Urban Select Capital Announces Strategic Agreements With Shanghai Tebon Securities and Shandong Geology and Mineral Resources
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/14/13 -- Urban Select Capital Corp. (TSX VENTURE: CH) announced today that it has entered into a strategic cooperative agreement with Tebon Securities Co., Ltd. as of January 31, 2013 and a cooperation framework agreement with Shandong No. 3 Exploration Institute of Geology and Mineral Resources ("SDGM") as of January 31, 2013.
Shanghai Tebon Securities Co. Ltd., founded in 2003 is a China Securities Regulatory Commission (CSRC) approved full-service securities firm with over RMB 1 billion in registered capital, based in Shanghai, P.R. China. Tebon Securities provides corporate financial advisory and security brokerage services. Additionally, it offers restructuring, reorganization, and merger and acquisition advisory services. The firm also is a domestic leader in equity and bond issue underwriting and private placement advisory services.
The framework of the strategic cooperative agreement between Urban Select and Tebon Securities includes, but is not limited to, advising global resource and exploration companies in China's capital markets via private debt of SMEs, private placements, initial equities and other equity financings.
Urban Select also announced that on January 31, 2013 its board of directors has authorized the Corporation to enter into a cooperation framework agreement with SDGM towards additional future cooperation in international exploration and mining transactions. The present agreement defines the boundaries by which both parties agree to work together on a global basis, but with a geographic focus on the Americas for mineral exploration projects and a resource focus, on gold, nickel, copper, PGEs and uranium.
Terms of the cooperation framework agreement include, but are not limited to:
Joseph F. Fodor, Chairman of the Board of Directors of Urban Select Capital Corporation stated, "Urban Select is proud to have enjoyed longstanding relationships in China with Shanghai Tebon Securities, one of the top full-service securities firms in China, and with Shandong No. 3 Exploration Institute of Geology and Mineral Resources, which we are very happy to elevate to the next level with the signing of their respective agreements. We believe that the synergies of these two agreements are limitless. Given ours and SDGM's proprietary access to attractive growth companies and natural resource projects and Tebon Securities' expertise and experience in navigating China's emerging capital markets, we are very excited about our future investment prospects in the local markets as China stabilizes and gets back to producing impressive year over year domestic GDP growth."
About Tebon Securities Co., Ltd.
Tebon Securities Co., Ltd. ("Tebon") was established in May 2003 as a national comprehensive securities company approved by the China Securities Regulatory Commission ("CSRC"). As an innovative securities company, Tebon is committed to providing comprehensive financial services including investment banking, fixed income, asset management, quantitative investment, securities brokerage and wealth management, fund management and private equity services.
Tebon was honored with the "Best Innovative Securities Firm in China" in 2010 and "China Excellent Investment Bank - Most Innovative Award" in 2011.
About Shandong No. 3 Exploration Institute of Geology and Mineral Resources ("SDGM")
Shandong No. 3 Exploration Institute of Geology and Mineral Resources was established in 1958, SDGM is specializing in geo-mineral exploration, hydro geological exploration, environmental geological surveying, exploration, investments and development of minerals.
About Urban Select Capital Corporation
Urban Select Capital Corporation is an investment issuer focused on investing growth capital into private and public companies in a broad range of sectors including renewable energy, natural resources, chemicals, agriculture 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.
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.
Contacts:
Urban Select Capital Corporation
David Yoo
Chief Financial Officer and Corporate Secretary
(604) 689-0618
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Datum: 14.02.2013 - 14:30 Uhr
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News-ID 229690
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