Urbana Corporation-Normal Course Issuer Bid Purchases
10 July 2013 - 1:49AM
Marketwired Canada
NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Urbana Corporation ("Urbana") has now completed the purchases allowed under a
Normal Course Issuer Bid ("NCIB") of 5,989,067 of the company's Class "A" shares
(TSX:URB.A) at an average price of $1.18 per share. The dollar amount of the
repurchased shares totals $7,076,437.
Urbana's buyback and cancellation of URB.A shares, combined with the previous
amounts purchased, now totals 24,476,902 shares, leaving 54,386,000 URB.A shares
currently outstanding.
Urbana Corporation will be able to re-apply for further NCIB purchases in late
August 2013.
Urbana's investment portfolio combines publicly traded and private holdings,
with a current focus on financial services.
On behalf of the Board of Directors
Thomas S. Caldwell, C.M.
FOR FURTHER INFORMATION PLEASE CONTACT:
Urbana Corporation
Elizabeth Naumovski
Investor Relations
416-595-9106
416-862-2498 (FAX)
www.urbanacorp.com
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