ZTEST Closes $225,000 Private Placement & Invests in Private Technology Company

NORTH YORK, ONTARIO — (Marketwired) — 12/16/16 — ZTEST Electronics Inc. (the "Company") (CSE: ZTE)(CSE: ZTE.CN) is pleased to announce that it has closed its non-brokered private placement (the "Offering") with the sale of 4,500,000 working capital units ("WC Units") at $0.05 per WC Unit for proceeds of $225,000. Each WC Unit consists of one (1) common share and one (1) common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to a