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Shares for Debt Settlement Complete



Vancouver, BC - TheNewswire - August 5th, 2020 - Quizam Media Corporation ("Quizam" or "the company") (CSE:QQ) (CNSX:QQ.CN) is pleased to announce its recently announced shares-for-debt settlement is now complete. 2,100,000 shares have been issued to 3 arms length parties in return for $420,000 of debt being extinguished. The Shares issued will be subject to a 4-month-hold period expiring December 6th, 2020.

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.