PRESS RELEASE

Urbana Corporation announced today that it has applied to The Toronto Stock Exchange (the “TSE”) to have Urbana’s shares delisted from the TSE, effective at its close of business, November 29, 2000. The delisting terminates an association of Urbana with the TSE that has existed for over 40 years.

 

Urbana believes that the TSE’s new continuous listing requirements make it impossible for the company to maintain its listing. Accordingly, Urbana believes that it is in the shareholders’ best interests to terminate its TSE listing.

 

Urbana’s shares are listed on the Canadian Venture Exchange (“CDNX”) under the symbol URB and the company intends to continue its CDNX listing.

 

Urbana will continue to focus its efforts on running a successful self-funding exploration and investment company.

 

Thomas S. Caldwell
President

 

 

Investor Relations: (416) 595-9106