/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
TORONTO, April 05, 2021 (GLOBE NEWSWIRE) — Urbana Company (TSX & CSE: URB & URB.A)
Urbana Company has accomplished the liquidation of its remaining fairness possession within the Bombay Inventory Trade (1,016,070 shares at roughly $10 per share).
This funding needed to be held in middleman entities (Urbana Mauritius Inc. and Caldwell India Holdings Inc.) based mostly in Mauritius.
These entities will probably be wound up and funds repatriated to Canada for redeployment in different areas.
On behalf of Urbana’s Board of Administrators
Thomas S. Caldwell, C.M.
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Sure statements on this information launch represent “forward-looking” statements that contain recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements of Urbana to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Except required by relevant securities regulation, Urbana doesn’t assume any obligation to replace these forward-looking statements.
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