{"id":470961,"date":"2021-04-05T12:14:58","date_gmt":"2021-04-05T16:14:58","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470961"},"modified":"2021-04-05T12:14:58","modified_gmt":"2021-04-05T16:14:58","slug":"urbana-corporation-winds-up-investment-in-bombay-stock-exchange","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\/","title":{"rendered":"Urbana Corporation Winds Up Investment in Bombay Stock Exchange"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.\/<\/p>\n<p align=\"justify\">TORONTO, April  05, 2021  (GLOBE NEWSWIRE) &#8212; Urbana Corporation (TSX &amp; CSE: URB &amp; URB.A)<\/p>\n<p align=\"justify\">Urbana Corporation has completed the liquidation of its remaining equity ownership in the Bombay Stock Exchange (1,016,070 shares at approximately $10 per share).<\/p>\n<p align=\"justify\">This investment had to be held in intermediary entities (Urbana Mauritius Inc. and Caldwell India Holdings Inc.) based in Mauritius.<\/p>\n<p align=\"justify\">These entities will be wound up and funds repatriated to Canada for redeployment in other areas.<\/p>\n<p align=\"justify\">On behalf of Urbana\u2019s Board of Directors <br \/>Thomas S. Caldwell, C.M.<\/p>\n<p>\n        <strong><br \/>\n          <u>For further information contact:<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Elizabeth Naumovski <br \/>Investor Relations <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KVde9kgqU1oATBVN74TumIAF4xWg4NhN5Yb3RJV0xF9G83GmmvwIN7hrJ_ULtLoNEJvuVrzXFQkyYrUCp3EFxM_BqbAXxtEr6vuB7S605Gw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">enaumovski@urbanacorp.com<\/a><br \/>(416) 595-9106<\/p>\n<p align=\"justify\">Certain statements in this news release constitute \u201cforward-looking\u201d 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.<\/p>\n<p align=\"center\">\n        <strong>150 KING ST. W., SUITE 1702, TORONTO, ONTARIO M5H 1J9<\/strong>\u00a0\u00a0 <br \/><strong>TEL: 416-595-9106 FAX: 416-862-2498 www.urbanacorp.com <\/strong><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMTUxNyM0MTA1OTI0IzIwOTQyNjk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4d3050b1-08b8-4747-925c-688e8c6540a5\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.\/ TORONTO, April 05, 2021 (GLOBE NEWSWIRE) &#8212; Urbana Corporation (TSX &amp; CSE: URB &amp; URB.A) Urbana Corporation has completed the liquidation of its remaining equity ownership in the Bombay Stock Exchange (1,016,070 shares at approximately $10 per share). This investment had to be held in intermediary entities (Urbana Mauritius Inc. and Caldwell India Holdings Inc.) based in Mauritius. These entities will be wound up and funds repatriated to Canada for redeployment in other areas. On behalf of Urbana\u2019s Board of Directors Thomas S. Caldwell, C.M. For further information contact: Elizabeth Naumovski Investor Relations enaumovski@urbanacorp.com(416) 595-9106 Certain statements in this news release constitute \u201cforward-looking\u201d statements that involve known &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Urbana Corporation Winds Up Investment in Bombay Stock Exchange&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-470961","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Urbana Corporation Winds Up Investment in Bombay Stock Exchange - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urbana Corporation Winds Up Investment in Bombay Stock Exchange - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"\/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.\/ TORONTO, April 05, 2021 (GLOBE NEWSWIRE) &#8212; Urbana Corporation (TSX &amp; CSE: URB &amp; URB.A) Urbana Corporation has completed the liquidation of its remaining equity ownership in the Bombay Stock Exchange (1,016,070 shares at approximately $10 per share). This investment had to be held in intermediary entities (Urbana Mauritius Inc. and Caldwell India Holdings Inc.) based in Mauritius. These entities will be wound up and funds repatriated to Canada for redeployment in other areas. On behalf of Urbana\u2019s Board of Directors Thomas S. Caldwell, C.M. For further information contact: Elizabeth Naumovski Investor Relations enaumovski@urbanacorp.com(416) 595-9106 Certain statements in this news release constitute \u201cforward-looking\u201d statements that involve known &hellip; Continue reading &quot;Urbana Corporation Winds Up Investment in Bombay Stock Exchange&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-05T16:14:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMTUxNyM0MTA1OTI0IzIwOTQyNjk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Urbana Corporation Winds Up Investment in Bombay Stock Exchange\",\"datePublished\":\"2021-04-05T16:14:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\\\/\"},\"wordCount\":203,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxMTUxNyM0MTA1OTI0IzIwOTQyNjk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urbana-corporation-winds-up-investment-in-bombay-stock-exchange\\\/\",\"name\":\"Urbana Corporation Winds Up Investment in Bombay Stock Exchange - 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This investment had to be held in intermediary entities (Urbana Mauritius Inc. and Caldwell India Holdings Inc.) based in Mauritius. These entities will be wound up and funds repatriated to Canada for redeployment in other areas. On behalf of Urbana\u2019s Board of Directors Thomas S. Caldwell, C.M. 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