SOURCE: Urban Communications Inc.

Urban Communications Inc.

February 22, 2016 19:17 ET

Urban Communications Inc. Announces Extension to Close Private Placement

VANCOUVER, BC--(Marketwired - February 22, 2016) - Urban Communications Inc. (TSX VENTURE: UBN) announces that it has received an extension from the TSX Venture Exchange until March 21, 2016, to close a private placement announced January 5, 2016.

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 200 km. state-of-the-art carrier grade fibre optic network in Metro Vancouver and Victoria to commercial, residential and public sector customers. 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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