Quizam Media Closes $1.15 Million Private Placement

Vancouver, BC - TheNewswire - July 29th, 2020 - Quizam Media Corporation ("the Company") (CSE:QQ) (CNSX:QQ.CN) is pleased to announce that it has closed its second and final tranche of its previously announced (July 7th, 2020) financing for total gross proceeds of $1,150,000.

This final tranche consists of 1,275,000 units of the Company at a price of $0.20 per unit. Each unit will consist of one common share and a 1/2 share purchase warrant exercisable at $0.30 for 18 months.

Subscription details for the second tranche are as follows: 3 Placees; Finders fees payable to Regents Park Securities Ltd. of London UK: 375,000 warrants with terms as stated above.

Shares and warrants issued as a result of this Private Placement will be subject to a four month hold period expiring November 30th, 2020.

About ontracktv and Quantum1 Cannabis

ontrackTV and quantum1 are wholly owned subsiduaries 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 Quantum1 (www.quantum1cannabis.com)

CSE Trading Symbol: QQ

Telephone: (604) 683-0020

Email: ir@quizammedia.com www.quizammedia.com

Facsimile: (604) 683-0045

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.

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