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CIBT Education Group Provides Corporate Update on GEC Projects

February 18, 2020

Vancouver, B.C., February 18th, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to provide the following update relating to various student housing projects under development that are controlled by CIBT. “Below, we have highlighted our expansive and growing portfolio of student housing assets currently under development and the projected market value of each,” said Toby Chu, Chairman and CEO of CIBT Education Group. “With our core focus...

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CIBT Education Group Inc. Reports Director Election Results

February 14, 2020

Vancouver, BC, February 14, 2020 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT”) reports the director election voting results from its annual general meeting held today.  All of the director nominees, as listed in the management information circular dated December 23, 2019, were elected.  Proxy voting as to each of the director nominees was as follows:   Votes in Favour Votes Withheld Morris Chen 93.82% 6.18% Toby Chu 93.72% 6.28% Tony David...

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CIBT Reports Financial Results for First Quarter of Fiscal 2020

January 14, 2020

CIBT Reports Financial Results for First Quarter of Fiscal 2020 Vancouver, B.C., January 14, 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 first quarter of fiscal 2020 ended November 30, 2019 (collectively, the “Q1 Filing”). The following is selected financial information for the first quarter of fiscal...

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CIBT Subsidiary Limited Partnership Signs Formal Agreement to Sell Property for $70 Million

December 3, 2019

Vancouver, B.C. – December 3rd, 2019 – CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) is pleased to report that one of its limited partnership subsidiaries has signed a formal purchase and sale agreement to sell one of its GEC® branded properties (the “Property”) for $70 million.  As part of the transaction,  Global Education City Management Corp., a wholly-owned subsidiary of the Company, will enter into a master lease agreement...

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CIBT Reports Financial Results for Fiscal Year Ended August 31, 2019

December 2, 2019

December 2nd 2019, 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 audited consolidated financial statements (the “Annual Financial Statements”) and related Management’s Discussion & Analysis (“MD&A”) (collectively, the “2019 Financial Report”) for the fiscal year ended August 31, 2019 (“Fiscal 2019”).  This news release should be read in conjunction with the 2019 Financial Report in its...

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CIBT Provides Update on its Normal Course Issuer Bid (Share Buy-Back)

November 29, 2019

Vancouver, B.C. – November 29th, 2019 – CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) wishes to announce the suspension of the Company’s normal course issuer bid (share buy-back) which commenced December 14, 2018, in order to allow the Company to pursue a certain transaction.  Since December 14, 2018, the Company has purchased a total of 2.643 million common shares from the open market. About CIBT Education Group: CIBT Education...

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CIBT Ranks #35 on the 2019 Business in Vancouver Top 100 Most Profitable Companies in B.C. List

November 20, 2019

Vancouver, B.C. – November 20th, 2019 – CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) reports that the Company was named one of the “Top 100 most profitable companies in B.C.” in the November 12th edition of Business in Vancouver. CIBT was ranked no.35 among the top 100 most profitable companies in B.C. with net income of $45.371 million in fiscal year 2018. About CIBT Education Group: CIBT Education Group...

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