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KGIC solidifies Guru Kashi ESL agreement
KGIC Inc (C:LRN)
Shares Issued 179,169,923
Last Close 5/26/2016 $0.025
Friday May 27 2016 - News Release
Dr. Alex MacGregor reports
KGIC ANNOUNCES NEW STRATEGIC RELATIONSHIP WITH GURU KASHI UNIVERSITY, PUNJAB, INDIA
KGIC Inc., following a previously announced memorandum of understanding, has completed an education collaboration agreement with Guru Kashi University (GKU) in Punjab, India. The collaboration provides Guru Kashi University with an ESL-pathway centre facility in India, under the aegis of KGIC, to begin the integration and transition to KGIC's offerings early in the student's enrolment cycle.
Under the exclusive agreement, KGIC will provide integrated ESL courses to existing students of GKU, as well as provide the requisite ESL-pathway education to graduating students who are eligible for admission into Canadian universities and colleges. This unique relationship is material to the company's operations and will provide KGIC with immediate access to student bodies of 18,000 to 20,000 in India. It will also provide access to approximately 2,000 students expected to enroll in KGIC's ESL-pathway courses in Canada.
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