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

CIBT Provides Update on Global Education City Richmond

April 3, 2019

Vancouver, BC, April 3rd, 2019 - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to report that deposit requirements for the Global Education City® project in Richmond, BC (“GEC Richmond” or the “Project”) have been completed by Global Education City (Richmond) Limited Partnership (the “LP”). A total of $60 million has been paid since February 2018. An overview of the Project follows: March 2018: The LP signed a Purchase...

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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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CIBT Reports Financial Results for Fiscal Year Ended August 31, 2018

November 30, 2018

November 29th, 2018, 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 “2018 Financial Report”) for the fiscal year ended August 31, 2018 (“Fiscal 2018”).  This news release should be read in conjunction with the 2018 Financial Report in its...

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CIBT Subsidiary Signs Formal Agreement to Acquire the 9th GEC Branded Property

November 1, 2018

Vancouver, BC – November 1st, 2018 – CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) is pleased to announce the signing of a formal Purchase and Sale Agreement for the purchase by GEC Langara Limited Partnership of two parcels of land to develop a highrise serviced apartment (the “Project”) near the corner of Cambie Street and 49th Avenue in Vancouver. The Project, named GEC® Langara, is located at the centre...

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CIBT Named One of Top 100 National and/or Global Companies in B.C. by Business in Vancouver Newspaper

October 30, 2018

October 30th, 2018, Vancouver, BC - CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) reports that the Company was named “Top 100 national and/or global companies operating in B.C. in 2018” in the October 16th 2018 edition of Business in Vancouver Newspaper. CIBT was ranked no. 71 among the top 100 national and/or global companies operating in British Columbia, with 500 B.C. employees in 2018. About CIBT Education Group: CIBT...

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