VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2016) - HIT Technologies Inc. (the "Company") (TSX VENTURE:HIT) is pleased to announce that it closed the second tranche of its previously announced non-brokered private placement (the "Offering") of units (the "Units"), raising aggregate gross proceeds to the Company of $300,000. Pursuant to the first and second tranches of the Offering, the Company issued 23,600,000 Units for aggregate gross proceeds to the Company of $1,180,000.