TORONTO, ONTARIO--(Marketwired - Nov. 2, 2016) -
NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Urbana Corporation ("Urbana") (TSX:URB)(TSX:URB.A)(CSE:URB)(CSE:URB.A) is pleased to announce that as of
the close last night its net asset value per share ("NAVPS") reached a new all-time high of $4.104, exceeding $4 for the first
time. Total net assets for Urbana are now over $217 million.
Urbana recently announced that it had increased its investment in its largest private holding, Real Matters Inc. ("Real
Matters"), through the purchase of shares from existing shareholders. Urbana's five largest private investments are in Real
Matters, BSE Inc. (Bombay Stock Exchange), the Canadian Securities Exchange ("CSE"), Minneapolis Grain Exchange, Inc. ("MGEX")
and Highview Financial Group, a leading Canadian provider of family office services. Together these five positions comprise over
35% of Urbana's investment portfolio. Urbana's private equity investments total 44% of its overall portfolio.
"Urbana's use of both private and public investments makes a powerful combination for building the company's portfolio," says
Thomas S. Caldwell, Chairman of Urbana Corporation. "We believe that Urbana's permanent capital base allows it to act quickly as
opportunities arise."
About Urbana Corporation
Urbana Corporation is a diversified investment corporation with a current focus across the financial services sector from
exchanges to banks to broker dealers, investment managers and information services.
The long-term goal of Urbana is to seek and acquire investments for income and capital appreciation through a combination of
public and private investments. The mix of an actively managed portfolio of publicly traded securities with private equity
investments ensures non-committed assets are productively employed as we seek out, evaluate and participate in opportunities
within the non-public sphere.
Forward-Looking Information
Certain information contained in this press release constitutes forward-looking information, which is information relating
to possible events, conditions or results of operations which are based on assumptions about future economic conditions and
courses of action and which are inherently uncertain. All information other than statements of historical fact may be
forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "seek",
"anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential",
"target", "intend", "could", "might", "should", "believe", and similar words or phrases (including negative variations)
suggesting future outcomes or statements regarding an outlook. Forward-looking information involves known and unknown risks,
uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such
forward-looking information. Urbana believes that the expectations reflected in the forward-looking information are reasonable
but no assurance can be given that these expectations will prove to be correct. Some of the risks and other factors which could
cause results to differ materially from those expressed in forward-looking information contained in this press release are
described in Urbana's most recently-filed MD&A and Annual Information Form. Any forward-looking information in this press
release is provided as at the date of this press release, based upon the opinions and estimates of management and information
available to management as at the date of this press release. Urbana undertakes no obligation to update publicly or revise any
forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
Readers are cautioned not to place undue reliance on forward-looking information contained in this press release.