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Radient Technologies Inc. Announces Changes to its Board of Directors

EDMONTON, Alberta, Feb. 07, 2020 (GLOBE NEWSWIRE) — Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global commercial manufacturer of high quality cannabinoid-based ingredients, formulations and products, announces the following changes to its Board of Directors, effective today.

Addition of two Board Members:

Radient is pleased to announce that Health Canada has approved the addition of Ms. Jocelyne F. Lafrenière and Mr. Yves Gougoux to its Board of Directors, effective today. Radient initially announced the appointment of Ms. Lafrenière and Mr. Gougoux to its Board in a press release dated April 17, 2019.

Denis Taschuk, President & CEO of Radient, commented, “We are very pleased to welcome these two very accomplished individuals to our Board of Directors. Both Ms. Lafrenière and Mr. Gougoux have achieved incredible success throughout their careers, and we know that their innovation, passion, and leadership will be a credit to Radient as we continue to grow.”

Ms. Jocelyne F. Lafrenière, CPA, CA, CICA, CPSC, Adm.A:

Ms. Lafrenière is the President & Chief Executive Officer of JFL International Inc., a management consulting firm. She is a retired partner of KPMG where she led the Compliance, Infrastructure Advisory and International Development Assistance Services of their Ottawa office. With more than 35 years of audit and consulting experience, she has served as an advisor to a broad spectrum of public and private companies, non-profit organizations, government departments and agencies, crown corporations and United Nations agencies.

Throughout her career, she has actively championed for the empowerment of women and the protection of children, as well as supporting education. She is the author of 12 business management courses and two self-empowerment books, and has served as a Director on several Boards. Ms. Lafrenière is also a recipient of the Queen Elizabeth II Diamond Jubilee Medal for her significant contribution to the community in Canada and abroad.

Mr. Yves Gougoux:

Mr. Gougoux has spent more than 40 years in the field of advertising and marketing. After presiding over several national advertising agencies in Canada, in 1984 Mr. Gougoux acquired BCP, the first French Canadian advertising agency in Montreal. In 1996 BCP entered into a partnership with international advertising agency Publicis Groupe, resulting in the launch of Publicis in Canada, with locations in Toronto and Montreal. Mr. Gougoux was made CEO of Publicis Canada and under his guidance the agency proceeded with acquisitions in Toronto and Montreal, quickly becoming one of the leading advertising agencies in Canada. In 1998 Mr. Gougoux moved to Paris to preside over Publicis Conseil, the Paris office of Publicis, while remaining the CEO for Publicis Canada. After moving back to Canada in 2000, he sold his 30% stake of Publicis Canada to Publicis Groupe in 2013, and became Chairman of the Board of Publicis Canada in 2015. He currently serves as non-executive Chairman.

Mr. Gougoux is also on the Board of Directors of the Mira Foundation, a non-profit organization that trains and supplies service dogs to blind and handicapped persons as well as children with autism. He completed his business studies at Concordia University in Montréal.

Resignation of two Board Members:

Radient announces today the resignation of Mr. Steve Dauphin from the Company’s Board of Directors, for personal reasons. Francesco Ferlaino, Radient’s Chairman of the Board, commented, “I would like to thank Steve on behalf of Radient for his significant contributions during his six-year tenure on the Board. His guidance, ongoing support and commitment to the development of the Company will be greatly missed.”

Mr. Dimitris Tzanis will also today be resigning from Radient’s Board of Directors, in order to pursue other interests. “Mr. Tzanis has been a Director of Radient since 2016, and has been a strong supporter of the Company during that time. On behalf of Radient I would like to thank him for his contributions to the Company’s success, and wish him well in his future endeavours,” said Mr. Ferlaino.

About Radient
Radient Technologies is a commercial manufacturer of high quality cannabinoid based formulations, ingredients and products. Utilizing a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant, Radient develops specialty products and ingredients that contain a broad range of cannabinoid and terpene profiles while meeting the highest standards of quality and safety. Please visit www.radientinc.com for more information.

