Vancouver, British Columbia (FSCwire) - CIBT Education Group Inc. (TSX: MBA,
OTCQX International: MBAIF) (“CIBT” or the “Company”) is pleased to announce that its wholly owned subsidiary, Global Education
Alliance Inc. (“GEA”), has signed a formal exclusive global recruitment agreement (“Agreement”) with Vancouver Academy of
Music. The Agreement allows GEA to recruit international students for VAM exclusively for a period of 5 years, extendable
to 10 years by mutual agreement. GEA will also cooperate with Vancouver Academy of Music to develop certain programs to
expand the school’s offering such as summer camp programs and overseas exchange programs.
About Vancouver Academy of Music:
Founded in 1969, the Vancouver Academy of Music (“VAM”) is a non-profit institution that has been spreading a love of learning
and musical excellence for generations of aspiring musicians. Minutes away from downtown in a traffic-calmed location, VAM
is housed in a spacious facility with teaching studios, large classrooms, a library, two performance halls, and the inspiring
scenic backdrop of Vanier Park.
VAM’s purview extends beyond British Columbia with national and international strategic partnerships with the Royal
Conservatory of Music (Toronto) and the Haw Par Music Foundation (Hong Kong). These partnerships provide VAM students with unique
opportunities to engage with world-renowned artists in cultural exchanges that take place at internationally acclaimed
performance venues. Regionally, the VAM Symphony Orchestra (VAMSO) provides a professional training environment that is annually
showcased in a four-concert series at the historic Orpheum Theatre that attracts over 10,000 audience patrons.
For students who are considering a career in music, S.K. Lee College at the Vancouver Academy of Music (VAM) offers
two programs:
- a four-year Music Performance Diploma (MPD) for high school graduates, and,
- a two-year Artist Music Diploma (AD) for students who already have a B.Mus. degree.
A Bachelor of Music (B.Mus.) degree can be earned from Thompson Rivers University, Open Learning, by block
transferring your MPD credits to TRU-OL and adding 7 specific non-music courses.
About CIBT Education Group:
CIBT Education Group Inc. is one of the largest education and student housing investment companies in Canada,
focused on the global education market since 1994. Listed on the Toronto Stock Exchange and U.S OTCQX International, CIBT
owns business and language colleges, student housing properties, recruitment centers and corporate offices at 45 locations in
Canada and abroad. Total annual enrollment for the group exceeds 15,000 students. Its education providers include
Sprott Shaw College (established in 1903), Sprott Shaw Language College, Sprott Shaw College International, Urban International
School (Toronto), Vancouver International College and CIBT School of Business. Through these schools, CIBT offers business
and management programs in healthcare, hotel management, language training, Ontario high school diploma and over 150 career,
language and vocational programs. CIBT's property investments are owned by Global Education City Holdings Inc., an
investment holding and management company focused on developing education related real estate such as student hotels, serviced
apartments and education super centers totalling over $600 million. CIBT also owns Global Education Alliance (“GEA”) and
Irix Design Group ("Irix Design"). GEA recruits international students for many elite kindergarten, primary and secondary
schools, colleges and universities in North America. Irix Design is a leading design and advertising company based in
Vancouver, Canada. Visit us online at www.cibt.net, www.studenthotel.ca and watch our corporate video at http://cibt.net/about/.
Toby Chu
President, CEO and Chairman
CIBT Education Group Inc.
Investor Relations Contact: 1-604-871-9909 extension 318 or | Email: info@cibt.net
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/CIBT06072017.pdf
Source: CIBT Education Group Inc. (TSX:MBA, OTCQX:MBAIF)
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