Toronto, Ontario – Urbana Corporation (TSX Venture: URB) pleased to announce its wholly-owned subsidiary, Urbana America Inc., has purchased a seat on the New York Stock Exchange.
Management of Urbana Corporation views this purchase, through its nominee, as a long-term investment with both income and capital gains potential.
This purchase by Urbana Corporation, in conjunction with its continuing mineral exploration activities, illustrates our company’s long-term balance between investment and natural resource activities.
The purchase price for the New York Stock Exchange Seat was $1.5 Million (U.S.).
Please contact Thomas S. Caldwell at (416) 595-9106 for further information.
This press release has not been reviewed by the TSX Venture Exchange.