TORONTO, ONTARIO--(Marketwired - Aug. 10, 2015) -
NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Urbana Corporation (the "Corporation") (TSX:URB)(TSX:URB.A)(CSE:URB)(CSE:URB.A) reports the results of the vote on the election of directors at its May 6, 2015 Annual Shareholders' Meeting. Each of the nominee directors listed in the Corporation's management proxy circular dated March 23, 2015 was elected as a director, without a vote by ballot being conducted. The Corporation received proxies with regard to voting on the four directors nominated for election, directing as set forth in the table below:
| Name of Nominee | Vote for | % | Withhold Vote | % | ||||
| Thomas S. Caldwell | 4,990,417 | 99.86 | 7,095 | 0.14 | ||||
| Bethann Colle | 4,990,417 | 99.86 | 7,095 | 0.14 | ||||
| George D. Elliott | 4,990,417 | 99.86 | 7,095 | 0.14 | ||||
| Michael B.C. Gundy | 4,987,917 | 99.81 | 9,595 | 0.19 |
Subsequent to the Annual Shareholders' Meeting, on May 27, 2015, the Board of Directors of the Corporation appointed Charles A.V. Pennock as an additional independent Director of the Corporation.
On behalf of Urbana's Board of Directors,
Thomas S. Caldwell, C.M.
Contact Information:
Elizabeth Naumovski
Investor Relations
416-595-9106
416-862-2498 (FAX)
www.urbanacorp.com