Urbana Corporation Purchases Additional CBOE Membership
Toronto,Ontario – August 30, 2007 – Urbana Corporation (“Urbana”) (TSX: URB/URB.A /URB.WT/URB.WT.A) is pleased to announce that it has entered into an agreement to purchase another membership on the Chicago Board Options Exchange (“CBOE”), a private entity.
The total cost of this purchase is approximately US$2,500,000.
Urbana now owns a total of 12 CBOE memberships in its portfolio worth approximately CDN$31.7 million.
Urbana is an investment corporation that is listed on the Toronto Stock Exchange. Urbana’s current focus is buying memberships in private and public securities exchanges in North America and around the world.
Elizabeth Naumovski, Investor Relations at 416-595-9106 for further information.