Year: 2019

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

CIBT Reports Financial Results for First Quarter of Fiscal 2019

January 15, 2019

Vancouver, B.C., January 14, 2019 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that it has filed on SEDAR its consolidated financial statements and related management’s discussion and analysis for its first quarter ended November 30, 2018 (collectively, the “Q1 Filing”).   The following is selected financial information for the first quarter of fiscal 2019 ended November 30, 2018 (“Q1 2019”) and comparative results.  Please refer to...

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CIBT Subsidiary Signs Agreement to Purchase Three Parcels of Lands to develop GEC Oakridge for $103 Million

January 7, 2019

Vancouver, BC – January 7th, 2019 – CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) is pleased to announce the signing of three property purchase agreements for an aggregate purchase price of $30.3 million. These lands will be the site of the development of a highrise serviced apartment (the “Project”) near the corner of Cambie Street and West 42nd Avenue in Vancouver, to be owned by GEC Oakridge Limited Partnership (formerly...

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CIBT Provides Update on Global Education City (Richmond)

January 3, 2019

Vancouver, BC, January 3rd, 2019 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that one of its real estate investment projects, Global Education City® (Richmond) (the “Project”), located in Richmond, BC received its Development Permit in November 2018 and began excavation and site preparation during December 2018. The approvals are based on a community development plan under which seven high rise towers are to be established...

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