|[June 25, 2014]
Radient Technologies Inc. Announces Grant of Options and Appointment of Chief Operating Officer
EDMONTON, Alberta --(Business Wire)--
Radient Technologies Inc. (TSXV: RTI) ("Radient") announces that,
pursuant to its Stock Option Plan, it has granted incentive stock
options to certain directors, officers, employees and consultants of the
Company to purchase up to an aggregate of 2,676,000 common shares in the
capital stock of the Company. The options are exercisable at a price of
$0.75 per share, will expire on June 23, 2024, and will vest in sixteen
equal parts over the four years after grant.
Appointment of Chief Operating Officer
Radient is pleased to announce the engagement of Mike Cabigon as Chief
Operating Officer. "We are pleased to welcome Mike to te management
team, and are excited to add an executive leader principally focused on
operations, product development, business development, and investor
relations." Mike has been a Director of Radient since 2012.
Radient extracts natural compounds from a range of biological materials
using microwave assisted processing ("MAP™"), a patented technology
platform which provides superior customer outcomes in terms of
ingredient purity, yield, and cost. From its initial 20,000 square foot
manufacturing plant in Edmonton, Alberta, Radient serves market leaders
in industries that include pharmaceutical, food, beverage, natural
health, personal care and biofuel markets. Visit www.radientinc.com
for more information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
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