Urban Select Shareholder Approval and TSX-V Conditional Approval of Plan of Arrangement

NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE US.

Urban Select Capital Corp. ("Urban Select" or the "Company") (TSX VENTURE:CH)
announces that the Company has received unanimous shareholder approval of its
previously announced Plan of Arrangement. In addition, the Company announces
that it has received conditional approval of the Plan of Arrangement from the
TSX Venture Exchange and has received a Final Order from the Supreme Court of
British Columbia approving the Arrangement. Further information regarding the
Plan of Arrangement can be found in the Company's Information Circular at
www.sedar.com.


ABOUT URBAN SELECT

Urban Select Capital Corporation is global investment management, financial
advisory and private equity firm 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.


Caution Regarding Forward-Looking Statements - This news release contains
certain forward-looking statements, including statements regarding the business
and anticipated financial performance of the Company, including with respect to
completion of the Plan of Arrangement, the entering into of a Definitive
Agreement, completion of the Financing, completion of the Acquisition and the
anticipated results thereof. These statements are subject to a number of risks
and uncertainties. Actual results may differ materially from results
contemplated by the forward-looking statements. There is no guarantee that any
of the Plan of Arrangement, the entering into of the Definitive Agreement, the
Acquisition or the Financing will be completed as proposed or at all. The Plan
of Arrangement remains subject to approval of the Company's shareholders, the
Supreme Court of British Columbia and the TSX Venture Exchange. The Acquisition
is subject to completion of the Plan of Arrangement, execution of a Definitive
Agreement and completion of the Financing, among other things. 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.