Integral Technologies, Inc. (OTCPK:ITKG) announced that it has entered into securities purchase agreement with Lucas Hoppel for a private placement of original issue discount convertible notes for gross proceeds of $80,000 on September 2, 2016. The notes carries principal amount of up to $88,000 and carries an original issue discount of 8,000. The company will issue 10% note due on December 13, 2016. The company will also issue 100,000 common shares. In the event of default, the balance of the promissory note will increase by 140%. On December 13, 2017, the company announced that it has extended the maturity date to January 30, 2017. On January 27, 2017, the company announced that it has extended the maturity date to March 2, 2017.