OTTAWA, April 03, 2018 – betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA) (the “Corporation” or “betterU”) is pleased to provide an update on the closing of the US$100M equity investment last announced on February 8th, 2018.

The Chairman of TUCapital, Kenny Ho, has confirmed to the Corporation that TUCapital (the ‘Fund’) has been established and that they have executed on the Subscription Agreement as of April 3rd, 2018. betterU’s Board of Directors Chairman Tony Keenan is currently in Guangzhou, China with Mr. Ho coordinating the details of the fund transfer which is expected to be within the upcoming 2-3 weeks subject to banking and legal requirements. The Corporation had previously announced that the agreements were to be completed by the end of March; however, deals of this size and nature do involve many people from multiple countries, processes, paperwork, banks and legal approvals which has had an impact on timelines. The Corporation has also been working with their own legal and banking teams in preparation for receipt of funds. Once funds have been received, the Corporation will update the market to the issuance the shares, subject to legal and governing body approvals.

The consummation of any financing, as contemplated, remains subject to TSXV approval, and among other conditions of the TSXV’s approval, disinterested shareholder approval.

About betterU

betterU, a global education to employment platform, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to complement school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities. and

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at

On behalf of the Board of Director,
betterU Education Corp.
Brad Loiselle, CEO


Investor Relations