Urbana Corp T.URB

Alternate Symbol(s): C.URB | UBAAF | C.URB.A | T.URB.A | URNAF

Financial Services Asset Management

Urbana Corporation is a Canada-based investment holding company. The Company’s objectives are to seek out, and invest in, private investment opportunities for capital appreciation and invest in publicly traded securities. The Company makes investments in a range of private companies across different industry sectors. The Company’s investment portfolio includes private equity investments, public equity investments and private debt investments. It has owned resource properties in Urban Township, Quebec, where it holds approximately 44 claims in the area totaling over 1,154.4 hectares. Caldwell Investment Management Ltd. (CIM) is the investment manager, which provides investment, portfolio management and other services to the Company. Its subsidiaries include Urbana International Inc. and Radar Capital Inc.

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Urbana Corp > NCIB

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Comment by mrmoribundon Dec 30, 2021 9:43pm

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Post# 34272830

RE:NCIB

In fairness, it seems Urbana HAS in fact been paying down the BMO credit line. I see on November 5 the balance was $29,000,000. As of December 24 it stood at $23,700,000.

Given the current scares about inflation and rising interest rates, I'd say that looks prudent.

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Investing in Canada's lumber market