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Radient Technologies completes subscription receipt financing and reverse takeover of Madison Capital

Fasken
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Client

Radient Technologies Inc.

On May 22, 2014, Radient completed a reverse takeover of Madison Capital Corporation by way of a plan of arrangement. In connection with the transaction, Radient completed a brokered private placement of subscription receipts for aggregate gross proceeds of $4,071,288. Fasken Martineau was counsel to Radient for the reverse takeover and related financing, with a team that included Prentice Durbin, Steve Saville and Michael Hobkirk.

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