/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
TORONTO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Urbana Corporation (“Urbana”) (TSX & CSE: URB & URB.A) announces today that it has made an additional investment in Evolve Funds Group Inc. (“Evolve”) through EFG Management Holdings Inc. This additional investment brings Urbana’s ownership interest in Evolve, both direct and indirect, from 22.8% to 31.3% on a fully diluted basis.