URBANA CORPORATION


Associated tags: Corporation, Information services, TSX, WIRE, NOT, FOR, News, URB

Locations: TORONTO, ON, CA

Urbana Corporation Has Filed 2024 First Quarter Interim Financial Statements

Retrieved on: 
Thursday, May 9, 2024

TORONTO, May 09, 2024 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
    TORONTO, May 09, 2024 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Urbana Corporation announces today that it has filed its unaudited interim Financial Statements and Management’s Discussion and Analysis for the three-month period ended March 31, 2024 with the applicable Canadian securities regulators.

Urbana Corporation Has Filed Audited 2023 Annual Financial Statements

Retrieved on: 
Tuesday, March 19, 2024

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
    TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Urbana Corporation announces today that it has filed its audited Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2023 with the applicable Canadian securities regulators.

Urbana Corporation Declaration of Dividend

Retrieved on: 
Thursday, January 4, 2024

TORONTO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Urbana Corporation ("Urbana" or the “Corporation”) (TSX and CSE: URB, URB.A) announces that today its Board of Directors has declared a dividend of twelve cents ($0.12) per share (the “2024 Dividend”), on the issued and outstanding Common and non-voting Class A shares of Urbana. The 2024 Dividend represents a 9% increase from the dividend the Corporation paid in 2023, which was $0.11 per share. The dividend is payable on the 31st day of January, 2024 to the Shareholders of record at the close of business on the 17th day of January, 2024. The ex-dividend date is the 16th day of January, 2024.

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
    TORONTO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Urbana Corporation ("Urbana" or the “Corporation”) (TSX and CSE: URB, URB.A) announces that today its Board of Directors has declared a dividend of twelve cents ($0.12) per share (the “2024 Dividend”), on the issued and outstanding Common and non-voting Class A shares of Urbana.
  • The 2024 Dividend represents a 9% increase from the dividend the Corporation paid in 2023, which was $0.11 per share.
  • Eligible Dividend Designation - pursuant to subsection 89(14) of the Income Tax Act of Canada (ITA) each dividend paid by Urbana qualifies as and is designated an eligible dividend for Canadian income tax purposes, as defined in subsection 89(1) of the ITA.
  • Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking statements.

Membership of the Integrated Grain Processors Co-operative Inc. (“IGPC”) votes in favour of pursuing the sale of the business of IGPC

Retrieved on: 
Tuesday, December 12, 2023

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation ("Urbana" or the “Corporation”) (TSX and CSE: URB, URB.A).

Key Points: 
  • Integrated Grain Processors Co-Operative Inc. (“IGPC”) is one of Urbana Corporation’s private equity holdings.
  • Urbana Corporation owns approximately an 18% equity stake in IGPC.
  • On Wednesday, December 6th, the membership of IGPC voted in favour of its Board of Directors pursuing the sale of the business of IGPC.
  • The sale process is expected to take a minimum of six months.

Urbana Corporation Has Filed 2023 Third Quarter Interim Financial Statements

Retrieved on: 
Thursday, November 9, 2023

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
    TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Urbana Corporation announces today that it has filed its unaudited interim Financial Statements and Management’s Discussion and Analysis for the nine-month period ended September 30, 2023 with the applicable Canadian securities regulators.

Urbana Corporation Announces the Revaluation of One of Its Investments

Retrieved on: 
Thursday, September 7, 2023

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES
    TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Urbana Corporation announces that today, it has revalued its investment in Blue Ocean Technologies LLC based on a recent equity raise transaction.
  • This revaluation has the impact of increasing Urbana’s net assets per share (“NAPS”) by approximately $0.93 (or approximately 11.9%) from its last published NAPS as at September 1, 2023.
  • Urbana publishes every Tuesday its NAPS as at the closing on the previous Friday.
  • This revaluation will be reflected in our next weekly NAPS calculation to be published on next Tuesday, September 12.

Urbana Corporation – Renewal Of Normal Course Issuer Bid

Retrieved on: 
Friday, September 1, 2023

TORONTO, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (“Urbana”) (TSX & CSE: URB & URB.A) announced today that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to conduct a normal course issuer bid to enable it to purchase up to 3,107,298 of its non-voting Class A shares (the “Class A Shares”), representing 10% of the public float, pursuant to TSX rules (the “Notice”).

Key Points: 
  • Purchases under the bid may commence on September 7, 2023, and will terminate on the earlier of September 6, 2024, the date Urbana completes its purchases pursuant to the notice of intention to make a normal course issuer bid filed with the TSX, and the date of notice by Urbana of termination of the bid.
  • Caldwell Securities Ltd. will make all purchases pursuant to the bid on behalf of Urbana.
  • Under a previous notice of intention to conduct a normal course issuer bid, Urbana sought and received approval from the TSX to purchase up to 3,139,548, Class A Shares for the period of September 7, 2022 to September 6, 2023.
  • As of August 28, 2023, Urbana has purchased 290,000 Class A Shares on the open market at an average purchase price of $3.95 per share under that bid.

Urbana Corporation Has Filed 2023 Second Quarter Interim Financial Statements

Retrieved on: 
Thursday, August 10, 2023

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES
    TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Urbana Corporation announces today that it has filed its unaudited interim Financial Statements and Management’s Discussion and Analysis for the six-month period ended June 30, 2023 with the applicable Canadian securities regulators.

Urbana Corporation Congratulates Blue Ocean Technologies on its new partnership with the Tokyo Stock Exchange

Retrieved on: 
Tuesday, August 8, 2023

TORONTO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation ("Urbana" or the “Corporation”) (TSX and CSE: URB, URB.A) congratulates Blue Ocean Technologies, LLC (“Blue Ocean”) of New Jersey on its new strategic partnership with the Tokyo Stock Exchange (the “Strategic Partnership”). As part of the new partnership, the TSE is expected to make a 5% investment into Blue Ocean Technologies. The transaction is anticipated to close September 2023. Urbana’s ownership remains at approximately 35% of Blue Ocean.

Key Points: 
  • NEW YORK and TOKYO, Aug. 7, 2023 -- Blue Ocean Technologies , LLC (BOT), a unique capital markets fintech leader in global afterhours trading, and the Tokyo Stock Exchange (TSE) announced today a strategic partnership expanding the trading customer base of both Blue Ocean ATS, the Blue Ocean trading platform, and TSE.
  • As part of the new partnership, the TSE will make a 5% investment into Blue Ocean Technologies.
  • In addition to Blue Ocean Technologies' growth within Japan, Blue Ocean has a presence in other key APAC markets such as South Korea and Hong Kong.
  • Blue Ocean Technologies is approximately 35% owned by Urbana Corporation, a Canadian, publicly traded investment company.

Urbana Corporation Has Approximately 35% Interest in Blue Ocean Technologies, LLC

Retrieved on: 
Tuesday, July 25, 2023

TORONTO, July 25, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES
    TORONTO, July 25, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Blue Ocean Technologies, LLC is one of Urbana Corporation’s private equity holdings.
  • Urbana Corporation owns approximately 35% of Blue Ocean Technologies, LLC.
  • Interactive Brokers, an automated global electronic broker and a client of Blue Ocean Technologies, LLC, announced today an expansion in their offering of nearly 24 hours a day trading, five days a week, for over 10,000 US stocks and exchange-traded funds.
  • Both Interactive Brokers and Robinhood Markets Inc. are using the services of Blue Ocean Technologies, LLC, through Blue Ocean ATS.