Brampton, Ontario--(Newsfile Corp. - August 29, 2025) - Urban Infrastructure Group Inc. (TSXV: UIG ) ("UIG" or the "Corporation") regretfully announces the passing of Harold Wolkin, a respected director and Chairman of the Board.
The Board of Directors, management team, and employees of UIG extend their deepest sympathies and heartfelt condolences to Harold's family during this difficult time. Harold was known for his remarkable passion, extensive experience, and unwavering energy in all his endeavors.
Gary Alves, C.E.O., shared his sentiments: "Those of us who had the privilege of knowing Harold recognized him as an exceptional leader and a true friend; his legacy will undoubtedly endure. Harold played a pivotal role in UIG's successful public listing and consistently championed the company's business and future prospects. He was an invaluable director, contributing a wealth of experience and profound wisdom to the board and its committees. His presence will be profoundly missed by all."
About Urban Infrastructure Group
UIG is a leading concrete and drainage infrastructure construction group engaged in the earliest stage of the construction process - known as Stage One. Urban Infrastructure Group specializes in large-scale, master-planned residential communities, with partners and customers behind some of Ontario's most significant residential development projects.
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.