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Quizam Offers Shares for Debt

Tickers: XCNQ:QQ
Tags: #Media, #Marketing

Shares for Debt Settlement

Vancouver, BC - TheNewswire - July 7th, 2020 - Quizam Media Corporation ("Quizam" or "the company") (CSE: QQ) (CNSX:QQ.CN) is pleased to announce it has entered into a shares-for-debt agreement totaling $420,000 with arm's-length parties regarding outstanding consulting fees and proposes to settle the debt through the issuance of 2,100,000 Common Shares (the "Shares") of the Corporation at a deemed price of $0.20 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)

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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