SOURCE: Urban Communications Inc.

Urban Communications Inc.

August 18, 2015 19:18 ET

Urban Communications Inc. Announces Engagement of Investment Banker

VANCOUVER, BC--(Marketwired - August 18, 2015) - Urban Communications Inc. (TSX VENTURE: UBN) announces that it has engaged Cormark Securities Inc., a leading independent investment dealer in Canada, as its financial advisor to provide strategic and capital markets advice to the Company. The Company has had discussions with third parties regarding possible strategic transactions, but no formal agreements have been entered into, and there is no assurance that any such discussions will lead to a transaction.

Cormark Securities Inc. counsels Canadian and international institutional investors and a wide variety of growth oriented companies. It ranks as one of Canada's foremost mergers and acquisitions advisors and leading Canadian mid-cap underwriters and brokers.

ABOUT URBAN COMMUNICATIONS INC.

Urban Communications Inc. (TSX VENTURE: UBN) is a telecommunications company providing a full suite of Internet, voice, video and broadband application products over its state-of-the-art carrier grade fibre optic network to commercial, residential and public sector customers. The Company's fibre optic network covers 200 km. across metro Vancouver and Victoria. Urban has recently launched high-speed Internet service to residential and commercial subscribers on its network at 1,000 Mbps (1 Gbps).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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