Urbana Corporation Purchases an Additional Kansas City Board of Trade Membership
Toronto, Ontario – February 12, 2008 – Urbana Corporation (“Urbana”) (TSX: URB.A) is pleased to announce that it has entered into an agreement to buy another membership on the Kansas City Board of Trade (“KCBOT”) for approximately US$675,000. This purchase increases Urbana’s KCBOT stake to 9 memberships worth approximately CDN$6.1 million, representing a 4.7% ownership investment in the KCBOT.
The purchase of the KCBOT seat is subject to approval by the KCBOT’s Board of Directors.
Urbana is an investment corporation that is listed on the Toronto Stock Exchange. Urbana’s current focus is buying seats and shares in private and public securities exchanges in North America and around the world.
Elizabeth Naumovski, Investor Relations at 416-595-9106 for further information.