Urban Communications Inc. Announces Completion of Arrangement Agreement With ACME Communications Canada, Inc.

VANCOUVER, British Columbia, Nov. 15, 2017 — Urban Communications Inc. (TSX-V:UBN), is pleased to announce the completion of the previously announced arrangement agreement (“Arrangement“) between Urban and ACME Communications Canada, Inc. (“ACME“). Preceding the completion ACME and its affiliated company Dr Peng Holding Canada Inc. (“Dr Peng“) completed a vertical amalgamation pursuant to S. 185 of the Canada Business Corporations Act under the name Dr Peng Holding Canada, Inc. Urban has now become a wholly owned subsidiary of Dr Peng.

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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