businesspress24.com - Radient Technologies Inc. Releases 2017 Year End Results
 

Radient Technologies Inc. Releases 2017 Year End Results

ID: 1515156

(firmenpresse) - EDMONTON, ALBERTA -- (Marketwired) -- 07/26/17 -- Radient Technologies Inc. (TSX VENTURE: RTI) (the "Company") announced today that it has released its financial results for the fiscal year ended March 31, 2017. The audited financial statements, Management''s Discussion and Analysis, and the CEO & CFO certifications for the year ended March 31, 2017 are available on .

Key Highlights for the 2017 Year

Denis Taschuk, President and CEO of Radient, stated "2017 has been a major turnaround for Radient with completion of successful financings and a strategic partnership with one of the largest licensed producers in the rapidly growing cannabinoids market. We are also pleased with our strengthening partnership in the ingredients space with a current global leader that is expected to continue to grow and add value. The Canadian cannabis industry is currently scaling up production to meet patient requirements, and has a latent demand for higher volume extraction processes that result in high purities and yields. We believe our patented MAP™ technology can create meaningful shareholder value from this and other industries. We are looking forward, in 2018, to growing our relationship with Aurora and building additional partnerships in this dynamic industry."

About Radient

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 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 cannabis markets. Visit for more information.



Contacts:
Radient Technologies Inc.
Denis Taschuk
Chief Executive Officer
(780) 465-1318


Radient Technologies Inc.
Prakash Hariharan




Chief Financial Officer
(780) 465-1318

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Bereitgestellt von Benutzer: Marketwired
Datum: 26.07.2017 - 17:00 Uhr
Sprache: Deutsch
News-ID 1515156
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EDMONTON, ALBERTA


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Biotech


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