Radient Technologies Inc. Completes Shares for Debt Transaction

EDMONTON, ALBERTA — (Marketwired) — 10/02/17 — Radient Technologies Inc. ("Radient" or the "Corporation") (TSX VENTURE: RTI) is pleased to announce that it has completed its previously announced shares-for-debt transaction with AVAC Ltd. ("AVAC") an arm–s length creditor of the Corporation.Pursuant to the shares-for-debt transaction, Radient has issued 9,424,330 common shares to AVAC at a deemed price of $0.66 per share in settlement of an aggregate of $6,210,