SOURCE: Radient Technologies Inc.

Contact: Caitlin Cheadle, Director of Communications: ccheadle@radientinc.com

Forward Looking Information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the growth of the Company’s business operations; the impact of changes to the Company’s board of directors; the Company’s ability to grow its business in the cannabis sector and the Company’s future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Radient, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although Radient has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Radient does not undertake to update any forward-looking information, except in accordance with applicable securities laws.


Sundance Energy Inc. Announces Participation in February Investor Conferences

DENVER, Feb. 07, 2020 (GLOBE NEWSWIRE) — Sundance Energy Inc. (NASDAQ: SNDE) (“Sundance” or the “Company”) today announced management’s participation in several upcoming conferences during the month of February.

Eric P. McCrady, Chief Executive Officer, is scheduled to present at the Enercom Dallas 2020 conference in Dallas, TX on Tuesday, February 11th, 2020 at 1:55 PM CST followed by a breakout question and answer session. A livestream of Mr. McCrady’s presentation will be available on the Enercom website at https://www.enercomdallas.com/company-pages/sundance-energy/.

Mr. McCrady is also scheduled to present at Noble Capital Markets’ 16th Annual Investor Conference in Hollywood, FL on Tuesday, February 18th, 2020 at 2:00 PM EST, followed by a breakout question and answer session. A webcast of the presentation will be made available at www.nobleconference.com and www.channelchek.com for 90 days following the event.

About Sundance Energy Inc.

Sundance Energy Inc. is an independent energy exploration company located in Denver, Colorado. The Company is focused on the acquisition and development of large, repeatable oil and natural gas resource plays in North America. Current activities are focused in the Eagle Ford. A comprehensive overview of the Company can be found on Sundance’s website at www.sundanceenergy.net

Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “project,” “believe,” “estimate,” “expect,” “anticipate,” “intend,” “contemplate,” “foresee,” “would,” “could,” “plan,” and similar expressions that are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on management’s current expectations and beliefs concerning future developments and their potential effect on Sundance. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Sundance will be those that are anticipated. Sundance’s forward-looking statements involve significant risks and uncertainties (some of which are beyond Sundance’s control) and assumptions that could cause actual results to differ materially from Sundance’s historical experience and present expectations or projections. These include, but are not limited to, risks or uncertainties associated with our previously completed redomiciliation (including the ability to recognize any benefits therefrom), the discovery and development of oil and natural gas reserves, cash flows and liquidity, business and financial strategy, budget, projections and operating results, oil and natural gas prices, amount, nature and timing of capital expenditures, including future development costs, availability and terms of capital and general economic and business conditions. You are cautioned not to place undue reliance on forward-looking statements contained in this press release, which speak only as of the date of this press release. Forward-looking statements also are affected by the risk factors described in Sundance’s Annual Report on Form 20-F for the fiscal year ended December 31, 2018, as may be amended, and those set forth from time-to-time in other filings with the SEC. Sundance undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

For more information, please contact:

John Roberts
VP Finance & Investor Relations
Tel: (720) 638-2400
Eric McCrady
Chief Executive Officer
Tel: (303) 543-5703

Coronavirus: BSN offers temporary deferment of loan repayment

KUALA LUMPUR, Bank Simpanan Nasional (BSN) today announced that its clients can apply for temporary deferment to repay their loans which could be affected by the 2019 novel coronavirus outbreak.

We understand the situation of our customers comprising entrepreneurs who may be affected as they are not able to deal with certain suppliers following the spread of the disease especially in countries at risk, said its chief executive Datuk Yunos Abd Ghani in a statement.

We appeal to those who are affected to come and discuss with BSN to ensure their business continuity, besides making sure the facilities are enjoyed in the best possible way. As a caring bank, BSN will always ensure that the customers’ needs come first, he said.

Customers can go to the nearest BSN branches for discussions or call BSN Customer Contact Centre at 1-300-88-1900 for further information.

