Urbana Corporation Announces Approval of Sale of Integrated Grain Processors Co-operative Inc.

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TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Urbana Corporation ("Urbana") (TSX and CSE: URB, URB.A) is pleased to announce that at a special general meeting held on November 13, 2024, Members and Preference Shareholders of Integrated Grain Processors Co-operative Inc. ("IGPC") approved a conversion of IGPC from a co-operative corporation to a business corporation and the subsequent sale of all shares of IGPC under a statutory plan of arrangement (the “Arrangement”) to Alco Energy SA, through its Canadian subsidiary, Alco Energy Canada Corp.

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