Urbana Corporation
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Urbana Corporation Has Filed 2025 Third Quarter Interim Financial Statements
Globenewswire· 2025-11-13 21:05
NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. TORONTO, Nov. 13, 2025 (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, 2025 with the applicable Canadian securities regulators. PDF versions of the documents are available at www.urbanacorp.com and at www.sedarplus.ca. For further inform ...
Urbana Corporation Congratulates Canadian Securities Exchange’s Parent Company on Completing the Acquisition of National Stock Exchange of Australia
Globenewswire· 2025-10-27 20:12
Core Insights - Urbana Corporation's investee company, CNSX Global Markets Inc., has successfully acquired NSX Limited, the parent company of the National Stock Exchange of Australia, for an all-cash consideration of AUD$0.04 per fully paid ordinary share [1][2] Company Overview - Urbana Corporation is a diversified entity focusing on financial services, information services, and innovative technologies, aiming for income and capital appreciation through public and private investments [5] - The Canadian Securities Exchange (CSE) is a rapidly growing exchange that supports entrepreneurs and innovators in accessing public capital markets, characterized by an efficient operating model and competitive fee structure [6][7] Acquisition Details - The acquisition of NSX Limited was completed following the approval of NSX shareholders, with 94.78% voting in favor, and the fulfillment of regulatory and court approvals [2] - The CNSX Group and NSXA are taking immediate actions to enhance NSXA's competitive position in Australia, aiming to create a market platform that meets the needs of early-stage companies [3][4] Strategic Implications - The CEO of CSE, Richard Carleton, emphasized that this acquisition positions NSXA to replicate CSE's success in Canada, potentially leading to significant growth in corporate listings and benefiting emerging companies and the investment community in Australia [4]
Urbana Corporation Announces Blue Ocean Technologies, LLC
Globenewswire· 2025-10-14 16:57
Core Insights - Urbana Corporation's investee company, Blue Ocean Technologies (BOT), plans to integrate with the upcoming tokenized National Market System (NMS) equities solution, marking a significant step in modernizing trading systems [1][2] - BOT aims to enhance access to U.S. equities for global investors through technological advancements, with tokenization expected to facilitate continuous market operations [2] - BOT is currently the largest shareholder in Blue Ocean Technologies, holding approximately 38.8% of the company [1] Company Overview - Urbana Corporation focuses on financial services, information services, and innovative technologies, seeking investments for income and capital appreciation through public and private investments [4] - Blue Ocean Technologies operates as a fintech company that enables trading of U.S. National Market System stocks during non-traditional hours, specifically from 8:00 PM to 4:00 AM ET [5] Industry Context - The integration of tokenized trading initiatives aligns with the principles of fairness, transparency, and investor protection that define the current National Market System [3] - BOT's recent role as a data oracle operator on the Pyth Network allows it to publish real-time U.S. equities pricing to blockchain-based financial applications, further enhancing its technological capabilities [2]
Urbana Corporation – Renewal of Normal Course Issuer Bid
Globenewswire· 2025-09-04 12:30
Core Viewpoint - Urbana Corporation has announced its intention to conduct a normal course issuer bid to purchase up to 3,107,305 of its non-voting Class A shares, representing 10% of the public float, as accepted by the Toronto Stock Exchange [1][4]. Group 1: Issuer Bid Details - The purchases under the bid may commence on September 9, 2025, and will terminate on the earlier of September 8, 2026, or upon completion of the purchases [2]. - Purchases will be made on the open market through TSX, Canadian Securities Exchange, or other permitted means, with Caldwell Securities Ltd. handling the purchases [3]. - The price for the shares will be the market price at the time of acquisition, and purchased shares will be cancelled [3]. Group 2: Purchase Limits and Previous Bids - Urbana will not purchase more than 2,584 Class A Shares on any given day through TSX, which is 25% of the average daily volume of 10,336 shares [3]. - Urbana previously sought approval to purchase up to 3,107,404 Class A Shares from September 9, 2024, to September 8, 2025, but had not purchased any shares under that bid as of August 29, 2025 [4]. Group 3: Rationale for Share Buyback - The company believes that the market price of its Class A Shares may be attractive at times, and purchasing shares would be an appropriate use of corporate funds, benefiting remaining shareholders [5].
