NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Urbana Corporation ("Urbana") (TSX:URB)(TSX:URB.A)(TSX:URB.WT.A) announced today
that it is withdrawing its previously announced offering of Class A non-voting
shares of Urbana (the "Offering"). Urbana has determined that due to current
market conditions, the price at which it could complete the Offering would
result in too much dilution to existing shareholders to justify proceeding with
the Offering.


Urbana is an investment fund corporation that is listed on the Toronto Stock
Exchange. Urbana's current investment focus is acquiring interests in private
and public exchange properties around the world for long-term gains. Currently,
Urbana's portfolio includes shares or seats of NYSE Euronext, TMX Group, Chicago
Board Options Exchange and The Bombay Stock Exchange, among others.


Caldwell Investment Management Ltd. ("CIM") is the investment manager of Urbana.
Thomas S. Caldwell, the Chairman of CIM is also the Chairman and President of
Urbana.
Urbana (TSX:URB.A)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024 Click aqui para mais gráficos Urbana.
Urbana (TSX:URB.A)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024 Click aqui para mais gráficos Urbana.