Futuregen Industries Corp.TSXV: LITT

Urban Select Capital Adds Alex Klenman to the Board

· Issued by Futuregen Industries Corp.




Urban Select Capital Adds Alex Klenman to the Board



Vancouver, British Columbia (FSCwire) - Urban Select Capital Corporation (TSX-V: CH) (“Urban Select” or the “Company”) announces the addition of Alex Klenman as a director of the Company.  Mr. Klenman brings over 30 years of business development, marketing, finance, media and corporate communications experience to Urban Select.  He has held senior management positions in both the public and private sectors.  Mr. Klenman is currently the President & CEO of Azincourt Energy (TSX-V: AAZ) and Chairman & COO of Nexus Gold Corp (TSX.V: NXS), a position he has held since December 2014.  Prior to that he was Vice-President, Corporate Finance of Columbia Star Resources, the pre-cursor to Nexus Gold, from 2010-2014, and Vice-President, Communications, for Falcon Point Capital Partners, a firm that provided finance, communications and marketing initiatives for TSX Venture listed resource companies, including Roxgold Inc., Forum Uranium and others.  Mr. Klenman also spent ten years in broadcasting, which included notable board positions with CKVU Television and Canwest Pacific Television in Vancouver.  In this role he was directly involved in the development of corporate strategies and policies that produced $25M in annual revenue.

The Company also announces, pursuant to the Company’s Stock Option Plan, it has granted a total of 4,090,020 incentive stock options to directors, officers and consultants of the Company.  The options are exercisable at a price of $0.05 per option share until April 9, 2023.

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 Director

Urban Select Capital Corporation

Telephone: (604) 689-0618

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements – This news release contains certain forward-looking statements, including statements regarding the business of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf except as required by law.





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Source: Urban Select Capital Corp. (TSX Venture:CH)

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