Urbana Corp T.URB

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

Financial Services Asset Management

Urbana Corporation is a Canada-based investment 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 manages the Company’s investment portfolio. The Company’s subsidiaries include Urbana International Inc. and Radar Capital Inc.

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Urbana Corp

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Comment by Iceman2000on Jun 05, 2015 4:27pm

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Post# 23802366

RE:May 29, 2015 NAV steady at $3.42; increased Cdn. holdings

Hi TOxray,

I figured you be the guy to answer this. I was going through the year end financilas and I saw a couple loans to a 2232057 Ontario Inc.
Loans were written down by 3.8M.

That is a significant losses on a loan, not equity investment. This seems odd / dubious. Why would Urbana be investing in a number company. Any idea or colour as to what this investment was.

thanks

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