ZZLL Information Technology, Inc. (OTCPK:ZZLL) announced a private placement of 500,000 units at $0.04 per unit for gross proceeds $22,000 on March 23, 2018. Each unit consists of one common share and share purchase warrants. The company did not pay any commission in the transaction. The securities issued are restricted in nature. The company issued securities pursuant to exemption provided under Section 4(2) of the Securities Act of 1933.