Urbana Corporation Purchases $2 million of the Toronto Stock Exchange and $2 million of the Montreal Exchange
Toronto,Ontario – August 27, 2007 – Urbana Corporation (“Urbana”) (TSX: URB/URB.A /URB.WT/URB.WT.A) is pleased to announce that it has initiated a position in the TSX Group Inc. (“TSX”) by purchasing 50,000 shares worth in excess of CDN$2 million. TSX is the holding company for the Toronto Stock Exchange and the TSX Venture Exchange.
Urbana also purchased 65,000 shares of the Montreal Exchange Inc. (“MXX”), the leading derivatives market in Canada. This brings Urbana’s total position in MXX to CDN$2.4 million.
Urbana is an investment corporation that is listed on the Toronto Stock Exchange. Urbana’s current focus is buying memberships and shares of private and public securities exchanges in North America and around the world.
Elizabeth Naumovski, Investor Relations at 416-595-9106 for further information.