Visionary Education Technology Holdings Group Inc. to Partner with Camosun College
July 06 2022 - 9:00AM
Visionary Education Technology Holdings Group Inc. (the “Company”)
(Nasdaq: VEDU), a private education provider located in Canada that
offers high-quality education resources to students around the
globe, today announced that on June 23, 2022, the Company, through
its wholly-owned subsidiary Farvision Education Group Inc., entered
into a non-binding Memorandum of Understanding (“MOU”) with Camosun
College, a public college located in Victoria, British Columbia,
Canada. Camosun College is accredited by the Province of British
Columbia to deliver various education programs to international
students who wish to obtain a two-year associates diploma, a
four-year university degree, or a post-graduate diploma and who may
eventually wish to transfer to another post-secondary institution
in British Columbia to pursue a bachelor's degree or master's
degree.
Pursuant to MOU, the parties agreed to develop a
cooperative arrangement whereby Farvision will establish “Study
Abroad Prep Schools” in China in which Chinese students will begin
their post-secondary education taking Camosun College courses for
one year before coming to Camosun College to complete their degree
programs at Camosun’s Vancouver campus. Earning a degree from
Camosun will enable those students to transfer to other
post-secondary institutions in British Columbia via the British
Columbia Council on Admission and Transfer (BCCAT) system. Under
the MOU Farvision and Camosun will explore other cooperation
projects, which are expected to include a Public Private
Partnership (“PPP”), a Camosun College-MTM Animation Game Joint
Collaboration Center, and an English for Academic Purpose (“EAP”)
program.
Mr. David Xu, Chief Executive Officer and Chief
Operating Officer of the Company, commented, “We are very pleased
to embark on a partnership with Camosun College to offer
diversified education programs and excited about the opportunity to
provide international students with recruitment pathways to pursue
education in Canada. The intended partnership with Camosun College
is a reflection of our effort to continue our growth plan to
collaborate with colleges and create more international academic
opportunities for students. This partnership will help fulfill our
mission to broaden access to the multicultural education system of
Canada and facilitate the achievement of students’ full potential.
Partnering with Camosun College will enable us to strengthen our
education programs and access more than 100 different programs,
certificates, and degrees offered by Camosun. We expect to help
international students prepare for having an education in Canada
and access to comprehensive education resources in the province of
British Columbia in Canada.”
About Camosun College
Camosun College is located in beautiful
Victoria, British Columbia with campuses on the Traditional
Territories of the Lekwungen and W̱SÁNEĆ peoples. We acknowledge
their welcome and graciousness to the students who seek knowledge
here. Each year Camosun welcomes over 1,200 Indigenous students
from First Nations, Métis, and Inuit groups, and over 2,100
international students from more than 80 countries. The college
welcomed its first students in 1971 and adopted the name “Camosun”,
a local Lkwungen (Songhees) First Nation name meaning “where
different waters meet and are transformed.” Today, Camosun College
offers over 160 innovative programs to help meet the needs of
students and communities in Victoria and beyond. For more
information, visit Camosun College’s website at
https://camosun.ca/.
About Visionary Education
Technology Holdings Group Inc.
Visionary Education Technology Holdings Group
Inc., headquartered in Markham, Canada, is a private education
provider located in Canada that offers high-quality education
resources to students around the globe. The Company aims to provide
access to secondary, college, undergraduate and graduate and
vocational education to students in Canada through technological
innovation so that more people can learn, grow and succeed to their
full potential. As a fully integrated provider of educational
programs and services in Canada, the Company has been serving and
will continue to serve both Canadian and international students.
For more information, visit the Company’s website at
https://ir.visiongroupca.com.
Forward-Looking Statements
All statements other than statements of
historical fact in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on the Company’s
current expectations and projections about future events that the
Company believes may affect its financial condition, results of
operations, business strategy and financial needs. Investors can
identify these forward-looking statements by words or phrases such
as “believes,” “expects,” “anticipates,” “estimates,”
“intends,” “would,” “continue,” “should,” “may,” or similar
expressions. The Company undertakes no obligation to update or
revise publicly any forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions investors that actual results may differ materially from
the anticipated results and encourages investors to review other
factors that may affect its future results in the Company's
registration statement and in its other filings with the SEC.
For more information, please
contact:
Visionary Education Technology Holdings
Group Inc.Investor Relations DepartmentEmail:
ir@farvision.ca
Ascent Investors Relations LLCTina
XiaoPresidentPhone: +1 917-609-0333Email:
tina.xiao@ascent-ir.com
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