01:02:57 EDT Tue 13 May 2025
Enter Symbol
or Name
USA
CA



Everybody Loves Languages Corp
Symbol ELL
Shares Issued 35,642,524
Close 2023-03-23 C$ 0.075
Market Cap C$ 2,673,189
Recent Sedar Documents

Everybody Loves Languages hires firm for market-making

2023-03-23 16:26 ET - News Release

Mr. Khurram Qureshi reports

EVERYBODY LOVES LANGUAGES ENGAGES RED CLOUD SECURITIES INC. FOR MARKET MAKING SERVICES AND GRANTS STOCK OPTIONS

Everybody Loves Languages Corp. has engaged the services of Red Cloud Securities Inc. to provide services as a market-maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Under the agreement, Red Cloud will receive a fee of $5,000 plus applicable taxes per month. The initial term of the agreement is three months from the date of execution with an option to renew.

The company also announces that its board of directors has approved the grant of 1.96 million incentive stock options to directors, employees and consultants of the company, of which 900,000 options are granted to officers and directors. The options will have an exercise price of eight cents per share and will vest quarterly over 18 months. The options will have a five-year term from the date of the grant.

About Everybody Loves Languages Corp.

Everybody Loves Languages is an edtech language learning and content development company, empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment and technology.

The company provides on-line and print-based solutions through two distinct business units: Everybody Loves Languages and Lingo Learning Inc. Everybody Loves Languages is a state-of-the-art technology platform that delivers personalized learning experiences in classrooms and on-line. Its programs provide innovative software-as-a-service-based eLearning solutions, including on-line and off-line content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. At the same time, Lingo Learning is the content development arm and co-publishes print-based English language learning materials in China.

Everybody Loves Languages has established successful relationships with key government and industry organizations internationally, with a presence in Latin America and China, and continues to expand its product offerings and extend its market reach.

We seek Safe Harbor.

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