Urbana Corporation Purchases Shares in Bovespa Holding S.A. Euronext
Toronto, Ontario –October 26, 2007 – Urbana Corporation (“Urbana”) (TSX: URB.A) is pleased to announce that it has purchased shares in the initial public offering (“IPO”) of Bovespa Holding S.A., the fastest growing equities and equity derivatives exchange in the Americas. Located in Sao Paulo, Brazil, Bovespa has been in existence since 1890. Prior to its IPO, Bovespa had been a privately held entity.
The total cost of this purchase is approximately US$3,400,000.
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.