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Enter Symbol
or Name
USA
CA



EA Education Group Inc
Symbol EA
Shares Issued 159,065,868
Close 2015-03-27 C$ 0.26
Market Cap C$ 41,357,126
Recent Sedar Documents

ORIGINAL: EA Education to acquire GTA private school

2015-03-27 18:45 ET - News Release

Received by email:

File: 15.03.27 EA NR (Letter of Intent).docx

EA Education Group Inc.
3467 Commercial Street, Vancouver, B.C. V5N 4E8
Telephone: (604) 668- 5992 / Facsimile: (604) 871-9926
Email: info@eaedu.ca

 
March 27, 2015                                                                                                      Sy
--->mbol: EA
News Release
 
EA Education Announces Letter of Intent for Proposed Acquisition of a Private School
 
March 27, 2015- EA Education Group Inc. (the "Company" or "EA") (CSE: EA) is pleased to announce that it has entered i
--->nto a non-binding letter of intent (the "LOI") with an independent third party with respect to the proposed acquisitio
--->n of  a private school (JK-G8) that is located in Greater Toronto Area (the "Proposed Acquisition"). Upon completion o
--->f the Proposed Acquisition, the Company will own and operate its first full-time private school in the Greater Toronto
---> Area.

Completion of the Proposed Acquisition is subject to a number of conditions, including satisfactory completion of due 
--->diligence by the Company, execution of a definitive agreement that must be approved by the Board of Directors of the C
--->ompany, as well as any required regulatory approvals. 

About EA Education Group Inc. 
The Company is a leading Toronto-based provider of (i) international education services, (ii) comprehensive student ho
--->using services for international students in Canada. Its educational services are currently primarily for internationa
--->l junior and senior high school students, however it has an intention of widening the services it offers to include Ca
--->nadian students and other age groups. It is also an active promoter of international education & cultural exchange bet
--->ween Canada and China. 
The Company aims to be a high quality, one-stop educational services provider to students from overseas, aiding them i
--->n accessing prestigious Canadian educational institutes and the opportunity to learn under world-class learners. The C
--->ompany currently delivers to international high school students certain advisory and complimentary services that assis
--->t them in undertaking and improving their education experiences in both Canada and China. The Company provides service
--->s that bridge the gap between students' needs for practical training and employers' demand for trained professionals. 

On behalf of the Board of 
EA Education Group Inc.

 Per:
"Wen Xu"       
(Wendy) Wen Xu, Chair of the Board

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of t
--->his press release.

Certain statements in this news release, which are not historical in nature, constitute "forward looking statements" w
--->ithin the meaning of that phrase under applicable Canadian securities law. These statements reflect management's curre
--->nt assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown r
--->isks and uncertainties and other factors which may cause actual results, performance or events to be materially differ
--->ent from those expressed or implied by such forward looking statements. Except as required pursuant to applicable secu
--->rities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the
---> date hereof. More detailed information about potential factors that could affect financial results is included in the
---> documents filed from time to time with the Canadian securities regulatory authorities by the Company. Readers are cau
--->tioned not to place undue reliance on forward looking statements.
  



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