/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES
OR FOR DISSEMINATION IN THE U.S./

TORONTO, May 14, 2018 (GLOBE NEWSWIRE) -- 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 9, 2018 Annual Shareholders' Meeting. 

Each of the five nominee directors listed in the Corporation's management information circular, dated March 29, 2018, was elected as a director of the Corporation, without a vote by ballot being conducted.

The Corporation received proxies with regard to voting on the five directors nominated for election, directing as set forth in the table below:

Name of Nominee% of votes
“for”
% of votes
“withhold”
Thomas S. Caldwell100.000.00
Beth Colle100.000.00
George D. Elliott100.000.00
Michael B.C. Gundy100.000.00
Charles A.V. Pennock100.000.00

On behalf of Urbana’s Board of Directors,
Thomas S. Caldwell, C.M.

For further information:
Elizabeth Naumovski
Investor Relations 
(416) 595-9106
info@urbanacorp.com