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File: HIT Tech - news release regarding financing - CLOSING(00145575xDD1FB).DOC

HIT Technologies Completes Debt Financing
April 26, 2017 - HIT Technologies Inc. (the "Company"; TSX.V: HIT) is pleased to announce, further to its news release
---> of April 4, 2017, that it has closed its non-brokered private placement of $330,000 in principal amount of secured co
--->nvertible debt securities (the "Convertible Debts").
The Convertible Debts have a two year term ending April 19, 2019, and bear interest at a rate of 10% per annum.  The C
--->onvertible Debts are convertible into common shares of the Company at $0.05 per share until April 19, 2018 and at $0.1
--->0 per share until April 19, 2019.  The Company plans to use the proceeds from the financing to fund ongoing operations
---> and for general working capital purposes.  All securities issued in connection with the Convertible Debts are subject
---> to a four-month statutory hold period ending on August 20, 2017.
The Company further reports, on behalf of Mr. Ian Wilkinson, that Mr. Wilkinson acquired control or direction over, bu
--->t does not have beneficial ownership of, a Convertible Debt in the principal amount of $220,000 subscribed for by Port
--->folio Holdings Inc.  Mr. Wilkinson's deemed holding (ownership and/or control) of Shares would increase by 5.1% assumi
--->ng the conversion of Portfolio's Convertible Debt at $0.05.
Immediately before the acquisition, Mr. Wilkinson held 8,999,999 Shares (held through Nicola Holdings Ltd.) and 75,000
---> stock options, or 12.8% of the issued Shares assuming the exercise of the stock options.  Immediately after the Trans
--->action, Mr. Wilkinson would hold 13,474,999 Shares or 17.9% of the issued Shares assuming the exercise of the stock op
--->tions and conversion of Portfolio's Convertible Debt at $0.05.
Portfolio provided consideration of $220,000 in cash.  Mr. Wilkinson acquired the securities for investment purposes. 
---> In the future, he may acquire additional securities of the Company or dispose such securities through the market or o
--->therwise subject to a number of factors, including but not limited to general market and economic conditions, alternat
--->ive investment and business opportunities, portfolio and liquidity considerations, and other circumstances.  A copy of
---> the early warning report filed by Mr. Wilkinson in respect of the above transaction may be obtained at www.sedar.com 
--->under the Company's SEDAR profile, or by contacting Mr. Michael Liggett at 1-888-423-4124 ext.520.
ON BEHALF OF THE BOARD OF DIRECTORS OF 
HIT TECHNOLOGIES INC.
Brooks Bergreen
Chief Executive Officer
For more information contact:
Brooks Bergreen 
Chief Executive Officer
Tel: 1.888.423.4124 ext.520
Website: hitcase.com
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accur
--->acy of this release.
This press release may contain forward-looking statements within the meaning of applicable securities laws. Forward-lo
--->oking statements may include estimates, plans, anticipations, expectations, opinions, forecasts, projections, guidance
---> or other similar statements that are not statements of fact. Although the Company believes that the expectations refl
--->ected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to
---> be correct. These statements are subject to certain risks and uncertainties, including the risks and uncertainties id
--->entified by the Company in its public securities filings, and may be based on assumptions that could cause actual resu
--->lts to differ materially from those anticipated or implied in the forward-looking statements. The Company's forward-lo
--->oking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statement
--->s contained in this press release are made as of the date hereof and the Company undertakes no obligations to update p
--->ublicly or revise any forward-looking statements or information, whether as a result of new information, future events
---> or otherwise, unless so required by applicable securities laws.