Urbana Corporation Purchases Membership in Bermuda Stock Exchange
Toronto, Ontario – June 18, 2007 – Urbana Corporation (“Urbana”) (TSX: URB/URB.A /URB.WT) is pleased to announce that it has initiated a position in the Bermuda Stock Exchange (“BSX”). Established in 1971, the Bermuda Stock Exchange is the world’s leading fully electronic offshore securities market.
The total cost of this purchase is approximately US $200,000 or 1% of the BSX.
The BSX is a member of the World Federation of Exchanges. The World Federation of Exchanges, is the trade organization for regulated securities and derivative markets, settlement institutions and related clearing houses, and their diverse services to capital markets.
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.
Please contact: Elizabeth Naumovski, Investor Relations at 416-595-9106 for further information.