Urbana Corporation
TSX : URB
TSX : URB.A
TSX : URB.WT

Urbana Corporation

April 12, 2007 18:02 ET

Urbana Corporation Purchases Additional CBOE Membership

TORONTO, ONTARIO--(CCNMatthews - April 12, 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 that it has entered into an agreement to purchase another seat on the Chicago Board Options Exchange ("CBOE"), a private entity.

The total cost of this purchase is approximately US $2,200,000.

Urbana now owns a total of 6 CBOE seats in its portfolio.

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.

Forward Looking Statements

Certain statements in this press release constitute "forward-looking" statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Urbana to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There is no assurance that the seat purchase announced will be completed, or that if completed, such seat purchase will be a profitable investment for Urbana. Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking statements.

Disclaimer: This e-mail (including attachments, if any) is confidential, may be privileged and is intended for the above-named recipient(s) only. Any distribution, use or copying of this e-mail or the information it contains by other than the intended recipient(s) is unauthorized. If you have received this e-mail in error, please advise the sender by return e-mail immediately. Caldwell Securities Ltd. will not accept any trading instructions by way of e-mail or voice-mail. If you would like to buy, sell or switch any positions in your account, please contact your Investment Advisor by telephone.

Contact Information

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