Year: 2006

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Keep up to date with the latest CIBT developments through our most recent news.

CIBT Signs MOU with Jingshan Royal School and Collingwood School

December 18, 2006

Capital Alliance Group Inc. (TSX-V: CPT) is pleased to announce that its subsidiary, CIBT School of Business and Technology Corp. ("CIBT") has signed a Memorandum of Understanding (MOU) with Jingshan Royal School of Beijing, China and Collingwood School of West Vancouver, BC. The MOU is to establish a joint summer school program during the summer of 2007 for a cross cultural exchange whereby students from Collingwood will travel to Beijing and Jingshan students will travel to...

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CIBT appoints new VP of Operations for China Head Office

December 15, 2006

Capital Alliance Group Inc. (TSX.V: CPT) is pleased to report that its subsidiary, CIBT School of Business and Technology Corp. ("CIBT"), will welcome Mr. David R. Thomas as its new Vice President of Operations at the company's China Head Office commencing August 1st, 2007. Mr. Thomas completed a distinguished 20 year career in the United States Air Force as a Management Research Analyst, responsible for evaluating and producing statistical analysis for organizational and production efficiencies. Further...

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CIBT Received Government Approval to Acquire Weifang Commercial School

November 14, 2006

Capital Alliance Group Inc. (TSX.V: CPT) reports that its subsidiary, CIBT School of Business and Technology Corp. ("CIBT"), has received official approval from the Weifang Education Bureau, a branch of the Weifang Municipal Government, in Shandong province, China to proceed with the closing of the previously announced acquisition of Weifang Commercial School ("WCS"). As reported on April 5th, 2006, CIBT School of Business & Technology Corp. will acquire majority ownership in Weifang Commercial School ("WCS") from...

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CIBT Provides Enrollment Update

September 19, 2006

CIBT School of Business & Technology Corp. ("CIBT"), a subsidiary of Capital Alliance Group Inc. (TSX-V: CPT) and a leading business school in China, is pleased to report that its total student enrollment in China for Q-1 has increased by over 50% as compared to the same enrollment period last year. As of September 8th, 2006, student enrollment in CIBT’s three campuses in Beijing, two campuses in Weifang, and five learning centers in other cities...

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CIBT Appoints New Vice President of Finance & Corporate Compliance

August 28, 2006

Capital Alliance Group Inc. (TSX.V: CPT) is pleased to report that its subsidiary, CIBT School of Business and Technology Corp ("CIBT"), has appointed Mr. Dennis Huang as its new Vice President of Finance & Corporate Compliance to take effect on October 1st 2006. Mr. Huang graduated with a Bachelor of Science degree from Zhongshan University, Guangzhou, China in 1982. He furthered his study at Jinan University, Guangzhou, China and received his Master of Economics degree (Management...

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CIBT SIGNS LETTER OF INTENT FOR US$10M INVESTMENT

July 6, 2006

Capital Alliance Group Inc. (TSX.V: CPT) and its subsidiary, CIBT School of Business & Technology Corp. ("CIBT"), announced that they have signed a Letter of Intent ("LOI") with a consortium of financial and strategic investors based in New York, Florida and Hong Kong. The LOI outlines the business terms for this consortium to make a US$10 million equity investment in CIBT. The LOI provides that, subject to the acceptance of the terms and conditions of the...

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CIBT Expands to New Location in China

May 30, 2006

Capital Alliance Group Inc. (TSX.V: CPT) reports that its subsidiary, CIBT School of Business and Technology Corp (“CIBT”), has signed an alliance agreement with Jiyuan Vocational and Technical College (“Jiyuan College”) located in Jiyuan City, Henan Province, China.  The agreement is for Jiyuan College to offer various educational courses provided by CIBT and its academic partners including Western International University, ITT Technical Institute and selected technical and vocational courses from WyoTech Inc. On May 24th, 2006...

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CIBT and WyoTech Program Named One of the Best Practices in China by the IFC

May 23, 2006

VANCOUVER, BC – May 23, 2006 -- Capital Alliance Group Inc. (TSX-V: CPT) is pleased to report that one of its subsidiaries in China, CIBT WyoTech Automotive Institute, was named one of the Best Practices in Automotive Education in China according to a case study report presented by the International Finance Corporation (IFC), a division of the World Bank Group.  CIBT WyoTech Automotive Institute (CIBT WyoTech) is a subsidiary of CIBT School of Business & Technology...

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CIBT Expands to New Location

May 1, 2006

Capital Alliance Group Inc. (TSX.V: CPT) reports that its subsidiary, CIBT School of Business and Technology Corp (“CIBT”), has signed an alliance agreement with Huazhong Agricultural University (“HAU”), whereby HAU’s Foreign Languages Department will offer CIBT’s 2+2 program to its students.  Under the 2+2 program, students will study CIBT curriculums for two years in HAU before transferring their earned credit toward one of CIBT’s overseas university partners to study for two more years and obtain an...

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CIBT Enters into LOI with Strategic Investor

April 18, 2006

Capital Alliance Group Inc. (TSX.V: CPT) and its subsidiary, CIBT School of Business & Technology Corp. (“CIBT”), announced that CIBT has entered into a Letter of Intent (“LOI”) with a strategic investor.  The LOI outlines the business terms for this investor to make US$3.4 million equity investment in CIBT.  A formal agreement between Capital Alliance Group, CIBT and the investor is currently being prepared.  Subject to the acceptance of the terms and conditions of the formal agreement and due diligence approval, the...

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