Maxam Opportunities Fund Limited Partnership

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