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QYOU Media to Raise $5 Million via Bought Deal


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Toronto, Ontario, Dublin, Ireland and Los Angeles, California (Newsfile Corp. - February 2, 2021) - QYOU Media Inc. (TSXV: QYOU) (the
Company or
QYOU ) has today entered into an agreement with Clarus Securities Inc., on behalf of a syndicate of underwriters including Canaccord Genuity Corp. and Gravitas Securities Inc. (collectively, the
Underwriters ), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 17,857,200 units (the
Units ) of the Company at a price of C$0.28 per Unit (the
Offering Price ) for aggregate gross proceeds to the Company of C$5,000,016 (the
Offering ). Each Unit will be comprised of one common share of the Company (a ....

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