Radiant Resources Inc.

Radiant Resources Inc.

September 17, 2008 16:31 ET

Radiant Resources Inc. Announces Retirement of Director

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2008) - Radiant Resources Inc. ('Radiant') (TSX VENTURE:RRS) today announced that it has accepted the resignation of Robert W. Jackson as a director. Radiant and Mr. Jackson cited their mutual desire to remove any real or perceived conflict of interest between Mr. Jackson's duties as a director of Radiant and his duties as President and CEO of Tiomin Resources Inc. ('Tiomin') in connection with the proposed acquisition of Radiant by Tiomin.

In a joint news release issued on May 28, 2008, Radiant and Tiomin announced that they had entered into a binding letter of intent pursuant to which Tiomin will acquire all of the outstanding securities of Radiant in exchange for securities of Tiomin. Since that earlier announcement, Radiant and Tiomin have entered into a definitive agreement setting out the terms and conditions under which the transaction will be completed by way of a plan of arrangement. A full description of the arrangement, including the background and intended outcome, is contained in the information circular of Radiant dated August 22, 2008 that was mailed to all holders of securities of Radiant, a copy of which may be viewed on SEDAR at www.sedar.com under filings made by Radiant.

Radiant has called a special meeting of its shareholders, scheduled to be held on Tuesday, September 23, 2008 in Toronto, for purposes of obtaining shareholder approval to the arrangement. Assuming such shareholder approval is obtained, Radiant intends to seek final court approval to the arrangement as soon as practicable after the meeting. Completion of the transaction is subject to a number of conditions, including the approval of Radiant's shareholders and receipt of all other necessary approvals as well as the final court order.

The board of directors and management team of Radiant wish to thank Mr. Jackson for his valuable contribution to Radiant and its predecessor, Alliance Pacific Resources Inc., over the last several years.

About Radiant Resources Inc.

Radiant is a base metals and gold exploration company focused on the Altay Shan mineral belt in Xinjiang, China. Radiant and Xinjiang Baodi Mining Co. (which is owned by the provincial government), through their joint venture company, Xinjiang Pacific Resources Corporation ('XPR'), own a portfolio of exploration properties. Radiant has satisfied the contractual requirements to increase its ownership of XPR from 51% to 70% and is in the process of registering this change. Radiant has a right to earn up to 90% of XPR.

Sarsuke, XPR's key property, is close to Ashele, which is a Volcanic Massive Sulfide ('VMS') type mine. This mine is reported in China to contain 36 million tonnes grading 2.43% Cu, 1.08% Zn and 0.45 g/t Au. In other locations around the world, VMS mines are found to occur in clusters. Examples are the South Urals region of Russia, the Iberian Pyrite Belt in Spain and Portugal, the Bathurst and Noranda areas of Canada and the Rudny Altay region of Kazakhstan and Russia. Radiant's personnel and consultants have significant expertise in exploring VMS deposits.

To find out more about Radiant, please visit the website www.radiantres.com.

Certain of the information contained in this news release constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including but not limited to those respect to the prices of metals and minerals, estimated future production, estimated costs of future production and Radiant's sales policy, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Radiant to be materially different from any forecast results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of copper and gold, the actual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in Radiant's documents filed from time to time with the Ontario Securities Commission.


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