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Corporate Update
Published Aug 7 2018
4 min read

Corporate Update

Corporate Update




Corporate Update



Vancouver, British Columbia (FSCwire) - Urban Select Capital Corporation (TSX-V: CH) (“Urban Select” or the “Company”) announces that its wholly owned subsidiary’s previously announced Letter of Intent (“LOI”) with North America Frac Sand Inc. (“NAFS”) dated April 30, 2018 has expired.  However, Urban Select is continuing with its due diligence on the Eagle Creek project, and once completed, it will determine if it will renew negotiations with NAFS.

 

“We are interested in completing our due diligence on Eagle Creek, but are very excited about our recent decision to acquire Hard Rock Lithium’s assets in the energy metals sector,” comments David Yoo, CFO and Managing Director of Urban Select.  “We look forward to completing our acquisition investment with Hard Rock Lithium, and updating shareholders on future acquisitions and investments.”

 

About Urban Select Capital Corp.

 

Urban Select Capital Corp. is an investment issuer focused on investing growth capital in private and public companies in a broad range of sectors including natural resources, media & entertainment, education, healthcare and consumer retail services.  Urban Select’s management team is composed of investment professionals combining an Asian background with Western education and extensive experience in investment banking, venture capital and fund management in Canada, China and the U.S.

 

For further information, please contact:

 

David Yoo

Chief Financial Officer and Managing Director

Phone: 604-689-0618







Source: Urban Select Capital Corp. (TSX Venture:CH, FWB:1QD)

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