Radient Technologies Inc. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.06 per unit for gross proceeds of up to CAD 1,200,000 on December 15, 2021. Each unit will consist of one common share of the company and one common share purchase warrant, with each warrant entitling the holder to purchase one common share of the company at CAD 0.10 per share for a period of 18 months following the closing date of the offering. The offering is expected to close on or about December 31, 2021. The company may pay finder's fees in cash of up to 7% of gross proceeds of the offering and finder's warrants in an amount of up to 7% of the units sold pursuant to the offering to eligible finders in accordance with the policies of the TSX Venture Exchange. Each finder warrant will entitle the holder thereof to purchase one common share of the company at a price of CAD 0.10 for a period of 18 months following the closing date of the offering. All securities issued by the company in connection with the offering will be subject to a statutory hold period of four months and one day. Completion of the offering is subject to certain conditions, including TSX Venture Exchange approval.