Monday, June 23, 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

Video Articles

Tudor Gold x American Creek: Consolidating A Massive Gold Project

Aura Minerals: The Era Dorada Underground PEA

Gold Is Now Smart Money’s End Game | Doug Casey

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Is The Stock Market Too Frothy? – The Daily Dive feat G. Scott Paterson of QYOU Media

Today, host Cassandra Leah is joined by G. Scott Paterson. Paterson is a highly experienced...

Saturday, December 19, 2020, 03:00:00 PM

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 Lifts Q1 2022 Revenue Guidance By 51%

Business appears to be absolutely booming for Qyou Media (TSXV: QYOU). The youth-oriented media firm...

Thursday, September 30, 2021, 08:17:04 AM

QYOU Media Hits New Ratings High For Flagship TV Channel In India

Success continues to be seen by QYOU Media (TSXV: QYOU). The firm this morning revealed...

Monday, April 18, 2022, 08:19:36 AM

Qyou Media Reports Preliminary Revenue Guidance Beat Of 26.7% For Calendar Q4 2021

Preliminary data on calendar fourth quarter results has been released by Qyou Media (TSXV: QYOU)...

Thursday, March 10, 2022, 08:57:30 AM