(TheNewswire)
October 12th, 2022 – TheNewswire - Vancouver, BC - Quizam Media Corporation (“Quizam” or “the company”) (CSE:QQ) is pleased to announce it has entered into a shares-for-debt agreement totaling $25,000 with arm's-length parties regarding outstanding consulting fees and proposes to settle the debt through the issuance of 500,000 Common Shares (the "Shares") of the Corporation at a deemed price of $0.05 per share. The Shares issued will be subject to a 4-month-plus-1-day hold period from the date of issuance.
This shares for debt settlement, and subsequent issuance of the Shares, will not create a new Control Person.
About Quizam Media Corp.
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)
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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.
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