VANCOUVER, April 26, 2013 /CNW/ – Maxam Opportunities Fund Limited
Partnership and Maxam Opportunities Fund (International) Limited
Partnership (together, the “Maxam Funds”) announce they have acquired
an aggregate of 1,181,577 common shares (the “Shares”) of Radiant
Communications Corp. (the “Issuer”) at a price of $0.995 per Share.
The Maxam Funds acquired the Shares (the “Acquisition”) from The Perlus
Microcap Fund LP (the “Vendor”) by way of a share purchase agreement
dated April 25, 2013.

Before the Acquisition, the Maxam Funds held an aggregate of 6,940,103
common shares of the Issuer. As a result of the Acquisition, the Maxam
Funds hold an aggregate of 8,121,680 common shares of the Issuer, or
approximately 53.7% of the Issuer’s issued and outstanding common
shares.

The common shares of the Issuer are listed on the TSX Venture Exchange
and trade under the trading symbol “RCN”. The Maxam Funds acquired the
Shares for investment purposes. Depending on market conditions, the
Maxam Funds may in the future increase or decrease their investment in
the Issuer.

An Early Warning Report respecting this acquisition has been filed on
the System for Electronic Document Analysis and Review (“SEDAR”) under
the Issuer’s profile and can be viewed at www.sedar.com.

MAXAM OPPORTUNITIES FUND LIMITED PARTNERSHIP by its general partner
MAXAM OPPORTUNITIES GP LTD.

SOURCE Maxam Opportunities Fund Limited Partnership