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Jan 26, 2017 01:20 pm ET
IIROC Trading Halt - LRN
VANCOUVER, Jan. 26, 2017 /CNW/ - The following issues have been halted by IIROC:
Nov 11, 2016 08:30 am ET
KGIC Appoints New Interim CFO
TSX Venture ExchangeSymbol "LRN"
Nov 07, 2016 03:55 pm ET
KGIC Inc. Announces Receipt of Fairness Opinion for Proposed Restructuring
TORONTO, Oct. 31, 2016 /CNW/ - KGIC Inc. (the "Company") (TSX-V: LRN) confirms that it has received an independent fairness opinion from BDO Canada LLP ("Fairness Opinion") related to the capital restructuring and debt settlement offer ("Proposed Restructuring") made by the Company to the holders of outstanding unsecured convertible debentures, preferred shares and subordinated loans ("Unsecured Debt Securities"), as detailed in the Company's press release of September 26, 2016. The Fairness Opinion confirms and concludes that the Proposed Debt Settlement Plan is fair, from a financial point
Oct 17, 2016 09:13 am ET
KGIC Inc. Announces Proposed $9.725M Loan Facility
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) is pleased to announce that it has received a firm commitment from a third party lender for a proposed secured loan in the aggregate amount of up to $9.725 million (the "Loan"). Funding of the...
Oct 17, 2016 09:13 am ET
KGIC Inc. Announces Proposed $9.725M Loan Facility
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) is pleased to announce that it has received a firm commitment from a third party lender for a proposed secured loan in the aggregate amount of up to $9.725 million (the "Loan"). Funding of the Loan is conditional on the Company completing its previously announced capital restructuring and debt settlement plan (which is more fully described in the news release of the Company dated September 26, 2016) on or before October 31, 2016 (the "Debt Settlement Plan").
Sep 26, 2016 06:05 pm ET
KGIC Inc. Announces Plan for Capital Restructuring and $20.2M Debt Settlement
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) announces that it plans to execute a capital restructuring and debt settlement plan (the "Debt Settlement Plan") that it expects will preserve the value to the existing stakeholders, by improving the balance sheet and debt-equity ratio and facilitate required financing.
Sep 26, 2016 06:05 pm ET
KGIC Inc. Announces Plan for Capital Restructuring and $20.2M Debt Settlement
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) announces that it plans to execute a capital restructuring and debt settlement plan (the "Debt Settlement Plan") that it expects will preserve the value to the existing stakeholders, by improving...
Sep 01, 2016 06:42 pm ET
KGIC Announces Resignation of Director
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) - KGIC has accepted the resignation of Geoffrey Smith who was a director and interim Chairman of the Company. Mr. Smith will continue to serve the Company in a consulting role. Shan Padda...
Sep 01, 2016 06:42 pm ET
KGIC Announces Resignation of Director
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) - KGIC has accepted the resignation of Geoffrey Smith who was a director and interim Chairman of the Company. Mr. Smith will continue to serve the Company in a consulting role. Shan Padda will take on the role of interim Chairman.
Aug 16, 2016 09:00 am ET
KGIC Inc. Announces Second Quarter 2016 Financial Results
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) today announced financial results for the three and six months ended June 30, 2016. The Company's financial statements and management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2016 are available on SEDAR (www.sedar.com). The MD&A discusses both reported EBITDA and adjusted EBITDA that is designed to report normalized EBITDA that gives the reader a better sense for what are sustainable earnings. Financial references are in Canadian dollars unless otherwise
Aug 16, 2016 08:58 am ET
KGIC Inc. Announces Second Quarter 2016 Financial Results
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) today announced financial results for the three and six months ended June 30, 2016. The Company's financial statements and management's discussion and analysis ("MD&A") for the three and six...
Jul 15, 2016 09:24 am ET
KGIC Reviews Uhak.com Transaction and Issues Statement of Claim
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) and its new management has reviewed the details regarding disposition of certain KGIC assets in 2015, including the purported sale of Uhak.com (Korea) and believes the press release issued on...
