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Urban Select Capital Corporation

09:52 AM EST - Urban Select Capital Corporation : Has approved a proposed-shares-for-debt settlement with certain creditors, providing for the settlement of an aggregate of $365,000 in debt through the issuance of an aggregate of 7,300,000 common shares of the Company at an issue price of $0.05 per common share. Urban Select Capital Corporation shares V.CH are trading unchanged at $0.04.