EDMONTON, ALBERTA October 24, 2016 - Radient Technologies Inc.(“Radient” or the “Corporation”) (TSX Venture: RTI) is pleased to announce proposed shares-for-debt transactions (the "Proposed Transactions") in which Radientwould issue up to 4,276,190common shares ("Common Shares") at a price of $0.105 per share to certain directors and officers of the Company in connection with the settlement an aggregate of up to $449,000 of debtrelating to unpaid directors fees, management fees and management salaries.

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