URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 21,510,200 shares to settle outstanding debt for $1,075,510.
Number of Creditors: 3 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Clifford Bouillet Y $697,510 $0.05 13,950,200
Leslie Maerov Y $253,000 $0.05 5,060,000
Whitehorse Savings Ltd. Y $125,000 $0.05 2,500,000
(D. Robertson)
The Company shall issue a news release when the shares are issued and the debt extinguished.
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