Brampton, Ontario--(Newsfile Corp. - May 25, 2025) - Urban Infrastructure Group Inc. (TSXV: UIG) ("urban" or the "Company") today announced that Mr. Norman Levine has withdrawn his candidacy for election to the Company's Board of Directors due to unforeseen business commitments.
Urban remains committed to maintaining strong corporate governance and ensuring a diverse and experienced Board of Directors to guide the Company's strategic initiatives.
About Urban Infrastructure Group Inc.
Urban Infrastructure Group stands as a premier provider of concrete and drainage infrastructure construction services, specializing in Stage 1 development-the critical foundation phase of the construction process. As industry leaders in early-stage infrastructure development, the company delivers essential groundwork for large-scale, master-planned residential communities throughout Ontario.
With a distinguished portfolio of partnerships, Urban Infrastructure Group collaborates with prominent developers and stakeholders behind Ontario's most ambitious and transformative residential development projects. The company's expertise in foundational infrastructure enables the successful realization of complex, community-shaping initiatives that form the backbone of the region's expanding residential landscape.
Connect with UIG: https://urbaninfrastructuregroup.com/
Contact:
Bill Mitoulas
Investor Relations
T: 416.479.9547
E: bill@urbaninfrastructuregroup.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain acts, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of UIG, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the "Caution on Forward-Looking Information" section and "Risk Factors" section of the MD&A. Although UIG has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. UIG does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE: Urban Infrastructure Group Inc.
