Radiant Announces Suspension Of Trading Of Its Securities
January 08, 2013 10:31 ET
Radiant Announces Suspension Of Trading Of Its Securities
TORONTO, ONTARIO--(Marketwire - Jan. 8, 2013) - Radiant Energy Corporation, (TSX VENTURE:RDT) ("Radiant") announced that the TSX Venture Exchange (the "Exchange") suspended trading in the Company's securities, effective December 27, 2012, as a result of the Company's failure to maintain the Exchange requirement of a minimum of three Directors. Reinstatement can occur only at such time that the Exchange has concluded a reinstatement review to ensure the Company has satisfactorily complied with all Exchange requirements.
About Radiant Energy Corporation
Radiant is the developer and marketer of Radiant Deicing Systems. Radiant's product is the only non-glycol based alternative approved by the US Federal Aviation Administration for the pre-flight ground deicing of aircraft. Aircraft deicing with Radiant's technology offers savings to airports and airlines over the use of conventional glycol-based deicing systems, reducing aircraft treatment costs and significantly reducing the negative impact of glycol on the environment.
This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant Energy Corporation, which involve risks and uncertainties. These risks and uncertainties may cause Radiant's actual results to differ materially from those contemplated by the forward-looking statements. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.