Quizam Cancels 152,500 Options to Employees and Consultants

CSE Trading Symbol: QQ

Telephone: (604) 683-0020

Email: ir@quizammedia.com

www.quizammedia.com

Facsimile: (604) 683-0045

August 19th, 2020 Vancouver, BC - Quizam Media Corporation ("the Company") (CSE: QQ) announces that it has cancelled 152,500 incentive stock options. These options were originally granted back in November 2018 and February 2018 to directors, consultants and employees.

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)

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.

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