Jul 15, 2016 09:24 am ET
KGIC Reviews Uhak.com Transaction and Issues Statement of Claim
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) and its new management has reviewed the details regarding disposition of certain KGIC assets in 2015, including the purported sale of Uhak.com (Korea) and believes the press release issued on October, 29th, 2015 pronouncing the sale of the agency may have been premature to the extent that the purported transaction has not been consummated.
Jul 07, 2016 09:22 am ET
KGIC Inc. Appoints New VP Finance and Internal Control
KGIC Inc. (TSX VENTURE:LRN) ("KGIC"), a leading provider of premium education services at its private English as a Second Language ("ESL") Schools, High School, Career Colleges and Community Colleges, High School in Ontario and British Columbia.,...
Jul 07, 2016 09:22 am ET
KGIC Inc. Appoints New VP Finance and Internal Control
KGIC Inc. (TSX VENTURE: LRN) ("KGIC"), a leading provider of premium education services at its private English as a Second Language ("ESL") Schools, High School, Career Colleges and Community Colleges, High School in Ontario and British Columbia., today appointed Shahzad Rashid, a Chartered Public Accountant in both private and public sectors, to the role of vice president, finance and Internal Control. A seasoned executive with extensive operational cost control and financial management experience, Shahzad joins KGIC to support the company's profitability strategy,
Jun 10, 2016 06:33 pm ET
KGIC Inc. Announces Second Stage Closing of Ongoing Convertible Debenture Private Placement Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) is pleased to announce that it has completed the second stage closing of its...
May 27, 2016 09:02 am ET
KGIC Announces New Strategic Relationship with Guru Kashi University, Punjab, India
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) is pleased to announce that, following a previously announced MOU, it has completed an Education Collaboration Agreement with Guru Kashi University (GKU) in Punjab, India. The collaboration provides Guru Kashi University with an ESL-Pathway Center facility in India, under the aegis of KGIC, to begin the integration and transition to KGIC's offerings early in the student's enrollment cycle.
May 27, 2016 09:01 am ET
KGIC Announces New Strategic Relationship with Guru Kashi University, Punjab, India
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) is pleased to announce that, following a previously announced MOU, it has completed an Education Collaboration Agreement with Guru Kashi University (GKU) in Punjab, India. The collaboration...
May 24, 2016 04:32 pm ET
KGIC Inc. Announces Positive First Quarter 2016 Financial Results
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) today announced financial results for the three months ended March 31, 2016. The Company's financial statements and management's discussion and analysis for the three months ended March 31, 2016...
May 24, 2016 04:32 pm ET
KGIC Inc. Announces Positive First Quarter 2016 Financial Results
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) today announced financial results for the three months ended March 31, 2016. The Company's financial statements and management's discussion and analysis for the three months ended March 31, 2016 are available on SEDAR (www.sedar.com). Financial references are in Canadian dollars unless otherwise specified.
May 10, 2016 08:28 am ET
KGIC Inc. Announces First Stage Closing of Convertible Debenture Private Placement Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) is pleased to announce that it has completed the first stage closing of its non-brokered...
May 02, 2016 08:30 am ET
KGIC Inc. Announces 2015 Financial Results
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) today announced financial results for the year ended December 31, 2015. The Company's financial statements and management's discussion and analysis for the year ended December 31, 2015 are available on SEDAR (www.sedar.com). Financial references are in Canadian dollars unless otherwise specified.
May 02, 2016 08:28 am ET
KGIC Inc. Announces 2015 Financial Results
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) today announced financial results for the year ended December 31, 2015. The Company's financial statements and management's discussion and analysis for the year ended December 31, 2015 are...
May 02, 2016 07:58 am ET
KGIC Inc. Announces Amendments to the Terms of Its Proposed Debenture Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) announces that it has amended the terms of the previously announced proposed...
Apr 21, 2016 06:28 am ET
KGIC Inc. Increases Size and Terms of Proposed Debenture Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) is pleased to announce that it has increased the size of its proposed non-brokered...
Apr 01, 2016 02:36 pm ET
KGIC Inc. Announces Proposed Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) today announced a proposed non-brokered private placement financing of convertible...
Mar 22, 2016 05:33 pm ET
KGIC Announces Director Resignation
KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) announces that Paul Haber has resigned as a director of the Company effective immediately. The Company thanks Mr. Haber for his service. About KGIC Inc. KGIC owns and operates private...