Aurora Cannabis ("Aurora") (TSX VENTURE:ACB) participated in the private placement as the lead investor for $1.21 million of the total proceeds.

The majority of the placement (11,333,333 Units) was placed on a brokered basis through Canaccord Genuity Corp. (the "Agent') with the Agent exercising its over-allotment option in full. The Agent's compensation consisted of 894,251 Units, being 7% of the Units subscribed on the brokered component with the Agent having elected to take its cash commission and a significant portion of its corporate finance fee in Units. The Agent was also issued 933,333 compensation options (the "Options") with each Option exercisable for one Unit of Radient at a price of $0.45 per Unit.

The balance of the placement (4,000,000 Units) was placed by Radient on a non-brokered basis. Finder's fees totaling $57,225 cash, 70,000 Units and 197,167 Options are payable by Radient in connection with the non-brokered component.

The proceeds of the Offering are expected to be used for the acquisition of analytical and production equipment for quality and purity tests, improvements to the plant to accommodate cannabinoid production and general working capital.

All securities issued in connection with the Offering are subject to a statutory four-month hold period.

About Radient

Radient extracts natural compounds from a range of biological materials using its proprietary MAP™ natural product extraction 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.

On behalf of the Board of Directors,

RADIENT TECHNOLOGIES INC.

Denis Taschuck, CEO

Prakash Hariharan, CFO

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. The forward-looking statements include statements about the Offering and the use of proceeds thereof. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.