NOT FOR DISTRIBUTION IN THE UNITED STATES

Radiant Energy Corporation, (TSX VENTURE:RDT) ("Radiant") announced that it has
received approval from the TSX Venture Exchange ("TSXV") to complete an issuance
(the "Issuance") of a secured debenture in the principal amount of CDN$125,000
maturing two years from the date of its issue and carrying an interest rate of
12% per annum (the "Debenture"). The Debenture will be secured by a first charge
on the assets of Radiant and its U.S. operating subsidiary, Radiant Aviation
Services, Inc. Radiant shall have the option, under certain conditions, to pay
interest owing pursuant to the Debenture in common shares of Radiant, subject to
approval from the TSXV. Additionally, as a bonus to the participating lender
acquiring the Debenture, Radiant will issue 0.16 of its common shares to the
lender for every CDN$1.00 invested in the Debenture (the "Bonus Shares"), for a
total issuance of 20,000 Bonus Shares.


954740 Ontario Ltd., a company controlled by John Marsh, invested CDN$125,000 in
the Debenture (the "Insider Loan"). The Insider Loan and the related issuance of
Bonus Shares constitutes a "related party transaction" within the meaning of
Multilateral Instrument 61-101 - Protection of Minority Security Holders in
Special Transactions ("MI 61-101"). Radiant is relying on an exemption to the
minority shareholder approval requirement of MI 61-101 as the Insider Loan is
being entered into in response to the financial difficulties of Radiant. The
Issuance, including the Insider Loan and the issuance of Bonus Shares, was
approved by Radiant's independent directors. Radiant's independent directors
have also reviewed the terms of the Issuance with management and have determined
that such terms are reasonable in the circumstances, the Issuance will improve
the financial condition of Radiant and the Issuance is in the best interests of
Radiant. The issuance of Bonus Shares to 954740 Ontario Ltd. has not materially
affected the percentage of securities of Radiant beneficially owned and
controlled by this entity or Mr. Marsh.


The net proceeds of the Issuance will be used to address Radiant's immediate
working capital needs while it continues to further its marketing and sales
initiatives in respect of its Radiant Deicing Systems. The infusion of cash is
expected to have initial short-term benefits, but Radiant's business and affairs
are not otherwise expected to be significantly impacted by the Issuance.


The Bonus Shares issued in conjunction with the Issuance will be subject to a
four-month hold period under applicable securities laws and the policies of the
TSXV.


About Radiant Energy Corporation

Radiant is the developer and marketer of Radiant Deicing Systems. Radiant's
product is the only non- glycol based alternative approved by the US Federal
Aviation Administration for the pre-flight ground deicing of aircraft. Aircraft
deicing with Radiant's technology offers savings to airports and airlines over
the use of conventional glycol-based deicing systems, reducing aircraft
treatment costs and significantly reducing the negative impact of glycol on the
environment.


This press release may contain forward-looking statements, including statements
regarding the business and anticipated financial performance of Radiant Energy
Corporation, which involve risks and uncertainties. These risks and
uncertainties may cause Radiant's actual results to differ materially from those
contemplated by the forward-looking statements. No stock exchange, securities
commission or other regulatory authority has approved or disapproved the
information contained herein.
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