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VANCOUVER, BC--(Marketwired - August 25, 2016) - Urban Communications Inc. (TSX VENTURE: 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 indicative of the confidence of the market in the Company's business proposition and future prospects. |
