Urban Communications Inc. Signs Revenue Sharing Agreement to Fund Construction Costs for Building Connections
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN) announces that, subject to regulatory approval, the Company has signed an agreement with GC Capital Inc. for the investment of $500,000 to fund the capital cost of constructing network extensions from its backbone fibre optic network to connect residential and commercial buildings. These funds will be deployed over the […]
Urban Communications Inc. Announces Increase in Loan Facility
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN) is pleased to announce that, subject to regulatory approval, it has agreed to increase its existing loan facility with MHI Finance Corp. by $750,000 from $3,650,000 to $4,400,000. The additional funding will be advanced in two tranches of $500,000 immediately and $250,000 as required by the Company. The original […]
Urban Communications Inc. Annual General and Special Meeting Results
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN) announces that its Annual General and Special Meeting was held on June 28, 2016, at the Pinnacle Hotel Vancouver Harbourfront. The Scrutineer’s Report indicated that there were 56 persons present in person or by proxy holding 46.2% of the Company’s issued stock. The Chair declared the meeting to be duly […]
Urbanfibre Continues to Expand its Network in Metro Vancouver
July 19, 2016 Take a look at this article in Venture Cap News highlighting how Urban Communications Inc. (TSX-V:UBN) continues to expand its network in Metro Vancouver. Find out why Urbanfibre is laying the foundations for success as the race for fibre optic access heats up in Vancouver. An excerpt as well as a link to the complete article can […]
Urban Communications Inc. Announces Increase in Private Placement Due to Demand
Vancouver, BC – Urban Communications Inc. (TSX-V:UBN) is pleased to announce that it has received conditional approval from the TSX Venture Exchange to increase the private placement announced June 30, 2016, from 5.0 million Units to up to 7.5 million Units, with the right to increase that amount to 12.5 million Units. The purchase price remains $0.10 […]
Urban Communications Inc. Announces Closing of Oversubscribed Private Placement
Vancouver, BC – Urban Communications Inc. (TSX-V: UBN) is pleased to announce that, subject to regulatory approval, the Company has closed the non-brokered private placement announced June 30, 2016, raising $1,378,000. The TSX Venture Exchange initially gave conditional approval for the Company to raise $500,000, and then to increase the financing to $1,250,000. The amount ultimately raised is […]
Urban Communications Inc. Accelerates Growth, Doubles Revenue in Second Quarter
Urban Sees Revenue Double in the Second Quarter Fuelled by Growth in Commercial Services and New Building Inventory Vancouver, BC – Urban Communications Inc. (TSX-V: UBN), one of the country’s first telecommunications companies to deliver Gigabit Internet service to the home, is pleased to announce that its consolidated interim financial statements, related Management’s Discussion & Analysis (“MD&A”) and […]
Urban Communications Inc. Acquires Private Network in Downtown Vancouver to Meet Growing Demand in the Business Market
Urban Adds 9.3 km. of Fibre in Downtown Vancouver; Acquisition Preparatory to Connection of 100 Commercial Buildings in the Next 18 Months Vancouver, BC – Urban Communications Inc. (TSX-V: UBN), one of the country’s first telecommunications providers to deliver Gigabit Internet service to the home, today announced that it has acquired a 9.3 km. private fibre optic network […]
Urban Communications Inc. Wins RFPS for City of Coquitlam and Coquitlam Public Library
Urban Delivers Symmetrical, Ultra High Speed, Enterprise Internet Service to the City of Coquitlam and Coquitlam Public Library After Comprehensive RFP Process. Vancouver, BC – Urban Communications Inc. (TSX-V:UBN), one of the country’s first telecommunications companies to deliver Gigabit Internet service to the home, today announced it has won two request for proposals (RFP’s) for […]
