We have arranged a Private Placement with Ztest Electronics Inc (CSE: ZTE) for Smallcap Discoveries members only. Both Paul and Trevor will be participating in this offering.

Terms:

Non-brokered private placement (the "Offering") of up to 2,000,000 working capital units (the "WC Units") of the Company at a price of $0.25 per WC Unit for up to $500,000 to provide the Company with working capital.

Each WC Unit consists of one (1) common share of the Company priced at $0.25 per common share and one-half (0.5) of a common share purchase warrant. Each full warrant (a "WC Warrant") entitles the holder to acquire one (1) common share until eighteen (18) months from the closing of the Offering at a price of $0.30.

Eligible finders will be entitled to receive a fee of 7% cash and compensation options ("Compensation Options") equal to 7% of the number of WC Units sold under the Offering. Each Compensation Option entitles the holder to acquire a common share at $0.25 for eighteen (18) months from closing.

• Participation is for Accredited Investors only.

• Both Paul and Trevor will be participating.

• Size will be limited given the offering amount.

If you wish to participate please send a confirmation email, along with your requested amount to:

Trevor@smallcapdiscoveries.com and please CC: paul@smallcapdiscoveries.