Urbana Ord Shs T.URB

Blue Ocean - Revaluation

[fishowl]

NAV from this revaluation resulted in about 0.91 increase from September 1 (Nav 7.86) to September 8 (Nav 8.77)
Value of BOT went from $11.4 million to $55.8 million.

Sept 1 - See last 2 entries for value and percent increase in portfolio
 5,622     Blue Ocean Technologies, LLC / Urbana International Inc.(i)            10,479,725                11,417,521         2.90%
Sept 8
5 ,622 Blue Ocean Technologies, LLC / Urbana International Inc. (i)             10,479,725                 55,833,104         12.80%



https://stockhouse.com/news/press-releases/2023/09/07/urbana-corporation-announces-the-revaluation-of-one-of-its-investments

Urbana Corporation Announces the Revaluation of One of Its Investments

GlobeNewswireSep 7, 2023 9:52 AM EDT

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

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Urbana Corporation announces that today, it has revalued its investment in Blue Ocean Technologies LLC based on a recent equity raise transaction. This revaluation has the impact of increasing Urbana’s net assets per share (“NAPS”) by approximately $0.93 (or approximately 11.9%) from its last published NAPS as at September 1, 2023.

Urbana publishes every Tuesday its NAPS as at the closing on the previous Friday. This revaluation will be reflected in our next weekly NAPS calculation to be published on next Tuesday, September 12.

PDF versions of the documents are available at www.urbanacorp.com and at www.sedar.com .