CSE New Listing - Cloud Nine Education Group Commences Trading on the Canadian Securities Exchange - Video News Alert on InvestmentPitch.com

December 07, 2016 11:17 AM EST | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - December 7, 2016) - Cloud Nine Education Group (CSE: CNI) is the latest new listing on the Canadian Securities Exchange, and trades under the symbol "CNI". Cloud Nine is a Canadian company specializing in the development and sale of its cutting-edge Cloud Nine ESL Program.

InvestmentPitch Media has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Cloud Nine" in the search box. The video is also available for viewing on YouTube. (click here)



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The curriculum is technologically advanced and meets the needs of today's increasingly mobile student.

Tablets replace textbooks and the course content includes instructional videos and internet links which learners use to supplement their in-class studies. Because the curriculum is cloud hosted and dynamic, content revisions are provided instantly and at no additional cost to the monthly licensing fee students pay to access the curriculum.

The licensing fee provides a competitive alternative to the costs that students have traditionally been forced to endure for printed materials, which are static and often outdated by time students buy them.

The Company also owns and operates Cloud Nine College, an accredited ESL school located in Vancouver.

The company completed an IPO through Mackie Research Capital, raising gross proceeds of approximately $509,000, from the sale of 2,035,000 units at $0.25, with each unit consisting of one share and one-half a warrant, with each full warrant exercisable at $0.50 until May 2018.

Michael Hunter, President and CEO, stated: "The successful initial public offering marks an important milestone for the Company. With this financing complete, we have fulfilled our commitment to provide liquidity for our shareholders. Management's focus now is to exploit the opportunity we have identified in an ESL industry that generates billions of dollars in revenue and has a limited number of publishers servicing a base of students that extends around the world."

The shares are trading at $0.30, and with 32.1 million shares outstanding, the company is capitalized at $9.6 million.

For more information please visit the company's website www.cloudnineESL.com, contact Michael Hunter, President & CEO, at 604-377-5572 or email mhunter@c9eg.com.

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