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Ted Drzazga Announces Change in Ownership Interest of ZTEST Electronics Inc.

FSCWIRE

Ted Drzazga Announces Change in Ownership Interest of ZTEST Electronics Inc.

Toronto, Ontario (FSCwire) – Wojciech (“Ted”) Drzazga, CEO and a director of ZTEST Electronics Inc. (“ZTEST” or the “Company”) announces that his ownership interest and that of his wife Joanna (“Joanna”) Drzazga in ZTEST has collectively decreased by more than 2%. Ted and Joanna previously filed an early warning report with respect to the securities of ZTEST on December 16, 2016, at which time they collectively had the ability to acquire 18.29% of ZTEST on a partially diluted basis. As a result of the exercise of 1,300,000 warrants and the sale of securities of ZTEST by Ted and Joanna and the increase in the issued and outstanding capital of ZTEST to 19,548,696 common shares as a result of the exercise of 450,000 warrants by third parties, Ted and Joanna collectively hold 15.965% of the Company.

Ted holds 1,593,477 common shares representing 8.15% of the issued and outstanding capital of the Company. Joanna holds directly and indirectly 1,527,545 common shares representing 7.81% of the issued and outstanding capital of the Company. Collectively they hold 3,121,022 common shares representing 15.965% of the issued and outstanding capital of the Company.

Ted and Joanna have advised that the securities were acquired for investment purposes and that they have no present intention to either increase or decrease their holdings in the Company. Notwithstanding the foregoing, they have advised that they may increase or decrease their beneficial ownership, control or direction over common shares of the Company through market transactions, private agreements, other treasury issuances or otherwise.

This news release is issued pursuant to National Instrument 62-103 – The Early Warning System and related Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators, which also requires an early warning report to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the early warning report in respect of the foregoing matters will be available on ZTEST’s issuer profile on SEDAR at www.sedar.com.

For more information contact:

Ted Drzazga, CEO

(416) 297-5155

email: info@ztest.com

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

To view this press release as a PDF file, click onto the following link:

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