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Quizam Closes $408,000 Private Placement



 

Vancouver, BC – TheNewswire - December 2nd, 2020 – Quizam Media Corporation (“the Company”) (CSE:QQ) (CNSX:QQ.CN)  is pleased to announce that the 1,700,000  Unit PP @ $0.24 is now closed.

 

The Unit Private Placement consists of 1,700,000 units of the Company at a price of $0.24 per unit. Each unit will consist of one common share and a ½ share purchase warrant exercisable at $0.40 for 18 months.

 

Subscription details are as follows: 4 Placees;  

Insider Blueskyview Software Corp. (Russ Rossi)  – 208,000 units;

  

Shares and warrants issued as a result of this Private Placement will be subject to a four month hold period expiring April 3rd , 2021.

 

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About ontracktv and Quantum1 Cannabis  

Quizam Media Corporation owns Quizam Entertainment, On-Track Corp. Training, OnTrackTV and Quantum 1 Cannabis. Through its wholly owned subsidiaries it is a producer, aggregator, marketer and broadcaster of movie entertainment and Online Virtual Learning. In addition, Quizam owns and operates a chain of BC Cannabis Dispensaries under the name Quantum1 (www.quantum1cannabis.com)

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and nature of potential acquisitions, joint ventures, partnerships, business dealings and financings, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.