Integral Technologies, Inc. (OTCPK:ITKG) announced that it has entered into a subscription agreement for a private placement of 817,391 units at a price of $0.115 per unit for gross proceeds of $94,000 on August 22, 2016. Each unit consists of one common share and one one quarter share purchase warrant at $0.001 per warrant to purchase 204,348 common shares on or before May 31, 2017 at an exercise price of $0.30 per warrant. The company will issue the securities pursuant to exemption from registration under Section 4(a)(2) and Rule 506 of Regulation D.