ZoomAway Announces Private Placement

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Oct 22, 2020
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VANCOUVER, BC / ACCESSWIRE / October 21, 2020 / ZoomAway Travel Inc. (TSXV:ZMA, Financial)(OTCQB:ZMWYF) (the "Company" or "ZMA") www.zoomaway.com, is pleased to announce that it will conduct a private placement on an exempt basis consisting of four million two hundred thousand units (4,200,000) Units. Each Unit is comprised of one common voting share and one share purchase warrant. The units are to be priced at CAD $0.02 and each warrant will be exercisable into one common voting share at a price of CAD $0.05 until the date that is 36 months following the closing of the offering. Closing may occur in one or more tranches with the first closing expected to occur on or about October 22nd, 2020.