Source: BERNAMA (News Agency)

FAMA targets direct-from-farm sales of RM6 mln this year

MELAKA, The Federal Agricultural Marketing Authority (FAMA) is targeting to record direct sales from farm (JTDL) of RM6.0 million this year compared with RM5.27 million achieved last year.

Mohd Anis Mohd Yasin, FAMA deputy director-general and senior director of fresh produce division, said various efforts were undertaken by the government through agencies, departments and financial institutions to accomplish the target especially in encouraging more youths to participate in the agriculture sector.

He said one of the efforts was micro funding for the agriculture and agro-based sector worth RM100 million offered to low-income micro entrepreneurs (B40) by Petroliam Nasional Bhd through a strategic cooperation with Agrobank.

“We encourage farmers especially youths from the B40 group to take advantage of the financing offer and generate more lucrative income through the agriculture sector.

“Besides that, this effort will be able to reduce agriculture imports which are still high and increase the involvement of Bumiputera in the agriculture sector,” he said to reporters after the launch of Melaka state JTDL programme 2020 at AEON Bandaraya Melaka here, last night.

The programme was officiated by State Agriculture, Entrepreneur Development, Cooperatives and Agro-based Industry committee chairman Datuk Norhizam Hassan Baktee. Also present was FAMA state director Che Samudin Hassan.

Elaborating further, Mohd Anis said with the financing offer, the youth community would be able to apply new and modern technology such as biotechnology to cut production time but yield high returns.

He said FAMA will always support and assist entrepreneurs or farmers including promotional activities and providing various outlets at strategic locations to market their produce directly to consumers.

“We see that most farmers or entrepreneurs have problems to market their produce,” he said.

Meanwhile, the Melaka state level JTDL programme involving the participation of 15 FAMA entrepreneurs from Melaka, Negeri Sembilan, Johor and Pahang is held for four days beginning from last Thursday.

FAMA expects the programme to rake in about RM250,000 from the sales of local fruits, vegetables, delicacies and orchid plants.

Source: BERNAMA (News Agency)

MARGMA sees nearly 20 pct surge in Malaysia’s glove exports in 2020

KUALA LUMPUR, Malaysia’s rubber glove exports are likely to surge nearly 20 per cent to 230 billion pieces in 2020, up from 192 billion pieces last year, as the world rolls up its sleeves to fight against the deadly novel coronavirus 2019 (2019-nCoV).

Malaysian Rubber Glove Manufacturers Association (MARGMA) president Denis Low said the export growth forecast is higher than the 210-220 billion pieces predicted by the association earlier.

“This will mean that the rubber gloves export revenue is also expected to grow higher than the earlier forecast of RM20.68 billion,” he told Bernama when contacted on Friday.

As the disease has spread internationally, Low anticipates global demand for rubber gloves to increase by 15 to 20 per cent, up from the normal demand growth of 8-10 per cent.

“Initially, the world is expected to take about 320 billion pieces of rubber gloves this year as compared with 298 billion pieces in 2019.

“With the outbreak, demand can be more,” he said.

Citing the Influenza A (N1) pandemic in 2009, Low said demand for rubber gloves had surged 17 per cent in that particular year. Taking the cue from N1, he predicted that rubber glove sales would grow between 15 and 20 per cent this year.

“It depends on the duration of this outbreak, and it is definitely not going away soon and could easily drag through another six to eight months,” he said.

The coronavirus contagion broke out in Wuhan, China in late December 2019 and is currently infecting 28 countries and territories worldwide.

As of Friday, over 31,000 confirmed cases have been reported, including 15 in Malaysia, while the death toll has reached 636 people in mainland China.

Malaysia, being the world’s largest glove maker, came to China’s rescue when on Feb 1, 2020 it pledged to donate 18 million pieces of medical gloves to the country in a bid to contain the outbreak.

