- Radient Technologies (RTI) has announced a non-brokered private placement for gross proceeds of up to $1,200,000
- The company will issue up to 30 units priced at $40,000 per unit
- The offering is scheduled to close on or about June 30, 2022
- Radient Technologies is a commercial manufacturer of high-quality cannabinoid-based formulations, ingredients and products
- Radient Technologies Inc. (RTI) opened trading at C$0.025 per share
Radient Technologies (RTI) has announced a non-brokered private placement for gross proceeds of up to $1,200,000.
The company will issue up to 30 units priced at $40,000 per unit. Each unit will consist of 1,000,000 common shares and 500,000 share purchase warrants. Each warrant will entitle the holder to purchase one additional common share for 36 months following the closing of the offering. Warrants are subject to an acceleration clause.
The offering is scheduled to close on or about June 30, 2022.
Net proceeds will be used for working capital and general corporate purposes.
All securities issued will be subject to a statutory four-month hold period.
Radient Technologies is a commercial manufacturer of high-quality cannabinoid-based formulations, ingredients and products.
Radient Technologies Inc. (RTI) opened trading at C$0.025 per share.