Healthcare Integrated Technologies Inc. (OTCPK:HITC) announced that it has entered into a subscription agreement for a private placement of 1,500,000 common shares at a price of $0.1 per share for gross proceeds of $150,000 on December 2, 2020. The transaction included participation from an accredited or otherwise sophisticated investors. As a part of the transaction no finder's fee paid in the transaction. The transaction is subject to exemption provided under Regulation D.