Year: 2015

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

CIBT Subsidiary Expands Student Housing Portfolio to Burnaby Heights

December 10, 2015

December 10th, 2015: CIBT Education Group Inc. (TSX: MBA; OTCQX International: MBAIF) (“CIBT”) ”) is pleased to announce that Global Education City Holdings Inc. (“GEC Holdings”), a wholly owned subsidiary of CIBT, has signed a Purchase and Sale Agreement (“Agreement”) with a Vancouver developer through a recently formed limited partnership (the “LP”). The agreement provides for the LP to acquire a four-storey condominium project (“GEC Burnaby Heights”) that is under construction in North Burnaby. The...

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CIBT Signs Formal Agreement to sell one of its Subsidiaries

December 7, 2015

December 7th, 2015, Vancouver, BC: CIBT Education Group Inc. (“CIBT”) (TSX: MBA, OTCQX International: MBAIF) is pleased to announce that it has signed a formal Purchase and Sale Agreement with a global education services provider to sell one of CIBT’s education subsidiaries. This transaction is subject to certain regulatory approvals, receipt of which is expected to take approximately 3 months. Transaction funds are being held in escrow. Details of this transaction will be disclosed upon...

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CIBT Reports Financial Results for Fiscal Year Ending August 31st 2015

December 2, 2015

December 2nd, 2015, Vancouver, BC - CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) is pleased to report that it has filed on SEDAR its annual consolidated financial statements and related Management’s Discussion Analysis for its fiscal year ending August 31st 2015. To review the filing, please visit www.sedar.com. “Fiscal 2015 was a transformative year for the Company because of the successful integration of our self-sustaining education business with our...

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CIBT Subsidiary Expands its Student Housing Portfolio in Downtown Vancouver

November 19, 2015

Nov 19th, 2015: CIBT Education Group Inc. (TSX: MBA; OTCQX International: MBAIF) (“CIBT”) is pleased to announce that a wholly owned subsidiary of CIBT Education Group Inc. (“GEC Holdings”) has assumed management of a second downtown Vancouver hotel located at 718 Drake Street (corner of Granville Street and Drake Street). The hotel, formerly known as Best Western Plus Downtown Vancouver, will now operate under the name GEC Granville Suites ("GEC Granville"). The plan is for...

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CIBT Corporate Profile to be aired on BNN

November 16, 2015

Nov 16th, 2015: CIBT Education Group Inc. (TSX: MBA; OTCQX International: MBAIF) (“CIBT”) reports that it’s corporate profile will be featured in a 30-second clip daily on the Business News Network (“BNN”) beginning November 16, 2015 to December 14th, 2015 by CEO Clips. CEO Clips profiles some of the most innovative publicly traded companies in North America. The video clip can also be viewed online via this link: http://cibt.net/news/video/BNN.php About CIBT Education Group: CIBT Education...

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