TORONTO, October 13, 2022 /CNW/ – Lingo Media Corporation (TSXV: LM) (OTC: LMDCF) (FSE: LIMA) (“Lingo Media“or the”Company“), www.lingomedia.com, an edutainment and edtech language learning content development company, is pleased to announce that it has filed a notice of name change to Everyone loves Languages Corp. with the TSX Venture Exchange. As part of the name change, effective at the start of negotiations on October 17, 2022Everybody Loves Languages Corp. will begin trading on the TSX Venture Exchange under the new symbol “TO ONEand continue to trade on the OTC markets under LMDCF and on the Frankfurt Stock Exchange under LIMA.
The Company’s management believes that it is beneficial for the Company to change its name as it expands its product offerings through its subsidiaries Everybody Loves Languages Ltd. and Everybody Loves Languages Inc., in addition to the positive messages associated with its branding. This name change will help streamline communications with clients as well as with the investment community.
Along with the name change, the company launched a new, redesigned website at www.everybodyloveslanguages.com. The company’s new website features a streamlined, modern design and enhanced functionality to reflect the evolution of society and the positive energy that the new name entails. With a pleasing mix of images, graphics and content, the new site simplifies the features and benefits of ELL’s products and includes a list of its management team and board of directors in the investors section.
“We were looking to rebrand the company with a name that represents the passion and commitment we have for language learning,” said Gali Bar ZivPresident and CEO of Everybody Loves Languages Corp. “Everybody Loves Languages embodies our commitment to providing language learning solutions for schools, colleges and universities, as well as businesses, that are engaging, impactful and goal-oriented.”
Everybody Loves Languages’ new CUSIP number is 30042G101 and its new ISIN number is CA30042G1019. Certificates representing common shares of the Company will not be affected by the name and symbol change and will not have to be exchanged. No further action is required from existing shareholders with respect to the name change and there is no change in the share capital of the Company.
About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; ESF: LIMA):
Everyone loves Languages Corp.(“TO ONE“) is a language learning and edtech content development company enabling language educators to easily transition from traditional teaching methods to digital learning by integrating education, entertainment and technology.
The company provides online and print solutions through two separate business units: Everybody Loves Languages Inc. and Lingo Learning Inc. is a cutting-edge technology platform that delivers personalized learning experiences in the classroom and online. Its programs provide innovative SaaS-based e-learning solutions, including online and offline content, a learning management system, assessments, real-time reports, voice recognition technology and white label tools. At the same time, Lingo Learning Inc. is the content development arm that publishes English learning materials printed in China.
Everybody Loves Languages Corp. has established successful relationships with key government and industry organizations internationally, with a presence in LATAM and Chinaand continues to expand its market reach and expand its product offering.
For more information on Everyone loves languagesvisit: www.everybodyloveslanguages.com
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YouTube: Everyone Loves Languages (ELL)
Portions of this press release may contain “forward-looking statements” within the meaning of securities laws. These statements involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance or expectations implied by these forward-looking statements. These statements are based on management’s current expectations and involve certain risks and uncertainties. Actual results may differ materially from management’s expectations and projections and, accordingly, readers should not place undue reliance on forward-looking statements. Everyone Loves Tongues tried to identify these forward-looking statements using words such as “may”, “should”, “expect”, “hope”, “anticipate”, “believe”, “has ‘intent to’, ‘plans’, ‘estimate’ and similar expressions. Everybody Loves Languages’ expectations depend on general economic conditions, continued and growing demand for its products, the retention of its key management and operating personnel, its need for and the availability of additional capital and other uncontrollable or unknown factors. No guarantee can be given that actual results will follow the forward-looking statements. Except as required by securities laws, Everybody Loves Languages undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, a change in circumstances or for any other reason.. Certain factors that may affect the Company’s ability to achieve the expected results are described in the Company’s filings with Canadian securities regulators available at www.sedar.com.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER (AS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCELingo Media Corporation
For further information: Corporate Communications, Li Lu, Tel. : (647) 526-9846, Email: [email protected]; Media Relations, Dwain Schenck, tel. : (203)-223-5230, email: [email protected]