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Urbana Corporation Announces Lease of NYSE Seat.


TORONTO -- Urbana Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 Venture: URB URB USB (Universal Serial Bus) Request Block
URB Urbanización (district; postcode use, Puerto Rico)
URB University Radio Bath (UK)
URB Upright Bass
) announces that its wholly-owned U.S. subsidiary, Urbana America Inc., has leased its third New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 Seat, which was purchased on August 28, 2004 for $1,150,000 (U.S.). The seat has been leased for $120,000 (U.S.) per year under a four month, extendable lease.

Urbana Corporation also wishes to advise participants in the company's recent private placement that the shares purchased are now free to trade in the public market.

This press release has not been reviewed by the TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
.

Urbana Corporation (TSX VENTURE:URB)
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 16, 2004
Words:99
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