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

CIBT places No. 334 on The Globe and Mail’s second-annual ranking of Canada’s Top Growing Companies

September 25, 2020

Vancouver, B.C., September 25th, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") is pleased to announce it placed No. 334 on the 2020 Report on Business ranking of Canada’s Top Growing Companies.  Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth.  CIBT earned its spot with a three-year growth of 97%.   “We are honored to be named one of Canada’s Top Growing Companies by the Globe...

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CIBT RANKS #33 ON THE 2020 BUSINESS IN VANCOUVER LIST OF TOP 100 FASTEST-GROWING COMPANIES IN B.C.

September 10, 2020

Vancouver, B.C., September 10th, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") is pleased to report that the Company is named one of Top 100 Fastest-Growing Companies in the August 31st, 2020 edition of Business in Vancouver. The Top 100 Fastest-Growing Companies list is one of Business in Vancouver’s signature annual features. It recognizes B.C. companies with the greatest percentage of revenue growth over the past five fiscal years....

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CIBT Education Group Subsidiary Receives CA$13.1M Investment

September 8, 2020

Vancouver, B.C., September 8th, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") is pleased to report that one of its subsidiary limited partnerships has received a US$10 million investment (approximately C$13.1 million).  The funds will be used by the new subsidiary to acquire two rental apartment buildings located in Vancouver, announced by CIBT on June 9th, 2020.  Details of the acquisition target, closing date and other information will be...

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CIBT Education Group Subsidiaries Receive $4.9 Million in Investments

September 1, 2020

Vancouver, B.C., September 1st, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") is pleased to report that its subsidiary, GEC Oakridge Limited Partnership, received a $3.9 million investment for the GEC® Oakridge project from an institutional investor last month. The total subscription funds received by this subsidiary to date, including this latest subscription, is $19.66 million. The rezoning application for this project is progressing according to schedule. The planning...

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CIBT Education Group Explores Potential to Spin-Off its Real Estate Subsidiary

August 24, 2020

Vancouver, B.C., August 24th, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") is pleased to announce the commencement of a review process to explore opportunities to enhance shareholder value. The objective of this undertaking is to evaluate opportunities to unlock the value of its wholly-owned education-real estate subsidiary, Global Education City Holdings Inc. (“Global Holdings”), by potentially spinning it off as a separately listed entity on a recognized North...

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CIBT Reports Financial Results for Third Quarter of Fiscal 2020

July 14, 2020

Vancouver, B.C., July 14th, 2020 - 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 third quarter of fiscal 2020 ended May 31, 2020 (collectively, the "Q3 Filing"). The following is selected financial information for the nine months ended May 31, 2020 ("Q3 2020") and comparative results. Please refer to...

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CIBT Subsidiary Signs Formal Agreement to Purchase the 15th and 16th GEC branded Buildings in Metro Vancouver

June 10, 2020

Vancouver, BC, June 9th, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") is pleased to report that one of its subsidiaries has signed a binding agreement to purchase two apartment buildings located in Metro Vancouver (“GEC® Project #11”).  This transaction marks the eleventh GEC® branded project in Metro Vancouver comprising, upon closing, a total of sixteen buildings located in Burnaby, Vancouver, Richmond and Surrey.  This transaction scheduled to close...

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CIBT Group Provides Answers to Frequently Asked COVID-19 Related Questions

May 26, 2020

Vancouver, BC, May 26th, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") provides the following answers to questions frequently asked by our shareholders with respect to the impact of COVID-19 on the Company. Present situation:   Q: Is the pandemic affecting rent collection at properties in the GEC® student apartment portfolio? A: In the traditional rental apartment scenario, some tenants are facing financial hardship and are under the pressure...

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CIBT Group Pledges its Support to Take a Stand Against Racism

May 21, 2020

Vancouver, BC, May 21, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") pledges its support to take a stand against racism.  The following statement was issued today by the Business Council of British Columbia: B.C. business and community leaders take a stand against racism We Say No to Hate… It Must Stop Now   As business and community leaders, British Columbians, and human beings we cannot sit idly by....

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CIBT Named One of The Americas’ Fastest Growing Companies 2020 by Financial Times

May 4, 2020

  Vancouver, BC, May 4, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) ("CIBT" or the "Company") is pleased to report that the Company was ranked number 372 among the Americas' Top 500 Fastest-Growing Companies 2020 by the Financial Times. The ranking included companies from across the United States, Canada, Mexico and South America, including Brazil and Colombia. This prestigious ranking comes at an unprecedented time for many companies, yet highlights the innovation...

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