Urbana Corporation

Urbana Corporation

March 30, 2007 16:05 ET

Urbana Corporation Announces Appointment of New Director

TORONTO, ONTARIO--(CCNMatthews - March 30, 2007) -

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) is pleased to announce the appointment by the Board of George M. Mencke as an independent Director of Urbana.

Mr. Mencke recently retired from the position of Executive Vice-President and Chief Financial Officer of McDonald's Restaurants of Canada Limited after a long and distinguished career with that company.

Previously, Urbana announced that Robert M. Callander had resigned as a Director of Urbana, effective March 23, 2007. Mr. Callander stepped down to provide a vacancy for Mr. Mencke to be appointed as a Director. Mr. Callander will continue his contribution to Urbana with respect to the company's mining interests.

Urbana is an investment corporation that is listed on the Toronto Stock Exchange. Urbana's current focus is buying seats and shares in private and public securities exchanges in North America and around the world.

Contact Information

  • Urbana Corporation
    Elizabeth Naumovski
    Investor Relations
    (416) 595-9106