Vancouver, British Columbia, July 12, 2017:   Radiant Health Care Inc. (the "Company" or "Radiant") announces that it has given notice of termination to Teal Pioneer Inc. ("Teal") of a previously announced share exchange agreement between the Company, Teal and the securityholders of Teal made as of March 17, 2017 (the "Agreement"), whereby the Company would have acquired from the securityholders all of the issued and outstanding common shares in the capital of Teal.  The Agreement was terminated in accordance with its terms.

 

About Radiant

 

Radiant is a British Columbia based company focused on the healthcare sector.  Currently, the principal business of the Company is the identification, evaluation, and acquisition of interests in healthcare assets and businesses, with a focus on the Canadian medical cannabis sector.

 

On Behalf of the Board of Directors

 

Brett Walker

President and Chief Executive Officer

 

For further information, please contact:

 

Brett Walker

President and Chief Executive Officer

(604) 366-7460

 

Forward-Looking Statements:

 

This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable Canadian securities laws.  Readers are cautioned that forward-looking statements are not guarantees of future  performance  or  events  and,  accordingly  are  cautioned  not  to  put  undue  reliance  on  forward-looking statements due to the inherent uncertainty of such statements.  Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations and orientations regarding the future.  Often, but not always, forward looking statements can be identified by words such as "pro forma", "plans", "expects", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Such factors include, among others, the change of business focus of the management of the Company, the inability of the Company to pursue its current business objectives due to lack of financing, the ability to retain key personal, government and regulatory developments.  Actual results could differ from those projected in any forward-looking statements due to numerous factors.  These forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in these forward-looking statements.   Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that those beliefs, plans, expectations, or intentions will prove to be accurate.   Readers should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time-to-time with Canadian securities regulators.   These reports and the Company's public filings are available at www.sedar.com.

  

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