Urbana Corporation Announces the Recent Initial Public Offering of One of Its Investees
Globenewswire· 2025-08-18 16:52
Core Viewpoint - Urbana Corporation's investee company, Miami International Holdings Inc. (MIH), successfully completed an initial public offering (IPO) on the New York Stock Exchange (NYSE) [2][3] Group 1: IPO Details - MIH shares began trading on the NYSE on August 14, 2025, with an IPO price of US$23.00 per share [3] - The IPO raised a total of US$396,750,000 by issuing 15,000,000 shares, including an over-allotment option for an additional 2,250,000 shares [3] - MIH shares closed at US$31.12 on August 15, 2025, indicating a strong market performance post-IPO [3] Group 2: Urbana's Investment - Urbana owns 663,810 shares of MIAX, with an acquisition cost of CAD$12.3 million [4] - The market value of Urbana's MIAX shares was approximately CAD$28.5 million as of August 15, 2025, reflecting an unrealized gain of about CAD$16.2 million, or approximately 132% [4] Group 3: Company Background - Urbana Corporation is a diversified entity focusing on financial services, information services, and innovative technologies, aiming for income and capital appreciation through public and private investments [6] - Miami International Holdings, Inc. is a technology-driven leader in operating regulated financial markets across various asset classes, owning multiple exchanges including MIAX and the Bermuda Stock Exchange [7]
Urbana Corporation Intersects 6.98 g/t Gold over 6.00 metres at the Urban Gold Project
Globenewswire· 2025-08-07 19:23
Core Insights - Urbana Corporation has reported positive results from its winter drill program at the Urban Gold Project, indicating significant gold mineralization and potential for further exploration [2][3][8] Drill Program Results - The drill program consisted of 5,226 meters and 17 drill holes, focusing on the southern part of the Urban Gold Project [3] - Notable intercepts include 6.98 grams of gold per tonne over 6.0 meters in hole UU-25-12, expanding the known mineralized zone to a potential strike length of 200 meters [3][4] - Historical intercepts from the 1980s were also targeted, with previous results of 15.0 g/t over 0.8 meters and 15.0 g/t over 0.97 meters [4] Upcoming Exploration Plans - A comprehensive surface exploration campaign is set to begin, targeting the underexplored northern and central portions of the Urban Gold Project [6] - The northern sector has never been drilled and is surrounded by multiple gold occurrences, while the central sector has numerous undocumented gold showings [6][7] Strategic Location - The Urban Gold Project is strategically located between Goldfield's Windfall deposit and Bonterra Resources' Barry deposit, within a highly prospective mineralized corridor [8] - The project benefits from road access and nearby infrastructure, enhancing its exploration potential [8] Quality Control Measures - True width determination for the reported intervals is estimated at 55-90% [9] - Assays were conducted using industry-standard methods, with a robust QA/QC program in place [9]
Urbana Corporation Has Filed 2025 Second Quarter Interim Financial Statements
Globenewswire· 2025-08-07 14:52
/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, Aug. 07, 2025 (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, 2025 with the applicable Canadian securities regulators. PDF versions of the documents are available at www.urbanacorp.com and at www.sedarplus.ca. For further informatio ...
Urbana Corporation – Report of Voting Results Annual Shareholders’ Meeting
Globenewswire· 2025-07-08 20:02
(Section 11.3 of National Instrument 51-102)/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, July 08, 2025 (GLOBE NEWSWIRE) -- Urbana Corporation (the “Corporation”) (TSX & CSE: URB, URB.A) reports the results of the votes conducted at its Annual Meeting of Shareholders held on June 11, 2025. Election of DirectorsEach of the five director nominees listed in the Corporation's management proxy circular dated May 8, 2025, was elected as a director. The voting results of th ...
Urbana Corporation Congratulates Tetra Trust Company on Being Selected by Wealthsimple to Provide Digital Asset Custody Services
Globenewswire· 2025-05-23 14:36
Core Insights - Tetra Trust Company has been selected by Wealthsimple to provide digital asset custody services, marking the first Canadian custodian added to Wealthsimple's roster [2][3] - The partnership aims to enhance the digital asset ecosystem in Canada by combining Wealthsimple's consumer platform with Tetra's institutional-grade custody solutions [3] - Urbana Corporation owns 55.6% of Tetra's common shares, indicating a significant stake in the company [4] Company Overview - Urbana Corporation is a diversified entity focused on financial services, information services, and innovative technologies, aiming for income and capital appreciation through public and private investments [5] - Tetra Trust Company, founded in 2019, is Canada's first trust company licensed to custody digital assets, backed by major industry players [6]
Urbana Corporation Congratulates the Canadian Securities Exchange on its Acquisition of the National Stock Exchange of Australia
Globenewswire· 2025-05-22 15:08
Core Viewpoint - The acquisition of NSX Limited by CSNX Markets Inc. is aimed at expanding the geographic footprint of the Canadian Securities Exchange (CSE) and enhancing its focus on early-stage, entrepreneurial companies, particularly in the resource sector [2][3]. Group 1: Acquisition Details - CSNX Markets Inc. has entered into an all-cash agreement to acquire NSX Limited, which owns the National Stock Exchange of Australia (NSXA) [2]. - The transaction is expected to close in the third quarter of 2025, pending approvals from CSE shareholders, NSX shareholders, the Australian court, and the Australian Securities and Investments Commission [4]. Group 2: Strategic Implications - The acquisition is positioned to disrupt the current market dominated by legacy exchanges, similar to the CSE's historical growth over the past 20 years [3]. - Richard Carleton, CEO of CSE, emphasized that the transaction will enhance the CSE's ability to attract global listings and support entrepreneurial companies [4]. Group 3: Company Background - Urbana Corporation is a major shareholder of CNSX Markets Inc., which operates the CSE [5]. - Urbana focuses on financial services, information services, and innovative technologies, aiming for income and capital appreciation through a mix of public and private investments [6].