Article content
/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
TORONTO, April 05, 2023 (GLOBE NEWSWIRE) — Urbana Corporation (“Urbana” or the “Corporation”) (TSX and CSE: URB, URB.A) congratulates the CSE and its management team on achieving a major milestone. The CSE will be launching a senior listing tier for its larger companies and later stage issuers. Going forward, the CSE will be able to meet the needs of these companies with the required listing policies appropriate for issuers of all sizes and at various stages of development.
Article content
This senior listing capability will also enable the CSE to list Exchange Traded Funds (“ETFs”).
“We have grown from our start-up roots to the senior tier. This is very much a case of us wanting to grow alongside our largest and most successful issuers,” said Richard Carleton.
“Urbana Corporation has been invested in the CSE since 2008, and we are excited for the CSE and this new chapter in their business model,” said Thomas S. Caldwell, Chairman of Urbana Corporation.
The CSE is wholly-owned by CNSX Markets Inc. (“CNSX”). Urbana currently owns 13,480,878 CNSX common shares, representing 49.997% of the CNSX shares outstanding.
Urbana is looking forward to being listed on the new CSE senior listing tier.
On behalf of Urbana’s Board of Directors
Thomas S. Caldwell, C.M.
Article content
Please contact Elizabeth Naumovski, Investor Relations, at 416-595-9106 or [email protected] for further information.
Certain statements in this news 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. Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking statements.
150 KING ST. W., SUITE 1702, P.O. Box 47, TORONTO, ONTARIO M5H 1J9 TEL: 416-595-9106 FAX: 416-862-2498 www.urbanacorp.com
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
