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Message: Quizam Media increases financing to $240,000

Quizam Media Corp (5) (C:QQ)
Shares Issued 25,277,678
Last Close 5/19/2022 $0.07
Wednesday June 1 2022 - News Release

Mr. Russ Rossi reports

QUIZAM INCREASES THE PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT FROM $201,000 TO $240,000

The Quizam Media Corp. unit private placement, previously announced on May 12, 2022, is being increased from $201,000 to $240,000.

All other terms remain the same, including the fact that the unit private placement will be priced at six cents per unit. Each unit will consist of one common share and a one-half share purchase warrant, exercisable at 20 cents for 24 months. There will be a total of four million units issued.

Insider chief executive officer Russ Rossi (Blueskyview Software Corp.) will be subscribing to 755,000 units.

Quizam Media 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 on-line virtual learning.

In addition, Quizam Media owns and operates a chain of British Columbia cannabis dispensaries under the name Quantum1.

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© 2022 Canjex Publishing Ltd.

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