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EDMONTON, June 2018 - Radient Technologies Inc., an Edmonton-based company, is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp., as lead underwriter on behalf of a syndicate of underwriters, under which the Underwriters have agreed to purchase, on a bought deal basis, 16,700,000 units of the Company at a price of $1.20/unit for aggregate gross proceeds of $20,000,000. The Underwriters have been granted the option to purchase up to an additional 2,505,000 Units, exercisable in whole or in part, at any time up to 30 days following the closing of the Bought Deal Offering.