Quizam's 12:1 Share Consolidation Record Date

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(TheNewswire)

 

Vancouver, BC – TheNewswire - May 27, 2020 – QUIZAM MEDIA CORP. (QQ-CSE) (CNSX:QQ.CN) (the "Company") wishes to announce that further to the Company’s release May 15, 2020, regarding the Company consolidating its common shares; the shares will start to be traded on the Canadian Securities Exchange (“CSE”) on a post-consolidated basis, under the new CUSIP number 749057501.

 

The Company’s shares are expected to begin trading on a post-consolidated basis on the CSE when markets open on May 29, 2020.

The Company currently has 71,372,124 shares issued, post consolidation the Company will have   5,947,677 common shares issued and outstanding. No fractional shares will be issued and any fractions of a share will be rounded down to the nearest whole number of shares. The exercise or conversion price and the number of shares issuable under any of the Company’s outstanding convertible securities will be proportionately adjusted upon consolidation.  The Company’s name will remain unchanged.  

The Company will be issuing its shares on a push-out basis and shareholders will not be required to do anything with the Common Shares that they hold but all shareholders of record on the record date of June 1, 2020 will receive new share certificates from the Company.

  ---------------------------------------------------- |TSX.V Trading Symbol:QQ |Telephone: (604) 683-0020| |--------------------------------------------------| |Email:[email protected]|Facsimile: | |www.quizammedia.com |(604) | | |683-0045 | | |  | |--------------------------------------------------| |  |  | ----------------------------------------------------   

About Quizam Media Corp. 

ontrackTV and Quantum 1 are wholly owned subsidiaries of QUIZAM Media Corporation. ontrackTV uses high-quality video and live instructors to deliver computer and cannabis training online. In addition, QUIZAM is opening a chain of cannabis dispensaries under the name Quantum 1 (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.

Copyright (c) 2020 TheNewswire - All rights reserved.