Malaysian firms that have pledged to donate medical gloves to China include Smart Glove Corporation Sdn Bhd (5.8 million pieces), Top Glove Corporation Bhd (three million), Hartalega Holdings Bhd (2.58 million), Malaysian Rubber Export Promotion Council (2.12 million), Supermax Corporation Bhd (two million), Kossan Rubber Industries Bhd (one million), YTY Group (one million), Brightway Sdn Bhd (300,000), Koon Seng Sdn Bhd (100,000) and Careplus Group Bhd (100,000).

The World Health Organisation (WHO) has declared the coronavirus outbreak a global health emergency.

Source: BERNAMA (News Agency)

Malaysia should take a close look at Japan’s HSR technology

KUALA LUMPUR, Malaysia should take a close look at Japan’s railway technology in developing the Kuala Lumpur�Singapore High Speed Rail (HSR) project.

Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said the country is well-versed with rail transportation, as demonstrated by the Shinkansen high-speed railway system.

“We will continue to discuss this matter. The technology behind the Shinkansen is one of the best in the world, and we should look into it for the HSR project, he told reporters at the Gombak parliamentary constituency’s Chinese New Year celebration here today.

Azmin, who is also the Gombak MP, said he managed to gain some insight on the business model and the financial structure required to finance such a project during his recent visit to Japan.

In December, Prime Minister Tun Dr Mahathir Mohamad was reported as saying that the KL-Singapore HSR project would be continued, but it may require certain adjustments to reduce its costs.

Meanwhile, Mohamed Azmin said during the visit, he was also briefed on smart agriculture technology which could boost productivity, in line with the Shared Prosperity Vision 2030.

He said that Malaysia is a fertile country, capable of producing high quality crops, and is not too vulnerable to natural disasters.

We want to look at the model used in Japan to boost agriculture productivity in this country, said Mohamed Azmin.

He said Malaysia’s food import bill is close to RM60 billion per year, but the country is actually capable of producing more food products through new technologies.

One of the government’s policies is for farmers to have access to new technologies to boost their yield, which would help to reduce the urban-rural gap, he added.

Source: BERNAMA (News Agency)

White Jersey winner Mamat not placing high hopes on stage three

KEMAMAN, Terengganu Inc. TSG Cycling Team’s sprint specialist Mohd Harrif Saleh is not confident of holding on to the White Jersey for the best Asian rider despite winning it in the second stage of the Le Tour de Langkawi (LTdL) 2020 today.

The 31-year-old rider said stage three tomorrow would be particularly tough as it involves many hilly stretches, which would give an edge to hill-climb riders.

“I am happy with the victory today but expect the Kazakhstan riders (from Vino-Astana Motors) to dominate day three tomorrow because most of them are very experienced in hilly terrain.

“So, maybe the chances are good for Carlos (Julian Quintero) of Colombia, who is experienced in both hilly and flat terrains but I hope not to be left far behind, he told reporters today.

Mohd Harrif, who is fondly known as ‘Mamat’, grabbed the White Jersey after clocking 4 hr 5 min and 29 sec to finish among the top 10 in stage two, which at 261.1km is the longest route in the cycling race, which will end in Pulau Langkawi, Kedah on Feb 15.

Former TSG Cycling Team rider Muhamad Adiq Husainie Othman, who announced his retirement in January last year, is the only Malaysian to have won the White Jersey in the prestigious Asian race since its inception in 1996.

Another national rider, Muhamad Nur Aiman Mohd Zariff of Team Sapura Cycling, expressed satisfaction with his performance today after grabbing nine points in three intermediate sprint zones — Chendering, Rantau Abang and Bandar Al Muktafi Billah Shah.

That enabled the Setiu-born rider to earn a time bonus of nine seconds and jump to fourth overall with a total time of 5 hr 57 min and 38 sec after two stages.

The 162.5km stage three tomorrow is from Dataran Temerloh to KLCC, involving three sprint zones in Mentakab, Desa Bakti and Mempaga and three climbing zones in Bukit Damar, Bentong and Genting Sempah.

Source: BERNAMA (News Agency)