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Radiant Energy Corp.

12:35 PM EST - Radiant Energy Corp. : today reported its financial results for the year ended October 31, 2006. For the year ended October 31, 2006, the Company recorded a gain of $2,355,463 or $0.04 per share compared to a loss of $5,268,548 $0.15 per share in 2005. For the year ended October 31, 2006, revenue increased to $6,208,916 from $3,438,338 in 2005. Radiant Energy Corp. shares V.RDT are trading off 4 percent at $0.12.