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ZoomerMedia Ltd ZUMRF


Primary Symbol: V.ZUM

ZoomerMedia Limited is a multimedia company engaged in creating content, services, and experiences for Canada's audiences. Its segments include Television, Radio, Print, Membership & Royalty, Digital, and Other and Corporate operations. The Television segment consists of the specialty and conventional television stations (Vision TV, ONE TV, Joy TV in Vancouver, and FAITH TV in Winnipeg). The Radio segment consists of its four radio stations and is involved in the sale of advertising. The Print segment publishes ZOOMER magazine, On The Bay magazine and Tonic. The Membership & Royalty segment includes the operating activities of the Canadian Association of Retired Persons (CARP) as well as membership and marketing services to CARP. The Digital segment consists of the operations of the digital companies, FreshDaily, Buzz, Museland, Peak, and Curiocity and Titus. Other activities include the production of ZoomerShows, and other trade and consumer shows directed to the 45plus age group.


TSXV:ZUM - Post by User

Bullboard Posts
Post by nozzpackon Jun 09, 2020 7:26am
104 Views
Post# 31127574

Darwin Sale Accepted

Darwin Sale Accepted
ZoomerMedia Ltd
Symbol ZUM
Shares Issued 264,330,297
Close 2020-06-08 C$ 0.06
Recent Sedar Documents

 

ZoomerMedia sale of Darwin CX

 

2020-06-09 02:25 ET - Property Agreement

 

The TSX Venture Exchange has accepted for filing documentation pertaining to the filing of the asset purchase agreement dated May 18, 2020, between ZoomerMedia Ltd. and Irish Studio LLC (the purchaser), an arm's-length party to the company. Pursuant to the agreement, the purchaser will acquire all of the assets of the company's wholly owned subsidiary, Darwin CX Inc., for a total consideration of $7,465,000, of which $700,000 was paid to the company concurrently on signing of the agreement. The remainder of the consideration will be paid at closing in a combination of cash and a promissory note for $1.28-million issued by the purchaser.


Bullboard Posts