Update on the Non-Brokered Private Placement Offering.
Los Angeles, California and Toronto, Ontario--(Newsfile Corp. - March 12, 2025) - QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF), a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, announced today that further to the Company's news releases dated February 24 and 25, 2025, it has amended its previously announced Non-Brokered Private Placement Offering. The Offering will consist of up to 70 million Units of the Company at a price of $0.03 per Unit for aggregate gross proceeds of up to $2.1 million. Each Unit will be comprised of one (1) Common Share in the capital of the Company and three-quarters (3/4) of one common share purchase Warrant of the Company. Each Warrant will entitle the holder thereof to purchase one (1) Common Share at a price of $0.06 per Common Share for a period of 24 months from the closing date of the Offering.
The Offering is expected to close on or about March 18, 2025