Sunday, June 1, 2025

Latest

QYOU Media To Conduct $5.0 Million Bought Deal Financing

QYOU Media (TSXV: QYOU) this evening announced that it is conducting a bought deal financing. Lead by Canaccord Genuity and Gravitas Securities, the financing will see the company raise gross proceeds of $5.0 million.

Under the terms of the financing, the company will look to sell 17.9 million units of the company at a price of $0.28 per unit. Each unit is to contain one common share and one half of a common share purchase warrant. Each warrant is valid for a period of two years and contains an exercise price of $0.45 per share.

An over-allotment option has also been granted in connection with the financing.

Net proceeds from the financing are to be used to support the expansion and the growth of distribution contracts, ad sales, content licensing and branding efforts in India. Proceeds will also be used for working capital and general corporate purposes.

QYOU Media last traded at $0.345 on the TSX Venture.


FULL DISCLOSURE: QYOU Media is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover QYOU Media on The Deep Dive, with The Deep Dive having full editorial control. Additionally, the author personally holds shares of the company. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

One Response

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

QYOU Media Sets New Ratings Record For Fourth Straight Week

QYOU Media (TSXV: QYOU) continues to smash ratings records. After seeing explosive growth over the...

Thursday, April 29, 2021, 08:43:04 AM

QYOU Media Partners with ZEE5, It’s Sixth Major Platform in India

QYOU Media (TSXV: QYOU) announced this morning that it had signed with its sixth major...

Wednesday, August 7, 2019, 09:31:28 AM

QYOU Media: A Major Uplift In Viewership To Come? – The Daily Dive

Starting off the Daily Dive this week is frequent guest Curt Marvis, CEO of QYOU...

Monday, March 21, 2022, 01:30:00 PM

QYOU Media Increases Distribution To Nine Additional Cable Platforms

Qyou Media (TSXV: QYOU) this morning announced that its flagship channel, The Q India, has...

Thursday, December 17, 2020, 12:25:55 PM

QYOU Media: Growth To Continue Into 2022 – The Daily Dive

On this Daily Dive episode, Cassandra is joined once again by Curt Marvis, CEO and...

Thursday, December 23, 2021, 01:30:00 PM