TORONTO, ONTARIO–(Marketwired – May 12, 2016) –
NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Urbana Corporation (the “Corporation”) (TSX:URB)(TSX:URB.A)(CSE:URB)(CSE:URB.A) reports the results of the vote on the election of Directors at its May 11, 2016 Annual Shareholders’ Meeting.
Each of the five nominee directors listed in the Corporation’s management information circular, dated April 4, 2016, was elected as a Director, without a vote by ballot being conducted.
The Corporation received proxies with regard to voting on the five directors nominated for election, directing as set forth in the table below:
| Name of Nominee | Vote for | % | Withhold Vote |
% |
| Thomas S. Caldwell | 4,958,780 | 100.00 | 0 | 0.00 |
| Bethann Colle | 4,958,780 | 100.00 | 0 | 0.00 |
| George D. Elliott | 4,958,780 | 100.00 | 0 | 0.00 |
| Michael B.C. Gundy | 4,958,780 | 100.00 | 0 | 0.00 |
| Charles A.V. Pennock | 4,958,780 | 100.00 | 0 | 0.00 |
On behalf of Urbana’s Board of Directors,
Thomas S. Caldwell, C.M.
