Visionary Education Technology Holdings Group Inc. announced that on February 17, 2023, the Company has been selected by Camosun College, to help turn plans for an on-campus film studio with education components into a reality. The decision to move to the next stage of discussions with the Camosun College to build a film studio is the result of a Request for Pre-Qualification released in September 2022. The Request for Pre-Qualification invited respondents to become pre-qualified to design, build and fund a film studio and digital media education centre in exchange for a 99-year lease with Camosun College.

It is anticipated that the discussions will result in a formal agreement with Camosun, which will finalize the scope, timeline and cost to build a film studio with education components.