Fasken acted as counsel to Radient Technologies Inc. in connection with the filing of its base shelf prospectus dated January 21, 2020 (the “Shelf Prospectus”) which will allow Radient to offer up to $75 million of common shares, debt securities, convertible securities, warrants, subscription receipts, and units over a 25-month period ending in February 2022.
Fasken also advised Radient on the establishment of an at-the-market equity program (the “ATM Program”) with National Bank Financial Inc., as agent. The ATM Program will allow Radient to issue up to $9.4 million worth of common shares from treasury under the Shelf Prospectus to the public from time to time at prevailing market prices through the TSX Venture Exchange.
