Urban Select: New Director Elected

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 8, 2016) - Urban Select Capital Corporation (the "Company") (TSX VENTURE:CH) is pleased to announce that Esther Mei was elected as a director of the Company at the annual and special general meeting of shareholders of the Company (the "Meeting") held on July 7, 2016. Ms. Mei joins Min Kuang, John King Burns and David Yoo, who were all re-elected at the Meeting, on the board of directors of the Company. Also at the Meeting, SunRonkai LLP was reappointed as auditor of the Company and the Company's incentive stock option plan was re-approved.

ABOUT URBAN SELECT

Urban Select Capital Corporation is a listed investment issuer focused on investing growth capital into private and public companies in a broad range of sectors including consumer retail services, healthcare services, entertainment, media, art and leisure companies and fashion. Urban Select's management team is composed of investment professionals combining an Asian background with Western education and extensive experience in investment banking, venture capital and fund management in Canada, China and the U.S.

Neither the 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.