TORONTO, Dec. 12,
2023 /PRNewswire/ -- Visionary Education Technology
Holdings Group Inc. (the "Company") (NASDAQ: GV), a private
education provider with technology of artificial intelligence and
life science on the cutting edge, today announced the Vice President of
Algoma University, along with a team of
executives, visited the Company. They conducted a thorough tour of
the two buildings located at 105 and 95 Moatfield Drive.
The Company successfully acquired the two buildings on
September 23, 2022. The two office
buildings with a total of approximately 433,000 square feet of
space at 95-105 Moatfield Drive, Toronto, which used to be the Canadian
headquarters of IBM and Kraft Heinz.
The purpose of the university team's visit is to explore
collaboration opportunities with the Company in educational
projects.
Algoma University, is a public
university with its main campus located in Sault Ste. Marie, Ontario, Canada. Algoma U is
a teaching-focused and student-centred post-secondary institution,
specializing in liberal arts, sciences, management and professional
degree programs. Algoma University has
three campuses in Ontario, each
with its own unique features. The two campuses that primarily
welcome international students are the Sault Ste. Marie campus and the Brampton campus.
The team from Algoma University was
deeply impressed by the facilities and business scale of the
Company. Both parties expressed a willingness to collaborate on
multiple projects.
Ms. Zhou, Chief Executive Officer and Chairman of the Board of
the Company commented: "We aim to develop the 95-105 buildings into
a leading comprehensive university facility in Toronto. As part of our strategic initiatives,
we plan to lease portions of the facility to third party university
educational organizations with whom we may join in providing
educational services. Algoma
University's open, innovative, and inclusive spirit aligns
well with the Company. We look forward to collaborating with
Algoma University to make a greater
contribution to the development of Canada's diverse ethnicities and
cultures."
About Visionary Education Technology Holdings Group
Inc.
Visionary Education Technology Holdings Group Inc.,
headquartered in Toronto, Canada,
is a private education provider located in Canada, with subsidiaries in Canada and market partners in China, 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 Department
Email: ir@farvision.ca
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SOURCE Visionary Education Technology Holdings Group Inc.