An anonymous director reports
QUIZAM CLOSES TRANCHE 1 OF THE PRIVATE PLACEMENT
Tranche 1 of Quizam Media Corp.'s $1.15-million
private placement has closed. This tranche is $895,000 for 4,475,000 units.
This tranche consists of 4,475,000 units of the company at a price of 20 cents per unit.
Each unit will consist of one common share and one-half of a share purchase warrant exercisable at 30 cents for 18 months.
Number of placees: 17
Insider participation by Blueskyview Software Corp. (Russ Rossi): 125,000 units
Shares and warrants issued as a result of this private placement will be subject to a four-month hold period, expiring Nov. 17, 2020.
The company expects to close tranche 2, the balance of the private placement, within the coming days.
We seek Safe Harbor.
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