An anonymous director reports
QUIZAM'S 12:1 SHARE CONSOLIDATION RECORD DATE
Further to Quizam Media Corp.'s release on May 15, 2020, regarding the company consolidating its common shares, the
shares
will
start
to
be
traded
on
the
Canadian
Securities
Exchange
on
a
postconsolidated
basis,
under
the
new
Cusip
number,
749057501.
The company's
shares
are
expected
to
begin
trading
on
a
postconsolidated
basis
on
the
CSE
when
markets
open
on
May
29,
2020.
The company currently has 71,372,124 shares issued; postconsolidation, the company will have 5,947,677 common shares issued and outstanding.
No
fractional
shares
will
be
issued
and
any
fractions
of
a
share
will
be
rounded
down
to
the
nearest
whole
number
of
shares.
The
exercise
or
conversion
price
and
the
number
of
shares issuable
under
any
of
the
company's
outstanding
convertible
securities
will
be
proportionately
adjusted
upon
consolidation.
The company's name will remain unchanged.
The company will be issuing its shares on a pushout basis and shareholders will not be required to do anything with the common shares that they hold but all shareholders of record on the record date of June 1, 2020, will receive new share certificates from the company.
About Quizam Media Corp.
ontrackTV and Quantum 1 are wholly owned subsidiaries of Quizam Media Corp. ontrackTV uses high-quality video and live instructors to deliver computer and cannabis training on-line. In addition, Quizam is opening a chain of cannabis dispensaries under the name Quantum 1.
We seek Safe Harbor.
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