The Company also announced the grant of incentive stock options under the Company's stock option plan to directors, officers and consultants to purchase an aggregate of 800,000 common shares under the terms of the Company's Stock Option Plan. The options are exercisable for a period of five years at a price of Cdn$0.11 per share and are subject to the policies of the TSX Venture Exchange.

About Radiant Energy Corporation

Radiant is the developer and marketer of Radiant Deicing Systems. The Company's product is the only non-glycol based alternative approved by the US Federal Aviation Administration for the pre-flight ground deicing of aircraft. Aircraft deicing with Radiant's technology offers savings to airports and airlines over the use of conventional glycol-based deicing systems, reducing aircraft treatment costs and significantly reducing the negative impact of glycol on the environment.

This press release contains "forward-looking statements", including statements regarding the business and anticipated financial performance of Radiant Energy Corporation, which involve risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements, regarding financial and business prospects and financial outlook) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks, uncertainties and assumptions that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in general economic and market conditions, changes to regulations affecting the Company's activities, and uncertainties relating to the availability and costs of financing needed in the future. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Contacts:
Radiant Energy Corporation
Larrie Shepherd
President and Chief Executive Officer
(416) 922-8778

SOURCE: Radiant Energy Corporation

SOURCE: Stratic Energy Corporation

Kevin Watts, Chief Executive Officer, +44 207 766 7910; John van der Welle, +44 207
766 7920; Patrick d'Ancona, M: Communications, +44 207 153 1547; Canadian
Investor Relations, Roger Fullerton, (952) 929-7243; Website: www.straticenergy.com

The awards were made to the following individuals and groups of individuals:

    <<
    Kevin Watts, President and Chief Executive and director        3,000,000
    John van der Welle, Chief Financial Officer and director       2,500.000
    Mark Bilsland, Chief Operating Officer and director              622,222
    Other Officers                                                 2,170,116
    Employees                                                      1,178,802
    >>

In the period from January 1, 2008, stock options over 1,887,310 shares have lapsed unexercised, and a further 2,500,000 options awarded to Stratic's former Chief Financial Officer are due to lapse on August 8, 2008.

Stratic currently has 272,625,224 common shares issued and outstanding.

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of the contents of this

release.

SOURCE: Stratic Energy Corporation

Kevin Watts, Chief Executive, +44 20 7766 7900; Patrick d'Ancona, M:
Communications, +44 20 7153 1547; Canadian Investor Relations, Roger Fullerton, (952)
929-7243, Email: roger.fullerton@straticenergy.com; Website: www.straticenergy.com

Additional discoveries have been made in the vicinity by the Spider Resources Inc., KWG Resources Inc. joint venture where as of July 15, 2008 a National Instrument 43-101 compliant resource of 802,000 tonnes grading 3.75% copper and 1.1% zinc at their Mcfauld's 3 volcanic hosted massive sulphide deposit was announced. WSR Resources Inc., Metalex Ventures Ltd. and Arctic Star Resources Inc. have recently announced intersections of Volcanic Derived Sulphides

Recent Vtem surveys have been completed over the Lund - Noront project area, known as the Lund Property. Preliminary results indicate the presence of a number of aeromagnetic and electromagnetic anomalies that indicate the presence of bedrock conductors. Depending on the results of final interpretation and a property examination, a follow up program will be outlined for execution during this year. This program will consist of ground surveys and/or diamond drilling. Noront is the operator of the project and plans to schedule the follow up to these airborne surveys over the next month.

The Lund property consists of 13 claims that total 169 units. For terms of the agreement please refer to Lund news release dated February 4, 2008. Upon Lund satisfying the terms of the agreement to earn 50%, a joint venture will be formed with Noront acting as the Operator.

On Behalf of the Board of Directors of LUND GOLD LTD.

Chet Idziszek, President

On Behalf of the Board of Directors of NORONT RESOURCES LTD.

Richard Nemis, President and CEO

Cautionary Statement

This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration results and plans, and our other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. Such forward-looking statements include, without limitation, estimates of exploration investment and the scope of exploration programs. There can be no assurance that such statements will prove to be accurate, and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake any obligation to update forward-looking statements should conditions or our estimates or opinions change. Forward-looking statements are subject to risks, uncertainties and other factors, including risks associated with mineral exploration, price volatility in the mineral commodities we seek, and operational and political risks.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

Contacts:
Lund Gold Ltd.
David Scott
Investor Relations
(604) 331-8772
(604) 331-8773 (FAX)
Email: dscott@mine-tech.com
Website: www.lundgold.com

Noront Resources Ltd.
Neil Novak
Vice President Corporate & Aboriginal Affairs
(416) 864-1456
Website: www.norontresources.com

SOURCE: Lund Gold Ltd. and Noront Resources Ltd.

mailto:dscott@mine-tech.com
http://www.lundgold.com
http://www.norontresources.com