents: | Brant Securities Ltd.
|
| Pricing date: | Oct. 30
|
| Stock symbol: | TSX Venture: RDT
|
| Stock price: | C$0.10 at close Oct. 29
|
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